MedCrypt, a medical device security startup, raised USD 25 million in a Series B funding round, co-led by Intuitive Ventures and Johnson & Johnson Innovation, with participation from Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. MedCrypt’s total funding currently stands at nearly USD 34 million.

The funds will be used to expand its cryptography, behavior monitoring, and vulnerability inventory products across different types of medical devices, and to grow its engineering team. MedCrypt also intends to go public in the future.

Founded in 2016, MedCrypt is a Y Combinator startup that provides proactive cybersecurity solutions to secure connected medical devices such as glucose monitors, surgical robots, insulin pumps, heart rate monitors, AI-based radiology tools, and autonomous robots from cyber attacks. The platform provides cryptographic communication, behavior monitoring, and vulnerability monitoring and management to secure these devices. It ensures that devices act only according to instructions from trusted sources, and provides an early warning system against intrusions with an event monitoring system that detects anomalous behavior.