Ascension, SVB invest in cybersecurity company
Censys, a cybersecurity and internet intelligence company, has secured $75 million in new funding.
Decibel Partners led a $50 million Series C funding round with support from St. Louis-based health system Ascension’s venture fund, Google Ventures (GV), Greylock and Intel Capital, a corporate venture division of chipmaker Intel. SVB Capital, Silicon Valley Bank, a division of Silicon Valley Bank, led $25 million in debt funding.
Silicon Valley Bank was taken over by the Federal Deposit Insurance Corporation in March and now operates as a division of First Citizens Bank.
Censys said it plans to use the funding to accelerate product development and expand its focus into healthcare security and privacy protection with the help of Ascension Ventures.
The investment from Ascension comes as healthcare cybersecurity incidents are increasing significantly. Around 85 million patients have had their personal information compromised through the first nine months of the year, compared with 38 million in the same time period in 2022 and 43.9 million in 2021, according to the Health and Human Services Department's Office for Civil Rights.
Google Ventures, Samsung among investors in digital weight loss company
Signos, a metabolic health and weight loss company, said it secured $20 million in a Series B funding round led by Cheyenne Ventures and Google Ventures (GV).
The corporate venture funds associated with glucose monitoring company Dexcom and technology giant Samsung also participated in the round.
Signos' app takes in user-inputted information and connects with continuous glucose monitors to serve real-time data and recommendations for health and weight management. Signos' platform relies on artificial intelligence to make these recommendations.
Signos said the funding will allow the company to expand its core team and platform and conduct additional research on metabolic health.
The round is the latest from GV focused on digital health in recent weeks. Last week, it led a $10 million Series A round in Allara, a virtual care platform focused on chronic hormonal conditions. In September, it led a $25 million round in women's health startup Midi Health.
Mayo, Kaiser and CVS among investors in generative AI company Abridge
Abridge, the clinical documentation company, said on Thursday it raised $30 million in a Series B funding round. Its round will fund rollouts of its AI technology at large-scale health systems along with product developments. Read more.
Care coordination company Sage secures $15M
Sage, a technology company focused on care coordination for older adults, said it closed a $15 million Series A funding round.
Sage has developed a care coordination platform that helps caregivers respond to critical incidents involving older adults. The round will allow the company to hire additional staff, scale its client base and develop new features.
The funding brings the company’s total raised to date to $24 million.
Sage's funding round was led by venture capital firm Maveron with support from Goldcrest Capital, Animo Ventures and Distributed Ventures.
RadiantGraph gets $5M out of stealth
RadiantGraph, a company focused on consumer engagement for health plans, said it was debuting publicly with a $5 million seed funding round.
RadiantGraph uses machine learning and AI to translate medical claims, medication history and biometric data with the hope of creating a more tailored healthcare experiences for patients. RadiantGraph said the round will be used to accelerate growth and advancing its enterprise and health plan product offerings.
True Ventures and XYZ Ventures led the round with participation from Remus Capital.