Catalyze receives $6.5 million in Series B financing: Helping medical information security "cloud change"

The medical industry is increasingly focusing on therapeutic effectiveness, so more efficient and accurate medical IT technology has emerged in recent years. With the popularity of electronic cases, networked medical devices, wearable devices and genetic testing, more and more personal health information is connected to the cloud, and once this information is leaked, personal privacy can be seriously violated. According to the survey, the average information security management cost per patient in the medical industry is as high as $233, which is much higher than the $78 in the retail industry. It is the highest data leakage cost in all industries. The confidentiality and security of information has become a topic of concern for many patients and medical personnel.

Recently, a company medical information security platform company called Catalyze received $6.5 million in Series B financing. The financing was led by Lewis & Clark Ventures of St. Louis, and other investors include Arthur Ventures, Baird Venture Partners and Chicago Venture.

Founded in April 2013, Catalyze is located in Madison, Wisconsin, and the company's cloud platform has passed the HIPAA (Health Insurance Portability and Accountability Act). It is said that Catalyze will use the proceeds to upgrade its HIPAA-compliant, HITRUST-certified platform to ensure the transmission of health information data, accelerate the development of its business core – medical information integration, and cloud hosting product and service.

Core advantages: data hosting + integration

Catalyze offers two HITRUST-compliant Common Security Framework (CSF)-certified products: one called Stratum, which is an information hosting solution backup and system recovery, and the other called Redpoint, which is called "information integration" by Catalyze. Mountaineering guide" program.

Catalyze receives $6.5 million in Series B financing: Helping medical information security "cloud change"

Catalyze two products: Stratum and Redpoint

Stratum's main features and functions: Designed a software-defined secure network for Docker, making up for a large gap in HITRUST CSF-certified multi-tenant cloud products; handling data encryption in transit and idle conditions under HIPAA compliance ; Guaranteed compliance login under HIPAA conditions; remote vulnerability scanning, security level to enterprise level; intrusion detection system designed by senior security engineer team; automatic backup of 30 days of system data, and enterprise security level system recovery.

The main features and functions of Redpoint: guide users in the whole process of medical data integration; automatically set VPN security connection; provide intelligent workflow selection in different medical application scenarios, and so on.

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