Tausight Announces Additional $6 Million in Financing

Healthcare’s First AI Data Security Company Fuels Market Expansion with New Capital Tausight®, healthcare’s first AI-powered data security company, today announced it has raised $6 million in additional financing, led by Polaris Capital, with participation from Flare Capital Partners and .406 Ventures. The new capital will fuel expanded market presence and customer growth, as well as continued investment in the company’s patented AI technology designed to protect healthcare’s most sensitive data from cyber-attacks. “This additional funding reflects our continued momentum as we expand Tausight’s AI-based data security platform to more segments of the healthcare ecosystem so the industry can take proactive steps to protect its data from cyber threats,” said David Ting, Tausight’s Founder and Chief Technology Officer, and former appointee to the U.S. Department of Health and Human Services Health Care Industry Cybersecurity Task Force. Earlier this year, Tausight launched its expanded AI-powered PHI Security Intelligence platform, which automates the identification and classification of electronically protected health information (PHI) to enhance the protection of healthcare patients’ most valuable confidential information. The expansion of the Tausight platform will cover more sensitive healthcare data categories allowing the company to solve critical customer use cases and serve new healthcare market segments. “...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT .406 Ventures Aaron Miri Baptist Health Dave Barrett David Ting Flare Capital Partners Health IT Funding Health IT Fundings Health IT Investment Polaris Capital Tausight Source Type: blogs