Autonomous Cybersecurity Company Hmatix Emerges From Stealth With $500K in Seed Funding

Hmatix is the first autonomous, hardware-based, IoT endpoint security solution that can detect and block cyber attacks.

SUNNYVALE, Calif.--(BUSINESS WIRE)--Hmatix Inc., a cybersecurity company focused on cyber attacks on medical devices and industrial IoT, has emerged from stealth and announced it has raised $500K in seed-stage funding. The company, founded in 2017 by industry experts, is led by CEO Dev Gandhi. Gandhi previously was co-founder of Nexage, which AOL- Millennial Media, now Verizon, acquired in 2015.

Today Hmatix is officially launching the first autonomous, hardware-based, endpoint cybersecurity solution for industrial IoT. It provides hospital and industrial IT departments a unique way to directly protect their network and IoT devices from cyber attacks and ransomware.

“We are excited to bring this innovative new cybersecurity solution that adapts to the changing security perimeter,” said Dev Gandhi. “We believe we have the only truly effective comprehensive endpoint cybersecurity solution.”

Read more from our press release here.

HmatixCyber, Funding