Health IT, Startups

Health data security startup raises $30 million for international expansion

It rebranded earlier this year from ThreatStream.

Fortress protectionThe steady drumbeat of patient data security breaches and ransomware threats facing hospitals and payers (and the hefty fines that can accompany them) has created an appetite for health IT vendors that can help prevent them or detect and respond to these breaches more rapidly.

So joining the likes of Haystack Informatics, Maize Analytics, Secure Healing and Protenus is Anomali. It has raised $30 million from a group of investors including General Catalyst Partners and GV, the vc formerly known as Google Ventures, and Paladin Capital Group.

The new funding will go towards international expansion,  product development and sales and marketing, according to the the statement. Anomali has raised more than $56 million since its launch in 2013. It rebranded earlier this year from ThreatStream.

Approximately 23 percent of its customers are in the healthcare industry, according to an emailed response to questions for the company. It also has more than 700 healthcare organizations using its vetted circles for sharing threat information through a partnership with Health Information Trust Alliance initiated last year. It reflects the growing need for institutions to collaborate on shared priorities.

Anomali’s approach involves helping organizations keep track of data security threats in a log book and share that information with other groups that are vetted. So it takes what seems like a passive-aggressive approach to the cybersecurity threat.

Update: Anomali didn’t agree with that assessment. In an emailed statement a spokesman said: “Anomali helps organizations make sense of the vast amounts of threat information that is catalogued on a daily basis and gives them the ability to flag threats that are relevant to their organization and their industry.”

IBM published a report this week referring to 2015 as the year of the healthcare breach Intermountain Healthcare CIO Marc Probst also noted last week at the World Health Care Congress that it’s part of a group of heath systems and hospitals opening a cybersecurity center.

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Photo: Flickr user Klearchos Kapoutsis