19 Feb Cybersecurity startup Protenus raises $4 million in Series A funding round
Protenus protects data throughout Johns Hopkins Health System, and is in pilot stage with Inova Health System in Virginia and Maryland’s regional HIE.
Protenus, a health data protection startup co-founded when the owners were medical students at Johns Hopkins University, has raised $4 million in Series A funding.
Arthur Ventures led the investment, joined by LionBird Venture Capital, DreamIt Ventures, Cognosante, TEDCO and the Baltimore Angels.
Protenus founders Robert Lord and Nick Culberson said they started the company to address the privacy concerns raised by the use of EHRs, particularly from insider threats and employee snooping.
“Essentially, we’ve built an immune system for patient data that identifies when medical records are accessed inappropriately,“ Culbertson said in a press statement, announcing the funding. “Our product gives health systems the ability to deeply understand how and why medical records are accessed and whether or not there is a legitimate reason to look at a given patient’s medical or financial information.”