Protenus raised $3 million in an extension of its Series A funding round, bringing its total series A funding to $7 million.
The Baltimore-based startup leverages advanced analytics and artificial intelligence to identify anomalous behaviors within a hospital's IT systems. The goal is to ensure patient privacy by detecting when an individual inappropriately accesses patient data or engages in malicious activity.
Oakland, Calif.-based Kaiser Permanente Ventures led the Series A funding extension with participation from two venture capital firms: F-Prime Capital Partners and LionBird Venture Partners. Protenus will use the new investment to expand its product offerings and accelerate its sales growth.