Paramus, N.J.-based Nuvolo announces that it has extended its Series C round for a total of $32 million, thanks to a new investment from Rochester, Minn.-based Mayo Clinic. Nuvolo will use the investment to advance the company’s Operational Technology (OT) cybersecurity solution, which helps healthcare organizations address the growing challenges posed by the proliferation of cybersecurity threats from network-connected devices.
“We’re incredibly proud to collaborate with Mayo Clinic, a global leader in medical research, patient care, and healthcare technology,” says Tom Stanford, founder and CEO at Nuvolo. “The Nuvolo Connected Workplace represents the future of medical device, facilities, and OT security management for healthcare systems globally. This commitment of capital will allow us to accelerate our platform capabilities and help our customers deliver better patient and organizational outcomes.”
Nuvolo Connected Workplace is an integrated workplace management solution (IWMS) that offers a single platform to comprehensively meet the growing needs of modern organizations. Built on NOW™, Connected Workplace provides more than 1,550 companies with the ability to provide maintenance, space management, capital projects, real estate, field service management, operational technology (OT) security and sustainability, all on one platform.
With a footprint in 65% of U.S. hospitals, Nuvolo is transforming the way healthcare providers manage their workflows, company officials say. Its IWMS platform allows hospital support teams like HTM, facilities, information technology, and human resources to work together on one unified platform to support clinicians and patients. With the growing need for medical device security solutions, Nuvolo Connected Workplace provides security across a hospital’s entire medical device fleet to ensure protection from threats and vulnerabilities.