Tiger Global-Backed Hospital Software Maker Olive AI Reaches $1.5 Billion Value

(Bloomberg) — An Ohio startup that helps hospitals automate routine tasks is now valued at $1.5 billion after a funding round led by Tiger Global Management.



a man standing in front of a computer: A healthcare worker uses a desktop computer in the resuscitation department of the intensive care unit (ICU) at the Saint Joseph hospital in Marseille, France, on Friday, Nov. 20, 2020. President Emmanuel Macron will present a strategy next week for the gradual ending of France's coronavirus lockdown, Le Figaro reported, citing sources it didn't identify.


© Bloomberg
A healthcare worker uses a desktop computer in the resuscitation department of the intensive care unit (ICU) at the Saint Joseph hospital in Marseille, France, on Friday, Nov. 20, 2020. President Emmanuel Macron will present a strategy next week for the gradual ending of France’s coronavirus lockdown, Le Figaro reported, citing sources it didn’t identify.

Olive AI Inc. received an investment of $228.5 million in the round, which included new investors Alphabet Inc.’s GV, Sequoia Capital, Dragoneer Investment Group and Transformation Partners. Existing investors General Catalyst and Drive Capital also joined the round.

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Columbus-based Olive has now raised $385 million in financing in the past nine months and $448 million since its inception in 2012.

The company’s software is used

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Derby’s Griffin Hospital website taken down in major ransomware incident

DERBY — Griffin Hospital is the indirect victim of a ransomware attack, with its website going offline this week but patient information not exposed, officials said.



a woman sitting at a table using a laptop: Griffin Hospital staff in April 2020 at the Derby, Conn. hospital’s COVID-19 testing site. In mid-November 2020, the hospital’s website was taken offline after a “ransomware” attack against the website’s administrator Managed.com.


© Provided by Connecticut Post

Griffin Hospital staff in April 2020 at the Derby, Conn. hospital’s COVID-19 testing site. In mid-November 2020, the hospital’s website was taken offline after a “ransomware” attack against the website’s administrator Managed.com.


The attack is being directed against Managed.com, which administers the Derby hospital’s website. In ransomware attacks, hackers encrypt data and demand payment in an untraceable cryptocurrency as a condition to restoring access. The breaches often occur in “phishing” emails sent to an individual employee to dupe them into clicking on a link that installs the ransomware software and takes a system hostage.

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In entering the URL for Griffin Hospital or Managed.com, web browsers returned error messages. Griffin Health has cobbled together an alternative website at

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Global Hospital Software Market 2020 Definitions, Classifications, Applications, Industry Analysis and Forecast by 2025

The MarketWatch News Department was not involved in the creation of this content.

Nov 03, 2020 (CDN Newswire via Comtex) —
Global Hospital Software Market 2020 by Company, Regions, Type and Application, Forecast to 2025 is the latest market report rolled out by MarketsandResearch.biz, one of the world’s leading market research firms. The report contains a detailed description of all the major market components such as global status and trend, market size, sales volume, market share, growth, future trends analysis, segment, and forecasts from 2020 – 2025. In the research report, various factors of the market & industry including market overview, premium insights, key insights, and company profiles of the key market players have been studied/researched and compiled together. The research contains an in-depth study of the market including its key opportunities and growth trends.

Market Sectioning:

The market can be segmented into various types and applications. The report

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The new software technology introduced in TalTech brings benefits to hospital

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IMAGE: Early Stage Researcher in Taltech Jaanus Kaugerand with sensor
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Credit: Photo credit: TalTech

In the information technology sector, the rapid developments in hardware and software have significantly reduced the cost and increased the availability of the solutions. This is why the Internet of Things (IoT), which is comprised of the thousands of miniature computers around us, providing assistance in our mundane tasks, is now gaining wider popularity. The number of IoT devices and sensors is growing exponentially, having reached an estimated 20 billion devices by now. The number of connected IoT devices is expected to reach more than 50 billion in the near future.

Recently Jaanus Kaugerand defended his doctoral thesis “Mediated Interactions for Collection and Exchange of Situational Information in Smart Environments” at the Department of Software Science of Tallinn University of Technology. The thesis focused on sensor data fusion in IoT devices, i.e. in Smart

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Hospital Logistics Robots Market | Increasing Advances in Technology to Boost Market Growth

The global hospital logistics robots market size is poised to grow by USD 538.15 million during 2020-2024, progressing at a CAGR of over 16% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201018005019/en/

Technavio has announced its latest market research report titled Global Hospital Logistics Robots Market 2020-2024 (Graphic: Business Wire)

The hospital logistics robots market is driven by the increasing advances in technology. Key vendors of the global hospital logistics robots market have been innovating their AGVs and mobile robot platforms to attain competitive advantage. With additional

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