Balaji Gopalan, Co-Founder and CEO
TORONTO, May 16, 2019 – Toronto-based MedStack is the proud recipient of this year’s TELUS Outstanding Product Achievement Award for Mobility Health (M-Health) Innovation Excellence in Canada’s Health Care Sector.
Presented by the Canadian Advanced Technology Alliance (CATAAlliance ), the award recognizes a Canadian organization whose outstanding technology development or solution has resulted in the production of a uniquely innovative or bold product for the healthcare industry.
The 2019 award winners were announced at the 34th Annual CATAAlliance Innovation and Leadership Awards Gala Dinner, which took place on May 15 in Ottawa. Each of the 10 recipients were celebrated for their innovation, expertise and leadership in Canada’s technology sector.
“Our award winners and ﬁnalists have each demonstrated signiﬁcant leadership as role models for the development of commercially successful enterprises in Canada,” said John Reid, President and CEO, CATAAlliance . “CATA is proud to act as an advocate for them, to share their stories, and to provide a platform of programs and services to assist in fostering their growth.”
Founded by CEO Balaji Gopalan and CTO Simon Woodside, MedStack is a HIPAA-compliant cloud hosting solution for healthcare application developers. By eliminating the complexity of building and maintaining a regulatory compliant solution, MedStack is accelerating the adoption process of digital health innovation.
In just over 4 years, the company has already grown to support over 50 customers including patient engagement solutions, smart medical devices, chronic condition management, mental health services and healthcare data workﬂows. MedStack recently raised a $2.4 million CAD oversubscribed seed round and is gearing up to participate in several major technology conferences in the coming months, including Collision May 20-23, 2019 in Toronto and True North June 19-20, 2019 in Waterloo.
The CATAAlliance Innovation and Leadership Awards are the most prestigious annual awards conferred on individuals and corporations by Canada’s advanced technology community. They are presented in recognition of exceptional contributions made to the creation of science and technology-based industrial strength in Canada.
Launched in 2015, MedStack is a cloud automation technology company that builds and manages healthcare privacy compliance into cloud hosting tools. This greatly de-risks application commercialization, and the standardized platform can help bring apps to market 60% faster. MedStack now provides enhanced app hosting and actively managed compliance policies in several countries to over 50 healthcare app vendors in various spaces. The company is proudly based in Toronto, Canada.