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NanoLock Security secures US$11 million Series B round from financial and strategic investors

NanoLock Security secures US$11 million Series B round from financial and strategic investors

APAC

Accelerating its push to aggressively grow global deployments and its market presence worldwide, NanoLock Security, a leader in OT and IoT device-level protection and management, has expanded its executive team to add deep utilities and security expertise with several new appointments including David Stroud, who has joined NanoLock as GM of Europe and APAC. 

Stroud, who will be based in NanoLock’s UK office, is an industry-recognised leader with over 15 years of international experience, along with direct expertise in the energy and metering sector.

NanoLock has secured an US$11 million Series B round from new investors, OurCrowd, HIVE2040 (by Avnon Group) and Atlantica Group as well as current investors, AWZ Ventures, a private investment group that includes former Canadian Prime Minister, Stephen Harper. This investment round will aid NanoLock in accelerating its global developments of device-level cybersecurity solutions and further the company’s penetration into utilities, industrial and critical infrastructure markets.

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