NanoLock’s approach creates a secure channel between the cloud, where IoT data is continuously growing in size and scale, and the flash in the device, making it possible to send trusted and secure updates between the two, regardless of the status of the network, the status of the processor, or the version installed in the flash. This helps prevent and combat against detrimental attacks to the CPU, such as notorious botnet attacks like known automotive attacks VPNFilter and Mirai. With this solution, NanoLock is both reducing operational costs—such as technician updates—and unexpected downtime, while offering advanced monitoring of devices.
The $9M investment received to date includes a $4.5M venture round from Awz HLS Investment Fund, a pioneering homeland security technology venture capital fund in Israel.
NanoLock is currently raising Series B to grow its team, scale its market presence in the US, Europe and Asia and expand its business and growing list of customers.
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