NanoLock Security provides zero-trust cybersecurity services for IoT, operational technology (OT) devices, and connected devices such as smart meters, routers, security cameras, smart lighting, data concentrators, gateways, industrial machines, etc. against a wide range of attacks against utilities, manufacturing, telcos, and smart cities. NanoLock claims that its solutions have minimal impact on device performance, minimal energy requirements, and support both new and legacy devices. The company provides protection against denial-of-service (DoS) attacks along with, secured and managed firmware updates, alerts at a device level, and real-time monitoring and forensic data for greater threat intelligence.
In February 2019, the company announced partnerships with Micron and Cypress Semiconductor, to integrate its security system in the memory components of autonomous and connected vehicle electronics units, smart factories, and Industry 4.0 applications. In October 2020, NanoLock Security partnered with Genus Power Infrastructures, to develop a managed security service to secure smart metering infrastructure. In March 2021, the company partnered with Nozomi Networks, a provider of OT and IoT security services, to develop end-to-end cybersecurity solutions to protect OT devices in critical and industrial infrastructure.
NanoLock Security raised USD 11 million in a Series B funding round in July 2021 to expand into utilities, industrial, and critical infrastructure industries in the US, Japan, Italy, Spain, Switzerland, Netherlands, India, Singapore, and Israel as well as for the development of device-level cybersecurity solutions.
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