NanoLock Security was honored as Top 10 Baby Black Unicorn by the Cyber Defense Awards, recognizing the Israeli cybersecurity startup as a company with the future potential to reach $1B in value
Nitzanei Oz, Israel – August 2, 2021 – NanoLock Security, an Israeli cybersecurity startup that has developed zero-trust, device-level protection to tackle cyber threats in the critical and industrial infrastructure, was today named by a panel of the world’s leading cybersecurity executives as a Baby Black Unicorn as part of the 9th annual Cyber Defense Awards in recognition of the company’s future potential to reach a $1B valuation within 3-5 years. The Cyber Defense Awards are put on by Cyber Defense Magazine, a leading cybersecurity publication with a broad international audience, and NanoLock Security competed against many of the industry’s leading providers of cybersecurity products and services for this prestigious recognition.
The Baby Black Unicorn award follows the company’s latest announcement of a $11M, Series B investment from new investors OurCrowd, HIVE2040 (by Avnon Group), and Atlantica Group as well as current investor AWZ Ventures, a private investment group that includes former Canadian Prime Minister Stephen Harper. In total, the company secured $16 million to help accelerate global penetration into utilities, industrial, and critical infrastructure markets.
NanoLock Security has developed a zero-trust, device-level protection and management solution that protects the operational integrity of connected devices and industrial machines. NanoLock’s protection blocks all modification requests to critical code and data unless authorized by a secure external server. NanoLock blocks outsiders, insiders, and supply chain cyberthreats including, ransomware, fraud and theft, Distributed Denial of Service (DDoS), and more. NanoLock’s solution is ideal for battery-powered and wired devices as well as devices with limited computational resources, such as smart meters that other technologies struggle to protect. NanoLock is working with major utilities and industrial companies in Japan, Italy, Switzerland, Netherlands, India, and the US with partners, including OPTAGE, Atlantica, Genus Power, KPN, and more.
NanoLock is headquartered in Israel with offices in the US, Europe and Japan. The company’s team of cyber security experts has rich background in protecting critical infrastructure.
“We are thrilled to be a winner of the prestigious Top 10 Black Baby Unicorn award by the Cyber Defense Magazine that has recognized the company’s potential, while competing against leading cyber security companies”, Said Eran Fine, CEO and co-founder NanoLock Security. ”We continue to expand and penetrate the international market by partnering with large ecosystem partners worldwide, on our way to becoming a leading OT and IoT device-level cyber security company.”
About Cyber Defense Awards
This is Cyber Defense Magazine’s 9th year of honoring cybersecurity innovators, in this case the Black Unicorn Awards for 2021 on our Cyber Defense Awards platform. In this competition, judges for these prestigious awards includes cybersecurity industry veterans, trailblazers and market makers Gary Miliefsky of CDMG, Dr. Peter Stephenson of CDMG, Robert R. Ackerman Jr. of Allegis Cyber and David DeWalt of NightDragon with much appreciation to emeritus judge Robert Herjavec of Herjavec Group. To see the complete list of finalists for the Black Unicorn Awards for 2021 please visit https://cyberdefenseawards.com/black-unicorn-awards-for-2021-the-winners/
About Cyber Defense Magazine
Cyber Defense Magazine was founded in 2012 by Gary S. Miliefsky, globally recognized cyber security thought leader, inventor and entrepreneur and continues to be the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited print editions exclusively for the RSA, BlackHat and IPEXPO conferences and our limited edition paid reprint subscribers. Learn more about us at http://www.cyberdefensemagazine.com. Cyber Defense Magazine is a proud member of the Cyber Defense Media Group (CDMG).
About NanoLock Security
NanoLock zero-trust, device-level protection and management secure IoT, OT and connected devices against persistent cyberattacks by outsiders, insiders and supply chain adversaries, including billions of devices that other technologies cannot protect. The lifetime protection and management solution takes zero-trust to the device-level with an ironclad protection, secured and managed firmware updates, reliable status and alerts and unique forensic data.
NanoLock fuels the connected device revolution with an enduring zero-trust protection that is mandatory to critical infrastructures, such as industrial companies and utilities that are looking to ensure the integrity of their devices, maintain business continuity and protect revenues. NanoLock secures connected devices like smart meters, industrial machines, EV charging stations, and many more, against a wide range of cyber events. NanoLock is working with major utilities, industrial companies and large ecosystem partners in Japan, Italy, Spain, Switzerland, Netherlands, India, Singapore, US and Israel
For more information visit https://www.nanolocksecurity.com/