The funding, which brings the total raised by the firm to $21 million, came from OurCrowd, HIVE2040 (by Avnon Group), Atlantica Group, and AWZ Ventures. The money will be used by the company to expand and improve its solutions. NanoLock Security has also announced expanding its executive team and the acquisition of two new patents….

The funding round was led by Sapphire Ventures, with participation from previous investor Bain Capital Ventures. The company plans to use the new funds to scale up its engineering, product development, and go-to-market capabilities. It will also invest in growing its self-service capacity for small and midsize companies. Founded in 2018, the North Carolina-based firm…