Nok Nok Labs raises $8M in latest funding round led by Motorola Solutions

July 11, 2017 - 

Nok Nok Labs (NNL) has raised $8 million in a Series D financing, led by Motorola Solutions Venture Capital.

The company’s existing investors also participated, including DDS, Inc., ONSET Ventures, DCM Ventures, Lenovo Group, Korea Information Certificate Authority (KICA), and DOCOMO Innovations.

NNL said it will use the funding round to accelerate the deployment of its strong authentication solution across the private and public sectors including government, public safety and first responder agencies.

Additionally, NNL will expand its channel infrastructure to support the increasing demand for its solutions by channel partners, as well as accelerate innovation in its strong authentication solution.

“Motorola Solutions understands public safety users need technology that is both intuitive to use and highly secure,” said Paul Steinberg, chief technology officer at Motorola Solutions. “As we continue to create innovative software, devices and networks, we will leverage Nok Nok Labs’ industry-leading technology to provide strong, secure authentication to users who need modern authentication capability.”

In an effort to expand public safety broadband in countries on a global basis, Motorola Solutions will take advantage of Nok Nok Labs’ expertise and technologies to offer secure, strong and standards-based authentication to public safety customers.

“This funding is strong validation of our commitment to provide modern authentication solutions to a variety of environments and verticals as we continue to execute on the FIDO vision of simpler, stronger authentication,” said Phillip Dunkelberger, CEO of Nok Nok Labs. “Motorola Solutions’ support will help us maximize the impact of our company’s solutions by protecting citizens, first responders and more. It is an exciting and critical new vertical to break into.”

“Having Motorola Solutions as a strategic investor and partner will accelerate the use of FIDO enabled technologies in market verticals that have the most need for upgrading critical authentication infrastructure,” said Ramesh Kesanupalli, NNL’s founder and FIDO visionary. “Motorola Solutions will help drive adoption and shape FIDO specifications for these key markets.”

Previously reported, Fujitsu recently partnered with Nok Nok Labs in which the Japanese systems integrator will act as a global value-added reseller (VAR) of the NNL S3 Authentication Suite to deliver end-to-end FIDO authentication to the Japanese market and worldwide to its global customer base.

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About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.