Nok Nok Labs Obtains $16,500,000 Series B Financing Round

  • Feed Type
  • Date
    2/27/2014
  • Company Name
    Nok Nok Labs
  • Mailing Address
    4151 Middlefield Road Palo Alto, CA 94303
  • Company Description
    Nok Nok Labs is backed by veterans of the security industry from PGP, Netscape, PayPal & Phoenix and have deep experience in building Internet scale security protocols and products. Based in Palo Alto, CA, the company was founded in November 2011 to unify the silos that plague current authentication technologies.
  • Website
    http://www.noknok.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With this latest round of funding, Nok Nok Labs will accelerate the development and reach of the recently announced NNL S3 authentication suite. The company will also expand its sales, business development and marketing efforts, and continue to drive partnerships through the device ecosystems following the recently announced Trustonic and Synaptics partnerships.
  • M&A Terms
  • Venture Investor
    Lenovo
  • Venture Investor
    DCM
  • Venture Investor
    ONSET Ventures