WRAP Technologies Raises $12M to Expand WrapShield Defense Security Platform
WRAP Technologies raised $12 million to expand its WrapShield platform into defense, federal, enterprise, and international security markets. The funding will support working capital, technology development, strategic partnerships, talent acquisition, and commercialization of WrapShield for threat detection, decision support, and response. The company also plans to deepen its US federal defense presence through WRAP Federal targeting government contracts and related funding.