Fundz

Xage Picks Up $6M Series B Extension

PRIVATEMay 13, 2022

Amount Raised

$6 Million

Round Type

Series B

Palo AltoOtherFinancial Services

Description

Xage, a zero trust security company, has secured $6 million as an extension to its $30 million Series B round.

Who to call at Xage Security, Inc., and when

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Company Information

Company

Xage Security, Inc.

Location

445 SHERMAN AVENUE

Palo Alto, California, United States

About

A source familiar with the matter tells TechCrunch that the pre-money valuation is roughly 60% higher than Xage’s pre-money as of January 2022, when the company initially closed its

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Related People

3 contacts
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Xage Security, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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