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Xage Raises $30M Series B To Expedite Zero Trust Security Adoption Among Real-World Operations

Jan 05, 2022over 3 years ago

Amount Raised

$30 Million

Round Type

series b

Palo Alto

Description

Xage, the zero trust security company, today announced a $30M Series B, accelerating its efforts to make zero trust the dominant security strategy for real-world operations. Rapid growth in cyberattacks and Gartner’s recent recognition of cybersecurity mesh as a top strategic technology trend two years in a row has caused a surge in demand for security solutions that provide granular, identity-based controls that overlay operational, IT and cloud systems. In the wake of this activity, Xage’s mesh-protected Fabric has caught the attention of investors fueling the next wave of cybersecurity innovation.

Company Information

Company

Xage

Location

Palo Alto, California, United States

About

Secure, manage & transform OT, IT and cloud operations. Deliver zero-trust local access, remote access, and data security.

FundzWatch™ Score

63
Medium Activity

Funding Insights

Based on industry data
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech