Xage Security
Cybersecurity company that protects Critical Infrastructure Operations (OT, IT, and the cloud).
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 Valuation: €0.0 | round | |
* | $20.0m Valuation: $150m | Series B | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 166 % | 24 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Xage Security is a cutting-edge cybersecurity startup that specializes in protecting industrial operations through advanced automation and secure data management. The company operates in the industrial cybersecurity market, serving clients across various sectors such as oil and gas, manufacturing, and utilities. Xage's primary focus is on securing legacy systems, intelligent devices, and IoT (Internet of Things) systems, ensuring they work together safely and efficiently.
Xage's core product is the Xage Fabric, a blockchain-backed security system that provides decentralized and adaptive security. This system uses identity fingerprints and distributed enforcement to create a tamper-proof security environment with no single point of failure. This means that even if one part of the system is compromised, the rest remains secure. The Xage Fabric enables secure data-driven decision-making from the edge (devices in the field) to the cloud (centralized data storage and processing).
The company also offers Multi-Factor Authentication (MFA) and Zero Trust Access Management, ensuring that only authorized personnel can access critical systems. This is particularly important for industries that are increasingly embracing remote access and automated operations.
Xage's business model revolves around selling its security solutions to industrial enterprises. The company makes money by offering its Xage Fabric as a subscription service, providing continuous updates and support to ensure ongoing protection. Additionally, Xage provides consulting services to help clients integrate their security solutions into existing operations.
In summary, Xage Security is a leader in industrial cybersecurity, offering innovative solutions that protect critical infrastructure from cyber threats. Their blockchain-backed security fabric, combined with advanced authentication and access management, ensures that industrial operations remain secure, efficient, and productive.
Keywords: Industrial Cybersecurity, Blockchain, IoT Security, Legacy Systems, Automation, Data Security, Zero Trust, Multi-Factor Authentication, Remote Access, Decentralized Security.