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§ Private Profile · Palo Alto, CA, USA
Xage Security is a technology company.
Xage Security provides a global zero trust platform securing operational technology and IT infrastructure. Its Xage Fabric delivers secure remote access, privileged access, and critical asset protection. This unified approach simplifies security, actively preventing cyberattacks by controlling authorized interactions with vital systems.
Founded in 2016 by Susanto Irwan and Roman Arutyunov, Xage Security addressed the need for robust cybersecurity in industrial environments. Co-founder Susanto Irwan (CTO) contributes deep engineering expertise. CEO Duncan Greatwood, former Apple executive and Topsy founder, brings leadership from significant technology innovation.
Xage’s platform protects critical sectors including energy, manufacturing, utilities, and federal government. The company aims to pioneer a secure future developing solutions that streamline asset access and prevent advanced cyberattacks. Xage envisions resilient foundational systems, ensuring critical infrastructure remains safe and dependable.
Xage Security has raised $129.0M across 5 funding rounds.
Xage Security has raised $129.0M in total across 5 funding rounds.
Xage Security has raised $129.0M across 5 funding rounds. Most recently, it raised $60.0M Series B in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2023 | $60M Series B | — | 8VC, A3 Ventures, Benchmark, March Capital, Momenta Ventures, National Grid Partners, NextGen Venture Partners, Piva Capital, Akshay Kothari, Dylan Field, Neha Narkhede, Chevron Technology Ventures, Overture, SCF Ventures, Lauren Knausenberger, Valor Equity Partners | Announced |
| May 12, 2022 | $6M Series B Plus | Shomik Dutta, Hossam Elbadawy | — | Announced |
| Jan 1, 2022 | $30M Series B | Piva Capital | March Capital, Momenta Ventures, Konstantin VON Unger, City Light Capital, Michael Dolbec, OurCrowd, Saints Capital, Saudi Aramco Energy Ventures, Valor Equity Partners | Announced |
| Dec 1, 2018 | $21M Series A | Saudi Aramco Energy Ventures | 8VC, Benchmark, FasterCapital, March Capital, Momenta Ventures, OVO Fund, Y Combinator, Akshay Kothari, Dylan Field, Neha Narkhede, TIM Seears | Announced |
| Jul 23, 2018 | $12M Series A | Sumant Mandal | City Light Capital, Abhishek Shukla, NexStar Partners | Announced |
Xage Security is a Palo Alto-based cybersecurity company founded in 2017 that builds the Xage Fabric Platform, a zero-trust access and protection solution for IT, OT, and cloud environments.[1][2][4] It serves enterprises in critical sectors like oil and gas, renewable energy, manufacturing, utilities, federal government, space, and transportation, solving the problem of securing distributed assets against advanced cyberattacks, ransomware, and insider threats without disrupting operations or requiring hardware replacements.[2][3][5][6] The platform enables granular, identity-based access control from anywhere—including remote edges, data centers, and even orbit—replacing complex legacy tools like VPNs, firewalls, and PAM systems with a deployable-in-a-day mesh architecture that enforces least privilege and prevents lateral movement.[1][3][5] Xage shows strong growth momentum, with customers including the U.S. Space Force, U.S. Navy, U.S. Air Force, PETRONAS, Kinder Morgan, and Global 2000 firms, plus partnerships with SAIC, Darktrace, Optiv, and others; it recently secured a $17M U.S. Space Force contract and is integrating AI for faster protection.[2][6]
Xage Security, originally named Sensify Security, was founded in 2017 in Palo Alto, California, by a team of cybersecurity experts focused on protecting critical infrastructure.[2][4] While specific founder names are not detailed in available sources, the company emerged amid rising threats to industrial OT-IT convergence, aiming to deliver resilient zero-trust solutions for high-stakes environments like energy and defense.[1][7] Early traction came from addressing urgent needs in zero-trust adoption, evolving from core remote access tools to a full Fabric platform; pivotal moments include U.S. military contracts, such as the $17M Space Force award, and partnerships accelerating commercial adoption in sectors like space and utilities.[2][3][6]
Xage rides the zero-trust security wave, mandated by DoD strategies and federal guidelines amid escalating OT-IT-cloud threats, ransomware surges, and AI-driven attacks on critical infrastructure.[1][5][6] Timing is ideal as industries like space, energy, and defense face distributed, edge-to-orbit operations under JADC2 initiatives, where legacy tools fail; market forces like regulatory pressures (e.g., CISA zero-trust pushes) and rising breaches favor Xage's agentless, resilient approach.[3][6] It influences the ecosystem by enabling secure multi-party access and data sharing for allies, hardening supply chains, and accelerating AI infrastructure protection, positioning it as a challenger against giants like Palo Alto Networks and Fortinet.[2]
Xage is primed for expansion with AI-embedded zero-trust innovations targeting AI infrastructure and orbital assets, building on military wins and partnerships to penetrate more Global 2000 and public-sector markets.[2] Trends like OT-IT convergence, space commercialization, and federal zero-trust mandates will propel growth, potentially evolving Xage into a dominant player in resilient cybersecurity for mission-critical ops. As a pioneer securing tomorrow's edges—even in orbit—Xage exemplifies how zero-trust fabrics deliver control without compromise, fueling a more secure global enterprise landscape.[1][3]
Xage Security has raised $129.0M in total across 5 funding rounds.
Xage Security's investors include 8VC, A3 Ventures, Benchmark, March Capital, Momenta Ventures, National Grid Partners, NextGen Venture Partners, Piva Capital, Akshay Kothari, Dylan Field, Neha Narkhede, Chevron Technology Ventures.