About Xage Security
Xage Security is a company based in Palo Alto (United States) founded in 2016 by Roman Arutyunov and Susanto Irwan.. Xage Security has raised $72 million across 5 funding rounds from investors including OurCrowd, Chevron and SAIC. The company has 44 employees as of December 31, 2022. Xage Security offers products and services including OT Secure Remote Access, Zero Trust Access for Cloud, Privileged Access Management, and Xage Fabric Platform. Xage Security operates in a competitive market with competitors including Forescout, Dragos, Claroty, Nozomi Networks and Eclypsium, among others.
- Headquarter Palo Alto, United States
- Employees 44 as on 31 Dec, 2022
- Founders Roman Arutyunov, Susanto Irwan
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 01, 2023
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Investors
OurCrowd
& 13 more
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Employee Count
44
as on Dec 31, 2022
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Products & Services of Xage Security
Xage Security offers a comprehensive portfolio of products and services, including OT Secure Remote Access, Zero Trust Access for Cloud, Privileged Access Management, and Xage Fabric Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables secure remote access for operational technology systems.
Provides zero trust policies for cloud environments.
Manages and secures privileged user access.
Offers lightweight zero trust deployment for various assets.
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Funding Insights of Xage Security
Xage Security has successfully raised a total of $72M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $20.0M
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First Round
First Round
(23 Jul 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series B - Xage Security | Valuation | Chevron , SAIC | |
| May, 2022 | Amount | Series B - Xage Security | Valuation | SCF Partners , Overture |
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| Jan, 2022 | Amount | Series B - Xage Security | Valuation | Piva Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xage Security
Xage Security has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include OurCrowd, Chevron and SAIC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Piva Capital is focused on investing in industrial technologies.
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Founded Year | Domain | Location | |
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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xage Security
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Xage Security
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xage Security Comparisons
Competitors of Xage Security
Xage Security operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Forescout, Dragos, Claroty, Nozomi Networks and Eclypsium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cyber security solutions for asset visibility and threat management
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| domain | founded_year | HQ Location |
Threat detection is offered for industrial cybersecurity ecosystems.
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| domain | founded_year | HQ Location |
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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| domain | founded_year | HQ Location |
Cloud based network monitoring and threat detection solutions for ICS
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| domain | founded_year | HQ Location |
Endpoint security is provided against firmware and hardware attacks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xage Security
Frequently Asked Questions about Xage Security
When was Xage Security founded?
Xage Security was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Xage Security located?
Xage Security is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Xage Security?
Duncan Greatwood is the current CEO of Xage Security.
Is Xage Security a funded company?
Xage Security is a funded company, having raised a total of $72M across 5 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Jul 23, 2018.
How many employees does Xage Security have?
As of Dec 31, 2022, the latest employee count at Xage Security is 44.
What does Xage Security do?
Xage Security was founded in 2016 and is headquartered in Palo Alto, United States. A blockchain-based platform is offered for securing IoT applications in industrial sectors. The software is deployed across nodes that integrate endpoints and gateway computers, creating a self-healing fabric. Security information is stored tamper-proof and confidentially within this fabric. Autonomous operations, credential rotation, access control, and zero-touch deployment are enabled to support industry protection needs.
Who are the top competitors of Xage Security?
Xage Security's top competitors include Forescout, Dragos and Nozomi Networks.
What products or services does Xage Security offer?
Xage Security offers OT Secure Remote Access, Zero Trust Access for Cloud, Privileged Access Management, and Xage Fabric Platform.
Who are Xage Security's investors?
Xage Security has 14 investors. Key investors include OurCrowd, Chevron, SAIC, General Electric, and Piva Capital.
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