Xage Security raises $6m top-up to its Series B

Xage Security, a zero-trust company, has raised a $6m top-up to the $30m it previously raised in its Series B in January 2022.

The new funding comes from SCF Partners and Overture Venture Capital, the latter of which specialises in startups in government, climate and energy.

Following this recent top-up to the Series B, the company has now raised a total of $60m since inception. The company previously raised $16m in its Series A funding round in 2018.

Founded in 2016, Xage offers zero trust identity, data security and local or remote access for physical and digital operations spanning OT, IT and cloud. The company markets Xage Fabric, which it claims is designed to bring zero trust to complex environments such as those that exist in a range of critical industries.

Copyright © 2022 FinTech Global

The new funding comes from SCF Partners and Overture Venture Capital, the latter of which specialises in startups in government, climate and energy.

Following this recent top-up to the Series B, the company has now raised a total of $60m since inception. The company previously raised $16m in its Series A funding round in 2018.

Founded in 2016, Xage offers zero trust identity, data security and local or remote access for physical and digital operations spanning OT, IT and cloud. The company markets Xage Fabric, which it claims is designed to bring zero trust to complex environments such as those that exist in a range of critical industries.

Copyright © 2022 RegTech Analyst

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