Xage Security, a cybersecurity company specializing in real-world zero trust solutions, has secured $20 million in additional funding, totaling $80 million in investment to date. The funding round saw participation from existing investors, including Piva Capital, March Capital, SCF Partners, Overture Climate Fund, Valor Equity Partners, and Chevron Technology Ventures, along with new investor Science Applications International Corporation (SAIC).
Xage Security also announced a strategic collaboration with SAIC to accelerate the adoption of zero trust security solutions in critical infrastructure and distributed operations. This partnership aims to provide zero trust security for Operational Technology (OT), Information Technology (IT), and cloud environments.
Xage Security's cybersecurity mesh is designed to bring zero trust access management and data security to complex environments without the need for infrastructure overhauls. The new capital will be used to further research and development and expand Xage's go-to-market operations, enabling organizations in critical infrastructure sectors to secure and manage their operations effectively.
The funding follows a recent $17 million contract awarded to Xage Security by the United States Space Force (USSF) Space Systems Command, highlighting the growing adoption of zero trust architectures in the federal sector. Under the contract, Xage will provide zero trust access control and data protection for ground and space architectures.