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Energy-focused cyber firm Xage raises $30 million

Energy-focused cyber firm Xage raises $30 million

Ben Geman of Axios reports that Xage, an energy-focused cyber firm has raised $30 million.

>>>READ: The Colonial Pipeline is a warning. Are we listening?<<<

The C3 Take
  • Xage is a cyber security firm that is using innovative technology to protect America’s power plants and pipelines.
  • As we saw last May in the ransomware attack on the Colonial Pipeline, protecting America’s energy infrastructure is crucial to protecting our energy security and consumers.
  • Xage currently has 45 employees and uses its services to protect U.S. Space Force, Air Force, and others.

“Xage’s products employ a zero-trust architecture, which prevents a user from roaming freely throughout a network by constantly rechecking their credentials.”

Read the full article here.

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