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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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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