# Xage Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xage-security

- Industry: IT Security/Cybersecurity
- Headquarters: Palo Alto, US
- Website: www.xage.com
- Total disclosed funding: $65M
- Latest round: Series B (Nov 1, 2023)
- Investors on record: 14

## About

Xage Security, Inc. delivers innovative Zero Trust cybersecurity solutions for IT and OT environments, ensuring secure access and collaboration across various industries including healthcare and manufacturing.Founded in 2017 and headquartered in California, US, Xage Security, Inc. provides Zero Trust solutions. The founders are Roman Arutyunov and Susanto Irwan, with Duncan Greatwood and Geoffrey Mattson serving as current leadership. The company has closed seven deals, with its latest funding being a Series B round, raising USD 15.44 mn from investors including Chevron Technology Ventures and March Capital Partners, leading to a total raised amount of USD 15.44 mn and a company valuation of USD 192.69 mn.Xage specializes in Zero Trust cybersecurity solutions that provide secure access and protection for IT, OT, and cloud environments. Their core offerings include the Xage Fabric Platform, which integrates secure remote access, privileged access management, critical asset protection, and Zero Trust data exchange. By enabling users to securely access and share data across various platforms and devices, Xage addresses the critical need for secure collaboration in industries such as oil and gas, manufacturing, healthcare, and federal government. Their solutions are designed to eliminate inefficiencies associated with traditional security tools, providing granular access control while maintaining high usability. Xage’s products are deployed globally, serving a diverse range of clients, including critical infrastructure operators and federal agencies, ensuring secure data interactions across multiple sectors.Xage generates revenue through subscription-based models and partnerships, offering their Zero Trust cybersecurity solutions to enterprise clients. The pricing structure typically includes tiered subscription plans for various service levels, allowing organizations to choose the features best suited to their needs. Clients benefit from scalable solutions that adapt to different operational requirements, enhancing both security and productivity. The firm’s flagship products, such as the Xage Fabric Platform and Zero Trust Data Exchange, are central to their revenue model, focusing on high-value sectors that require robust cybersecurity measures. These offerings facilitate ongoing relationships with clients, as they rely on Xage’s technology to secure critical systems and maintain compliance with regulatory standards.Xage Security, Inc. plans to utilize its recent funding from Petronas Ventures to expand its product offerings and enhance its market presence. Upcoming products are being designed to further strengthen their Zero Trust solutions, with specific release dates anticipated in the next fiscal year. In March 2026, Xage Security, Inc. raised USD 15 million in venture funding from new investors FirstLook Partners, HIVE Ventures, and SAIC Venture Capital, with participation from returning investors Aramco Ventures, Chevron Technology Ventures, City Light Capital, March Capital, Momenta Ventures, OurCrowd, Piva, and SCF Partners.

## Funding rounds

- Series B, Nov 1, 2023, $15M — SCF Partners, Valor Equity Partners, Chevron Technology Ventures, Science Applications International Corporation, March Capital, Piva, Overture
- Series B, Jul 14, 2022, $2M — Chevron Technology Ventures
- Series B, May 12, 2022, $6M — SCF Partners
- Series B, Dec 17, 2021, $25M — Valor Equity Partners, Saints Capital, City Light Capital, Aramco Ventures, March Capital, OurCrowd, Momenta Ventures, Piva
- Series A, Oct 19, 2018, $2.8M — Aramco Ventures
- Series A, Jun 18, 2018, $14M — City Light Capital, March Capital, NexStar Partners, GE Ventures

## Investors

- City Light Capital (https://capitalatlas.ai/funds/city-light-capital) — Series A, Series B
- March Capital (https://capitalatlas.ai/funds/march-capital) — Series A, Series B
- NexStar Partners (https://capitalatlas.ai/funds/nexstar-partners) — Series A
- GE Ventures — Series A
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series A, Series B
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series B
- Saints Capital (https://capitalatlas.ai/funds/saints-capital) — Series B
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series B
- Momenta Ventures (https://capitalatlas.ai/funds/momenta-ventures) — Series B
- Piva (https://capitalatlas.ai/funds/piva) — Series B
- SCF Partners (https://capitalatlas.ai/funds/scf-partners) — Series B
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B
- Science Applications International Corporation — Series B
- Overture (https://capitalatlas.ai/funds/overture) — Series B