Xage Security
CEO: Duncan Greatwood
Xage Security provides what it calls the world's first blockchain-protected security platform for industrial IoT deployments.
After raising a $12 million Series A funding round last year, the Palo Alto, Calif.-based startup added an extra investment of roughly $4 million from Saudi Aramco Energy Ventures and other investors in January, bringing its total funding for the round to more than $16 million.
The company's platform provides a decentralized security layer that enables autonomous network communication and the establishment of trust at scale. The company is working with NTT Communications, GE Renewables and GlobaLogix on deployments.
