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The 10 Hottest Industrial IoT Startups Of 2019

From Altizon to Xage Security, CRN looks at the 10 hottest startups of 2019 that are bringing new offerings to the world of industrial IoT.

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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.

 
 
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