Xage Security

Xage Security

Blockchain-backed security for industrial OT systems

About Xage Security

Simplify's Rating
Why Xage Security is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series B

Total Funding

$72M

Headquarters

Palo Alto, California

Founded

2017

Overview

Xage Security provides cybersecurity solutions for industrial environments, protecting critical operations across sectors like oil and gas, manufacturing, and utilities. Its main product, the Xage Fabric, is a blockchain-backed security fabric that uses identity fingerprints and distributed enforcement to secure industrial devices, OT networks, and IoT across edge-to-cloud with no single point of failure. It also offers Multi-Factor Authentication and Zero Trust Access Management to ensure only authorized personnel can access critical systems. The goal is to protect industrial infrastructure by delivering interoperable, scalable security for distributed OT/IT environments, sold as a subscription with ongoing updates and consulting services.

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Simplify's Take

What believers are saying

  • LTIMindtree partnership accelerates adoption in energy, utilities, chemicals sectors.
  • Susanto Irwan as President and CTO drives AI infrastructure protection innovations.
  • Remote CAC authentication secures high-value DOD contracts with long-term revenue.

What critics are saying

  • Claroty erodes market share with superior OT asset visibility in 12-24 months.
  • Dragos causes 20-30% deployment delays, driving oil & gas churn in 6-12 months.
  • Nozomi's AI detection outperforms Xena, capturing DoD contracts in 12-18 months.

What makes Xage Security unique

  • Xage Fabric uses blockchain for decentralized, tamper-proof zero trust security.
  • One-day deployment replaces complex network rules with identity-based policies.
  • Protects legacy systems, IoT, and AI infrastructure without single failure points.

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Funding

Total Funding

$72M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Competitive salary & equity

Health, dental, & vision insurance

Visa transfers and immigration

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Xage Security
Mar 24th, 2026
Xage Security wins 2026 Artificial Intelligence Excellence award.

Xage Security wins 2026 Artificial Intelligence Excellence award. Xage Security has been named a winner in the 2026 Artificial Intelligence Excellence Awards, receiving recognition in the cybersecurity category for Xage Security Zero Trust for AI. Presented by the Business Intelligence Group, the awards honor organizations using artificial intelligence to solve real-world problems and deliver measurable impact. This year's winners span 36 industries and more than 15 countries, reflecting how AI has moved beyond experimentation and into core enterprise infrastructure. Xage Security was recognized for its work applying Zero Trust principles to AI systems. As organizations deploy AI across cloud, edge, and operational environments, traditional security models struggle to keep up with the scale and autonomy of these systems. Zero Trust for AI focuses on verifying every interaction between users, devices, services, and AI workloads, ensuring that AI systems operate within clear identity and access controls. The 2026 awards also highlighted broader trends shaping the AI landscape. According to the Business Intelligence Group, agentic AI - systems that can take action and execute tasks with minimal human intervention - emerged as the most recognized category this year. At the same time, cybersecurity and fraud prevention categories received significant attention, underscoring the growing importance of trust and accountability in enterprise AI deployments. The Artificial Intelligence Excellence Awards, established in 2013, recognize organizations, products, teams, and individuals advancing AI across 46 application areas and 36 industries. Winners are selected by a panel of experienced business executives based on innovation, real-world impact, and measurable results. Upcoming webinar: Securing AI Agents and Copilots. As organizations deploy AI agents and copilots across business and operational systems, identity and access governance are becoming critical to maintaining trust and control. Xage Security will be joining the Business Intelligence Group for an upcoming webinar, "Securing AI Agents and Copilots: The New Identity Layer (and How to Govern It)" on April 7. The session will explore how organizations can manage identity, enforce policy, and secure autonomous AI systems as they move into production environments.

GlobeNewswire
Dec 9th, 2025
Xage Security and LTIMindtree Form Strategic Partnership to Deliver Zero Trust Cybersecurity for Critical Infrastructure

Xage Security and LTIMindtree form strategic partnership to deliver Zero Trust cybersecurity for critical infrastructure. December 09, 2025 09:00 ET | Source: Xage Security PALO ALTO, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) - Xage Security, a global leader in Zero Trust access and protection, and LTIMindtree [NSE: LTIM, BSE: 540005], a leading technology consulting and digital solutions company, have announced a strategic partnership to strengthen cybersecurity for critical infrastructure industries worldwide. The collaboration brings identity-based Zero Trust security across IT, OT, and cloud environments, helping organizations adopt the "never trust, always verify" principle through secure architectures and rigorous user verification. Powered by the Xage Fabric Platform, clients gain secure remote and privileged access, segmentation, and AI-driven protection in a single scalable system. Xage simplifies management by replacing complex network rules with identity-based policies, improving security and adaptability for dynamic devices. LTIMindtree adds global expertise and AI capabilities to support Zero Trust adoption across sectors such as chemicals, energy, utilities, transportation, and other critical infrastructure. "At LTIMindtree, we are committed to helping clients protect their most critical assets while driving digital transformation. Partnering with Xage enables us to deliver a robust, scalable Zero Trust solution that strengthens security across IT and OT environments, ensuring resilience and operational continuity," said Chandan Pani, Chief Information Security Officer, LTIMindtree. "This partnership marks an important milestone in expanding Zero Trust protection across critical infrastructure industries," said Russell McGuire, Chief Revenue Officer, Xage. "By combining Xage's industry-leading Zero Trust platform with LTIMindtree's global reach and implementation expertise, we can accelerate the adoption of stronger, identity-based security for organizations worldwide." As IT and OT converge, outdated systems and weak network designs increase cyber risks. Common vulnerabilities include poor security and insecure remote access. LTIMindtree leverages its expertise to implement Xage Fabric, enforcing identity-based access across both new and legacy systems for rapid deployment and continuous protection, enhancing security and simplifying access control. About Xage Security Xage Security is a global leader in Zero Trust access and protection on a mission to pioneer a secure tomorrow. Control access and prevent attacks in the cloud, in the data center, at the remote operational edge anywhere on Earth, and even in orbit with the Xage Fabric Platform. Xage is easy to manage and can be deployed in a day, giving users easy and secure access to the assets they need from anywhere while preventing advanced adversaries and insider threats at every stage of the attack chain. Visit xage.com to learn more.

GlobeNewswire
Apr 9th, 2025
Xage Security Appoints Susanto Irwan As President And Chief Technology Officer

PALO ALTO, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Xage Security, a global leader in zero trust access and protection, today announced the promotion of cofounder Susanto Irwan to the role of President and Chief Technology Officer (CTO). In this expanded role, Irwan will continue leading Xage’s technology vision while scaling the company’s efforts across product and RD investments. Irwan has led Xage’s technical strategy since its founding in 2017, playing a pivotal role in developing the company’s product portfolio. As President and CTO, he will deepen his engagement with customers and partners while continuing to spearhead platform innovation. At the heart of Xage’s next wave of growth and innovation is the protection of AI infrastructure and the integration of AI as a foundational capability. Breakthroughs in AI are enabling Xage to deliver a faster path to protection and productivity—without disrupting existing operations

Industrial Cyber
Mar 12th, 2025
Xage Security launches remote CAC authentication, transforming zero trust access for DOD personnel

Xage Security launches remote CAC authentication, transforming zero trust access for DOD personnel.

Xage Security
Mar 4th, 2025
Xage Security Recognized as a Forbes America's Best Startup Employer for the Second Year in a Row

Xage Security recognized as a Forbes America's Best Startup employer for the second year in a row.

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