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Case in point, Xage Security, a startup providing software to thwart network intrusions, today announced that it raised $20 million in a B2 funding round that brings the company's total raised to $80 million. Piva Capital, March Capital, SCF Partners, Overture Climate Fund, Valor Equity Partners, Chevron Technology Ventures and Science Applications International Corporation participated in Xage's B2. Geoffrey Mattson, who was appointed Xage's CEO in September, says the proceeds will be put toward R&D and expanding Xage's go-to-market operations -- with a focus on exp...
$20M in Additional Funding To Accelerate Go-To-Market and Product Investments...
Science Applications International Corp. and Xage Security's federal arm have partnered to deliver zero trust and cybersecurity services to the Department of Defense and federal agencies. Under the partnership, SAIC and Xage Security Gov will facilitate DOD's acquisition of zero trust, privileged access management and edge authentication platforms, Xage said Thursday.