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 expanding its presence in the Asia Pacific region.
Investors Funnel Capital into Xage as Demand for Zero Trust Cybersecurity Mesh Skyrockets tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Proofpoint Signs Definitive Agreement to Acquire Tessian tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.