Xona has announced raising $18 million in a strategic funding round led by Energy Impact Partners, increasing its total funding to $32 million. This investment will be used to enhance Xona’s product offerings, accelerate development, expand its team, and establish strategic OEM and technology partnerships. Xona’s platform aims to provide secure, zero-trust access to critical systems in operational technology (OT) environments, addressing the cybersecurity challenges faced by industries with remote operations.
Xona’s Critical System Gateway (CSG) product is designed to offer frictionless and compliant user access to OT assets while safeguarding them from cyber threats, including risks associated with a distributed workforce and third-party vendors. The Xona Central Management (XCM) system enhances this capability by providing centralized access and management of CSG appliances, streamlining security and operational oversight for critical infrastructure.
Bill Moore, founder and CEO of Xona, emphasized the company’s rapid expansion to support its partners in energy, oil and gas, manufacturing, and government sectors. The new funding and strategic support from Energy Impact Partners position Xona for significant growth, enabling the company to address the increasing cybersecurity demands of remote operations effectively. Moore highlighted that this support will drive Xona’s development and deployment of advanced security solutions.
With the backing of Energy Impact Partners, Xona is set to enhance its technology and expand its market reach. The company is committed to helping its partners navigate the complexities of cybersecurity in remote operational environments, ensuring robust protection against evolving threats. This funding will accelerate Xona’s mission to deliver cutting-edge zero-trust solutions for industrial operations worldwide.
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