US: Xage Security Raises $12 Million To Expand Security For Industrial IoT Worldwide

Globe Newswire

Today Xage Security announced a $12 million Series A funding round led by March Capital Partners, with participation from GE Ventures, City Light Capital, and NexStar Partners. The first and only blockchain-protected security fabric for the Industrial Internet of Things (IIoT), Xage creates a decentralized security layer to facilitate autonomous communication and establish trust at scale.

image via Shutterstock

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