Industrial Cybersecurity Firm XONA Raises $18M for Zero-Trust User Access Enhancement

Jun 11, 2024 10 mins read

Industrial zero-trust cybersecurity startup XONA Systems Inc. has raised $18 million in new funding to enhance its operational technology (OT) enterprise zero-trust user access platform, addressing evolving regulatory requirements and increasing cyberattacks.


Industrial zero-agree with cybersecurity startup XONA Systems Inc. Has announced the successful elevating of $18 million in new investment. The investment objectives to decorate XONA’s operational era (OT) company 0-agree with user get entry to platform to meet evolving regulatory requirements and counter the rise in cyberattacks.

Founded in 2017, XONA Systems offers a zero-believe consumer access platform specially designed for commercial operations. The platform is targeted on permitting seamless consumer get admission to to OT and other critical industry environments. It supplies protocol isolation and a 0-trust architecture, successfully removing commonplace attack vectors and improving protection.

XONA’s platform is generation-agnostic and may be configured in mins. It ensures user get entry to this is tailored for OT, offering legal users with seamless and stable control over operational generation from any area or tool. Key safety capabilities consist of integrated multifactor authentication, consumer-to-asset get admission to controls, consumer session analytics, and automatic video recording. The stable portal bridges the cyber and bodily worlds, allowing important operations to be carried out from everywhere with overall self belief and accept as true with.

The platform offers numerous advanced safety capabilities: Control access to vital assets and programs from any area, making sure only authorized personnel can get right of entry to sensitive statistics. Comprehensive audit trails via stringent access controls and logging of all get right of entry to attempts. Secure document transfers via mediated unidirectional methods to defend touchy records. Virtual computer infrastructure get entry to, permitting secure connections to vital systems from anywhere.

Hardware token-primarily based multifactor authentication for superior protection. Industry-preferred IPSec and SSL encryption protocols for secure communique. XONA’s system continuously monitors stay consumer connections, detecting and mitigating potential protection threats in real-time. Additionally, the platform records all consumer classes, imparting an in depth history of interactions with important belongings.

The $18 million strategic funding spherical was led by means of Energy Impact Partners LLC. Bill Moore, founder and CEO of XONA, said, “We’re speedy expanding our group to aid our power, oil and gas, manufacturing, and government companions as they respond to the cybersecurity challenges related to remote operations capability. With new funding and strategic assist from EIP, we're positioned for hypergrowth over the next few years.”

With the inclusion of this ultra-modern funding spherical, XONA has raised a total of $27.Four million up to now, in keeping with records from Tracxn. Previous investors encompass DataTribe Inc. And Task Force X Capital LLC.

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