Xona Closes $18M Strategic Funding Round

Xona

Xona, an Annapolis, MD-based developer of a zero-trust user access platform for industrial operations, raised $18M in strategic funding.

The round was led by Energy Impact Partners (EIP).

The company intends to use the funds to enhance its OT enterprise zero-trust user access platform.

Led by CEO and Founder Bill Moore, Xona provides a zero-trust user access platform for Industrial Operations. It allows organization’s workforce of employees, contractors, consultants, vendors and part-time workers to get secure adaptive access to the most critical systems and applications while also reducing operational and cyber risks and increasing operational efficiency.

Technology agnostic and configured in minutes, XONA’s proprietary protocol isolation and zero-trust architecture immediately eliminates common attack vectors, while giving authorized users seamless and secure control of operational technology from any location or device.

The solution also enables secure adaptive access to systems and applications while also reducing operational and cyber risks and increasing operational efficiency.

FinSMEs

11/06/2024