Tech Company Financing Transactions

Xage Security Funding Round

March Capital Partners, City Light Capital and GE Ventures participated in a $12 million Series A funding round for Xage Security. The financing round was announced by the company on 7/24/2018.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

March Capital Partners (Lead Investor) (Sumant Mandal)

City Light Capital

GE Ventures (Abhishek Shukla)

NexStar Partners

Proceeds Purpose
The company will use this funding to further develop its security fabric for edge IIoT networks and essential national infrastructure, bolster its technology team, and strengthen its implementation capabilities for industries including energy, telecom, utilities, building management, and manufacturing.

Company Information

Company Status
Private & Independent
Mailing Address
445 Sherman Ave. 200
Palo Alto, CA 94306
Email Address
We are Security and IoT experts who created security products and industrial automation solutions used by global 1,000 companies. Using our experience enabling high growth markets, we deliver the only truly decentralized platform for protecting the Industrial Internet of Things.
Xage Security LinkedIn Company Profile
Social Media
Xage Security Company Twitter Account
Company News
Xage Security News
Xage Security on Facebook
Xage Security on YouTube

Management Team

Email & Social
Chief Executive Officer
Duncan Greatwood
  Duncan Greatwood LinkedIn Profile  Duncan Greatwood Twitter Account  Duncan Greatwood News  Duncan Greatwood on Facebook
VP - Bus. Development
Norman Thorlakson
  Norman Thorlakson LinkedIn Profile  Norman Thorlakson Twitter Account  Norman Thorlakson News  Norman Thorlakson on Facebook
VP - Engineering
Susanto Irwan
  Susanto Irwan LinkedIn Profile  Susanto Irwan Twitter Account  Susanto Irwan News  Susanto Irwan on Facebook
VP - Product Management
Roman Arutyunov
  Roman Arutyunov LinkedIn Profile  Roman Arutyunov Twitter Account  Roman Arutyunov News  Roman Arutyunov on Facebook



Browse more venture capital transactions:

Prev: 7/24/2018: Evolv Technology venture capital transaction
Next: 7/24/2018: Volta Charging venture capital transaction


Share this article


News on VC Transactions

We do our best to document funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary