The financing series, which has received a total of $80 million, will be used to advance Xage’s research and development initiatives and expand its go-to-market operations, the company said Thursday.
SAIC was a first-time participant in the fund-raising round, joining existing Xage investors Chevron Technology Ventures, Piva Capital, March Capital, SCF Partners, Overture Climate Fund and Valor Equity Partners. Its contribution was announced on the same day that SAIC and Xage unveiled a strategic partnership to provide cybersecurity services to federal agencies, including the Department of Defense.
“Xage and SAIC help accelerate the adoption of Zero Trust principles throughout the federal government, using Xage’s technology to protect digitally transforming enterprises from cyber-attacks,” said Lauren Knausenberger, chief innovation officer at SAIC and a recent Wash100 awardee.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
