Industrial cybersecurity firm XONA raises $18M for zero-trust user access enhancement

 

Industrial zero-trust cybersecurity startup, XONA Systems Inc., has secured $18 million in new funding to bolster its operational technology enterprise zero-trust user access platform. This initiative aims to meet evolving regulatory requirements and combat the rising tide of cyberattacks.

Established in 2017, XONA specializes in providing a zero-trust user access platform tailored for industrial operations. The company’s platform prioritizes seamless user access for Operational Technology (OT) and other critical industry environments. It achieves this by implementing protocol isolation and a zero-trust architecture, effectively eliminating common attack vectors.

XONA’s service is designed to offer purpose-built OT access that is technology-agnostic and can be easily configured within minutes. Its protocol isolation and zero-trust architecture swiftly neutralize common attack vectors, allowing authorized users to securely control operational technology from any location or device.

The platform integrates multifactor authentication, user-to-asset access controls, user session analytics, and automatic video recording. Through its secure portal, XONA bridges the cyber and physical worlds, facilitating critical operations from any location with confidence and trust.

Key security features include controlled access to critical assets and applications from any location, stringent access controls to ensure only authorized personnel can access sensitive information, and comprehensive audit trails logging all access attempts. The system supports secure file transfers using mediated unidirectional methods to safeguard sensitive data and provides virtual desktop infrastructure access for securely connecting to critical systems remotely.

XONA employs hardware token-based multifactor authentication to enhance user authentication and utilizes industry-standard IPSec and SSL encryption protocols to secure user connections and data during transit.

The system continuously monitors live user connections, promptly detecting and mitigating potential security threats in real-time. Additionally, the platform records all user sessions, offering a detailed history of interactions with critical assets.

The strategic funding round was led by Energy Impact Partners LLC. Bill Moore, founder and chief executive of XONA, expressed enthusiasm about the expansion of their team to support energy, oil and gas, manufacturing, and government partners in addressing cybersecurity challenges associated with remote operations capacity.

Including this latest funding, XONA has raised $27.4 million to date. Previous investors include DataTribe Inc. and Task Force X Capital LLC.

Source: siliconangle.com

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