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XONA Raises Series A Funding to Protect Critical Infrastructure

DataTribe Opportunities Fund Leads Round in Company Making Secure User Access Frictionless, Efficient, and Scalable

Annapolis, MD – May 25, 2022 – XONA, the frictionless user access platform purpose- built for critical infrastructure, today announced that it closed a $7.2 million Series A funding round led by DataTribe Opportunities Fund with participation from TFX Capital and individual investors. The investment brings XONA’s total raised since inception to $9.4 million.

XONA will use the funding to build on its global presence in more than 25 countries, fuel product innovation, and expand its footprint for providing secure remote access to critical systems in energy, oil and gas, transportation, manufacturing, government and other new markets. As a result of the funding, Mike Janke, managing director at DataTribe Opportunities Fund, has joined the company’s board of directors. In addition, Jeff Williams, former chief revenue officer at FireEye, has joined as an independent board member.