CNBC Upstart 100

Xage Security

Founders: Roman Arutyunov, Susanto Irwan
CEO: Duncan Greatwood
Headquarters: Palo Alto, California
Industry: Cybersecurity

Pictured above (from left to right): Roman Arutyunov, Susanto Irwan

A Xage Security operational diagram
Xage Security

Xage Security is a cybersecurity start-up using blockchain to protect Internet of Things applications in large industries, including energy, utilities, manufacturing and transportation. CEO Duncan Greatwood is a serial entrepreneur who has led start-ups to acquisitions by Cisco and Apple. Top investors in Xage Security include GE and the venture capital arm of Saudi Aramco.