Cybersecurity Gets Spicy: Xage Security’s $20M Raise and the IoT Invasion
Feeling hot, hot, hot! IoT Device Security Funding is sizzling with Xage Security, the digital bouncer, bagging a spicy $20 million. With cyberattacks targeting your smart toaster, investors are treating this sector like an endless buffet. It’s raining money, folks – and your smart fridge might just be the next big thing!
Hot Take:
Well, folks, it's official. Pouring money into cybersecurity is as hot as a chili pepper in a volcano. Xage Security, a startup that's basically a bouncer for network intrusions, recently announced a $20 million raise. And with the uptick in attacks on IoT devices (because apparently, your smart fridge is now a target), it's no wonder investors are throwing their money at this sector like it's a 24/7 all-you-can-eat buffet.Already a member? Log in here