NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









XONA Systems

XONA Systems

Private
Hanover, MarylandCybersecurityhttps://www.xonasystems.com/

Last Round

Strategic

Jun 11, 2024

Est. Valuation

$58M

Total Funding Raised

$27.4M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

XONA Systems is a network management software company that provides a frictionless user access platform purpose-built for critical infrastructure.

Sector

Cybersecurity

Verticals

Zero Trust, IoT Security, Network Security, Smart Manufacturing

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

zero-trust remote accessOT securityICS securityoperational technologyindustrial control systemscritical infrastructure securityclientless remote accessprotocol isolationsession recordingVPN replacementsecure remote accessOT remote accessindustrial cybersecurityNERC-CIP complianceidentity-based access

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

XONA Systems Comps

Public and private peers based on sector, stage, and business model.

XONA Systems comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

XONA Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicJun 11, 2024
Series AMay 25, 2022
SeedMar 16, 2020
View all Funding Rounds

Key People

Founding team and executive leadership

Michael Carr

Field CTO

Executive Team

Raed Albuliwi

Chief Product Officer

Executive Team

XONA Systems Investors

Notable investors and investment history

XONA Systems investors
InvestorRounds
DataTribeSeries A
Energy Impact PartnersStrategic
TFX CapitalSeries A
View all Investors

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 26, 2026

    Won 'Most Innovative Secure Remote Access' at Global InfoSec Awards.

  • Mar 17, 2026

    Active Defense automatically stops threats during live remote access sessions in OT environments.

View all signals

XONA Systems Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

XONA Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about XONA Systems's valuation, stock price, and market status.

Firmographic Details

HeadquartersHanover, Maryland
Employee Range48
Year Founded2017
Last FundingJun 11, 2024

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.