Xage appoints Geoffrey Mattson as CEO, as demand for zero trust cybersecurity mesh in OT environments drives revenue

September 06, 2023

Xage's multi-layer access management solution bolsters cybersecurity of OT, ICS environments

Zero trust security firm Xage Security announced Wednesday that it has named entrepreneur and cybersecurity executive Geoffrey Mattson as CEO, bringing with him vast experience as a ‘leader’ in R&D, product development, and go-to-market (GTM). Mattson will help guide the company in its next phase of growth.

With Mattson’s appointment, his predecessor, Duncan Greatwood, has assumed the role of executive chair of the Xage board. Greatwood will support Mattson in his leadership of Xage and contribute to the company’s vision and ‘strategic direction’ as Xage accelerates its product and GTM investments.

The Palo Alto, California-headquartered company also reported that demand for its zero trust cybersecurity mesh platform across critical infrastructure industries has driven year-over-year revenue growth of 420 percent in the first half of 2023 and a 560 percent growth in bookings over the same period.

Mattson comes to Xage from MistNet.ai, an AI-driven cybersecurity platform, where he was a co-founder and CEO. MistNet.ai was acquired by Thoma Bravo and LogRhythm. Previously, he led R&D and product organizations in network and security startups focused on cloud-based security services, including Corona and Caspian.

In addition, Mattson has worked for established companies like Juniper Networks in both general management and functional roles, accelerating innovation and growth. Earlier in his career, Mattson spearheaded networking and telecommunication product initiatives at Bay Networks, where he led architecture, industry standards, and global GTM efforts.

“Geoff’s background is deeply rooted in both networking and cybersecurity, which positions him to appreciate what the Xage team has accomplished to date and to drive towards a future that is brimming with opportunities to ensure integrity, privacy, and trust of industrial systems, data centers, and cloud,” Duncan Greatwood, Xage executive chair, said in a media statement. “With Geoff, we have a combination of visionary technical and product leadership, great experience building organizations, and excellent skills in engaging with customers and scaling GTM. We welcome him aboard to lead Xage on to even greater success.”

Xage is said to have pioneered a mesh-based cybersecurity platform called the Xage Fabric to protect critical infrastructure operators around the world. Its innovations include multi-layer identity and access management and multi-user session collaboration, both released in the past year. The Fabric platform positions Xage at the intersection of zero trust network access and cyber-physical systems protection markets, as cited by Gartner. The company currently protects over 34 million megawatt hours of energy transported daily, more than one million assets and identities, and thousands of operational sites globally.

Earlier this year, Xage was also appointed to CISA’s Joint Cyber Defense Collaborative (JCDC) industrial control systems (ICS) working group, a partnership between US government agencies and private sector organizations focused on protecting operational technology. By leveraging innovative approaches and zero-trust security, Xage is helping to defend U.S. critical infrastructure against growing threats.

“It’s clear that the adoption of universal zero trust security is more critical than ever before and that the Xage platform is perfectly aligned with the demands of the moment,” said Geoffrey Mattson, CEO of Xage Security. “It’s a tremendous time to join this world-class team with its agent-free mesh-protected Security Fabric that has positioned the company as a leader in an increasingly interconnected world. I’m thrilled to take the helm at Xage and to support all our customers as they move to cyber harden their infrastructure and securely harness the power of digital transformation.”