Xello

Xello is a cybersecurity company that provides comprehensive solutions to help organizations manage and mitigate cyber risks, ensuring digital resilience and facilitating secure transformation processes. Xello specializes in delivering cybersecurity services and was founded in 2018 in Melbourne, Australia. The company was acquired by CyberCX Pty Ltd on March 17, 2021, to enhance its cloud services and cloud security capabilities. Xello offers a wide range of cybersecurity services, including penetration testing, incident response, managed security services, and cloud security solutions.

These services are tailored for enterprise and government clients, helping safeguard critical digital assets and ensuring compliance with legal and regulatory standards. Xello serves a diverse clientele across sectors such as energy, logistics, transport, and not-for-profit, with operational reach in Australia, New Zealand, and the Asia-Pacific region. Xello generates revenue through various contracts, subscriptions, and consultancy engagements. This includes specialized services like security assessments and consulting billed based on project scope.

The structured transaction model supports a predictable revenue stream, catering to businesses ranging from small enterprises to large organizations needing ongoing monitoring and targeted cybersecurity solutions. Following its acquisition by CyberCX, Xello aims to enhance its product offerings, particularly in cloud services and security capabilities. The company is focused on expanding into new geographic markets within the Asia-Pacific region. The funding received from the acquisition will support the development of new products and innovations in its service portfolio, although specific release dates have not been disclosed.