2X

Dallas, United States Founded: 2004 • Age: 22 yrs Acquired By Parallels
Virtual desktop delivery and MDM
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About 2X

2X is a company based in Dallas (United States) founded in 2004 was acquired by Parallels in February 2015.. 2X operates in a competitive market with competitors including Systancia, Nerdio, Liquidware Labs, Teradici and ClearCube Technology, among others.

  • Headquarter Dallas, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Parallels

    (Feb 25, 2015)

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Funding Insights of 2X

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in 2X

2X has secured backing from 1 investor. Prominent investors backing the company include Parallels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cloud based Daas platform
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by 2X

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - 2X

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

2X Comparisons

Employees
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Competitors of 2X

2X operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Systancia, Nerdio, Liquidware Labs, Teradici and ClearCube Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Desktop virtualization and healthcare solutions are provided by Systancia.
domain founded_year HQ Location
Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities.
domain founded_year HQ Location
Desktop virtualization and management solutions are provided for enterprises.
domain founded_year HQ Location
Offers PCoIP and remote desktop solutions
domain founded_year HQ Location
Desktop virtualization platforms and VDI solutions are offered.
domain founded_year HQ Location
A secure workspace solution for remote work is provided by Venn.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on 2X

Frequently Asked Questions about 2X

When was 2X founded?

2X was founded in 2004.

Where is 2X located?

2X is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

What does 2X do?

2X was founded in 2004 in Dallas, United States, as a provider of mobile device management solutions. Virtual desktop delivery is facilitated through its 2X RAS software, alongside client software for accessing virtual environments. The portfolio was acquired by Parallels in February 2015, integrating these tools into broader virtualization services within the IT sector. Operations focus on secure remote access and device oversight for enterprise users.

Who are the top competitors of 2X?

2X's top competitors include Teradici, Nerdio and Liquidware Labs.

Who are 2X's investors?

2X has 1 investor. Key investors include Parallels.

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