About XTIUM
XTIUM is a company based in Briarcliff Manor (United States) founded in 1994. It operates as a Managed Services, SaaS (Software-as-a-Service), and IaaS (Infrastructure-as-a-Service). XTIUM has raised $135.16 million across 3 funding rounds from investors including Morgan Stanley and Runtide Capital. The company has 123 employees as of April 07, 2024. XTIUM has completed 7 acquisitions, including MTM Technologies, Optanix and QTS Net. XTIUM offers products and services including Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting. XTIUM operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Briarcliff Manor, United States
- Employees 123 as on 07 Apr, 2024
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Xtium India Private Limited
- Date of Incorporation 14 May, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.46 M (USD)22.23as on Mar 31, 2023
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Net Profit
$191.93 K (USD)3.52as on Mar 31, 2023
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EBITDA
$312.46 K (USD)7.86as on Mar 31, 2023
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Total Equity Funding
$135.16 M (USD)
in 3 rounds
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Latest Funding Round
$120.16 M (USD), Series C
Oct 30, 2024
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Investors
Morgan Stanley
& 1 more
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Employee Count
123
as on Apr 07, 2024
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Investments & Acquisitions
MTM Technologies
& 6 more
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Products & Services of XTIUM
XTIUM offers a comprehensive portfolio of products and services, including Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting.
Secure cloud desktops are provided for remote work.
AI-driven threat detection is offered for protection.
Reliable network performance is ensured through monitoring.
Integrated communication solutions are delivered for collaboration.
Strategic AI implementation support is provided expertly.
People of XTIUM
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Funding Insights of XTIUM
XTIUM has successfully raised a total of $135.16M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $120.16 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in XTIUM
XTIUM has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley and Runtide Capital.
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Runtide Capital is engaged in growth-stage business investments.
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Wealth management, investment advisory, and financial services are provided.
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Investor details for XTIUM
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Investments & Acquisitions by XTIUM
XTIUM has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include MTM Technologies, Optanix and QTS Net.
Investment portfolio details for XTIUM
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital asset and support services are provided from Hong Kong.
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Cloud, security, and software development services are provided by Xentaurs.
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IT infrastructure and services are provided to businesses nationwide.
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Complete acquisition details for XTIUM
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Financial Statements - XTIUM
Detailed financials for XTIUM
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Xtium Comparisons
Peer comparison for XTIUM
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Competitors of XTIUM
XTIUM 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of XTIUM
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Latest news on Xtium
Complete news archive for XTIUM
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Frequently Asked Questions about XTIUM
XTIUM was founded in 1994 and raised its 1st funding round 25 years after it was founded.
XTIUM is headquartered in Briarcliff Manor, United States. It is registered at Briarcliff Manor, New York, United States.
Russ Reeder is the current CEO of XTIUM.
XTIUM is a funded company, having raised a total of $135.16M across 3 funding rounds to date.
As of Apr 07, 2024, the latest employee count at XTIUM is 123.
Annual revenue of XTIUM is $2.46M as on Mar 31, 2023.
Secure and scalable IT solutions are delivered by XTIUM, focusing on managed services for mid-size and enterprise clients. Operations in healthcare, finance, retail, legal, and higher education sectors are supported. Services including Desktop as a Service, managed security, network services, unified communications, and AI consulting are offered. IT challenges are addressed with urgency, integrating with client tech stacks for optimized performance. A strategic partnership approach is adopted to transform IT into a competitive advantage.
XTIUM's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
XTIUM offers Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting.
XTIUM has made 7 acquisitions, including MTM Technologies, Optanix, and QTS Net.
XTIUM has 2 investors. Key investors include Morgan Stanley, and Runtide Capital.