About XTIUM
XTIUM is a company based in Wayne (United States) founded in 2006 by Michael Peterson was acquired by Great Hill Partners in May 2016. It operates as a IaaS (Infrastructure-as-a-Service), Managed Services, and Professional Services. XTIUM has raised $209.25 million across 7 funding rounds from investors including CapitalSource, Great Hill Partners and Ardian. XTIUM has completed 8 acquisitions, including AiTech, Azzaron and Clearlogin. XTIUM offers products and services including Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services. XTIUM operates in a competitive market with competitors including RingCentral, UST, Dialpad, Fuze and Webex, among others.
- Headquarter Wayne, United States
- Founders Michael Peterson
- Stage Public
- SectorsTechnology
- Website category Computers Electronics and Technology · Telecommunications
- Phone•••• ••••
- Website evolveip.net
- Social LinkedIn X
- Acquired by Great Hill Partners (May 2016)
- Legal Name Evolveip, Llc
- Total Equity Funding$209.25M (USD)
in 7 rounds
- Latest Funding Round$181.4M (USD), Private Equity Round
Jul 2019
- InvestorsCapitalSource
& 2 more
- Investments & AcquisitionsAiTech
& 7 more
- Acquired byGreat Hill Partners
(May 2016)
Products & Services of XTIUM
XTIUM offers a comprehensive portfolio of products and services, including Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services.
Secure cloud desktops are provided for remote work.
AI-driven security solutions are offered for threat protection.
Integrated communication tools are delivered for seamless collaboration.
Reliable network performance is ensured through proactive monitoring.
Strategic AI implementation guidance is provided to organizations.
Funding Insights of XTIUM
XTIUM has successfully raised a total of $209.25M across 7 strategic funding rounds. The most recent funding activity was a Private Equity Round of $181.4 million completed in July 2019. 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.
- Total Funding $209.25M
- Total Rounds 7
- Last Round Private Equity Round — $181.4M
- First Round $15.6M
(Jan 2008)
- Investors Count 3
All 7 funding rounds of XTIUM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $181.4M | Private Equity Round | – | Great Hill Partners | – |
| Aug 2016 | – | Private Equity Round | – | – | |
| Aug 2014 | $14.7M | Debt – Conventional | – | – | |
| May 2014 | $27.5M | Debt – Conventional | – | – | |
| Sep 2010 | $8.7M | Series B | – | – | – |
| Jun 2009 | $3.55M | Series A | – | – | – |
| Jan 2008 | $15.6M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in XTIUM
XTIUM has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CapitalSource, Great Hill Partners and Ardian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business acquisitions are targeted by the private equity firm. | – | greathillpartners.com | Boston, United States | |
Private investment firm specializing in markets and partnerships. | – | ardian.com | - | |
Commercial bank | 2000 | capitalsource.com | Los Angeles, United States |
Investor details for XTIUM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of XTIUM
66 people are tracked at XTIUM (18 in leadership, 1 in board & advisors, 47 in team).
| Name | Role | Group |
|---|---|---|
Michael Peterson | Co-Founder | Leadership |
Shannon Detwiler | Vice President Of Voice Engineering | Leadership |
Curtis Gaska | Vice President, Sales And Solutions | Leadership |
Andrew Busch | Director - Enterprise Client Services | Leadership |
Derek Kessler | Eastern Region Channel Director | Leadership |
Brady Morrissey | Director, Client Experience | Leadership |
Ryan Disch | Director - Enterprise Client Services | Leadership |
Matt Stevenson | Director, Systems Integration | Leadership |
John Reid | Director, Southeast Channel Manager | Leadership |
Eric Fronik | Sales Director | Leadership |
Jason Jefferies | Director Of Service Delivery | Leadership |
Kevin Sullivan | VP Of Cloud Strategy | Leadership |
Christian Teeft | Chief Technology Officer And EVP Of Global Engineering And Software Development | Leadership |
Benjamin Silver | Vice President, Client Success | Leadership |
Gary Coben | Senior Vice President And Channel Chief, Evolve IP | Leadership |
John Boggan | Central Region Channel Director | Leadership |
John Turner | Vice President Of Sales | Leadership |
Hamza van der Maas | Partner Manager | Leadership |
Thomas J. Gravina | Executive Chairman of the Board and Co-Founder | Board & advisors |
Lee M. | Channel And Business Development Manager | Team |
46 more people are available in the full profile.
Complete people profiles for XTIUM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of XTIUM
XTIUM is a publicly listed company on the TSX with ticker symbol CHR in Canada, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Apr 2019
- Listed onTSX: CHR
- Listed entityChorus Aviation Inc.
- Exchange sectorTransportation
Investments & Acquisitions by XTIUM
XTIUM has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AiTech, Azzaron and Clearlogin.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automated call recording and transcription are provided by Jog's platform. | jog.ai | Austin, United States | 2016 | Apr 2019 | •••• | |
Cloud-based telephony services are provided to business customers. | aitech.net | Edina, United States | 1993 | Jul 2018 | •••• | |
Cloud-based telephony services are provided to business customers. | thevoicefactory.co.uk | Cardiff, United Kingdom | 2009 | Apr 2018 | •••• | |
Provider of identity and access management solutions | clearlogin.com | New York, United States | 2014 | Oct 2017 | •••• | |
Cloud contact center solutions are provided for enterprise call handling. | mtel.nl | Rotterdam, Netherlands | 2005 | Aug 2017 | •••• | |
Purpose-built virtual infrastructure as a service | azzaron.com | Mesa, United States | 2009 | May 2017 | •••• | |
Managed IT services in cloud, security, and networking are provided. | xtium.com | King Of Prussia, United States | 2004 | Oct 2016 | •••• | |
Managed IT support, cloud, and related services are provided. | webcoretech.com | Austin, United States | 1996 | Jan 2015 | •••• |
Complete acquisition details for XTIUM
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of XTIUM
13 dated milestones of XTIUM across 13 years, from founding to its latest funding, stage changes and deals.
- Founded XTIUM is founded.
- Funding First funding round of $15.6M.
- Acquisition Acquires Webcore Technologies.
- Exit Acquired by Great Hill Partners.
- Acquisition Acquires XTIUM.
- Acquisition Acquires Azzaron.
- Acquisition Acquires Mtel.
- Acquisition Acquires Clearlogin.
- Acquisition Acquires thevoicefactory.
- Acquisition Acquires AiTech.
- Acquisition Acquires Jog.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Private Equity Round, of $181.4M.
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 RingCentral, UST, Dialpad, Fuze and Webex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| dialpad.com | 2011 | San Ramon, United States | $475.91M | 119 | Cloud-based unified communication solutions including voice and video are provided. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. | |
| webex.com | 1995 | San Jose, United States | $25M | 26,200 | Solutions for virtual meetings and training sessions are provided. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| getweave.com | 2008 | Provo, United States | $156.09M | 922 | Omnichannel software is delivered for customer engagement in healthcare businesses. |
Detailed competitors of XTIUM
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of XTIUM
The website of XTIUM (evolveip.net) receives about 24.7K visits a month and ranks #780,169 among all websites worldwide, #4,094 in Telecommunications.
- Monthly visits24.7K
▼ 24.1% vs previous month
- Unique visitors7.2K
per month
- Global rank#780,169
among all websites
- Category rank#4,094
Computers Electronics and Technology · Telecommunications
- Bounce rate22%
- Pages per visit4.0
- Average visit2 min 11 sec
- DevicesDesktop 64% · Mobile 36%
Websites whose visitors overlap most with XTIUM. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| simplesignal.com | 100% | – | – | View details | |
| 3clogic.com | 84% | 5.4K | #3,121,785 | View details | |
community.spiceworks.com | community.spiceworks.com | 71% | – | – | – |
| 1111systems.com | 63% | 60.9K | #426,230 | View details | |
| reddit.com | 55% | 4.4B | #9 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for XTIUM
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Xtium
Complete news archive for XTIUM
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to XTIUM
10 companies that operate in the same segment as XTIUM (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 74 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 13,810 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.75 M | – | – | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | – | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 2,510 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | – | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
Real-time communication and conversational AI solutions are provided by Agora. | 2014 | Guangzhou, Guangdong, China | USD 55 M | USD 141.43 M | 608 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about XTIUM
XTIUM was founded in 2006 and raised its 1st funding round 2 years after it was founded.
XTIUM is headquartered in Wayne, United States.
XTIUM is a funded company, having raised a total of $209.25M across 7 funding rounds to date. The company's 1st funding round was a Series A of $15.6M, raised on Jan 2008.
Secure and scalable IT solutions are delivered by XTIUM to mid-size and enterprise companies. Services include Desktop as a Service (DaaS), managed security, unified communications, and network management. Operations are supported across industries like healthcare, finance, retail, legal, and higher education. Challenges such as rising cyber threats, IT complexity, and limited resources are addressed through AI-powered tools and full-stack support. A comprehensive platform is offered to optimize tech stacks, ensuring critical applications remain secure and operational. Expertise is integrated with client teams to transform IT into a competitive advantage.
XTIUM's top competitors include Happiest Minds, Dialpad and Webex.
XTIUM offers Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services.
Yes, XTIUM is publicly traded on TSX under the ticker symbol CHR.
XTIUM has made 8 acquisitions, including AiTech, Azzaron, and Clearlogin.
XTIUM has 3 investors. Key investors include CapitalSource, Great Hill Partners, and Ardian.
XTIUM operates through Evolveip, Llc.
Yes. XTIUM was acquired by Great Hill Partners in May 2016.