XenSource

Cambridge, United States Founded: 2004 • Age: 22 yrs Acquired By Citrix
Open source hypervisor technology is provided for enterprise server virtualization.
Request Access

About XenSource

XenSource is a company based in Cambridge (United States) founded in 2004 by Parag Wadhone was acquired by Citrix in August 2007.. XenSource has raised $21 million across 2 funding rounds from investors including Kleiner Perkins, Accel and Citrix. XenSource offers products and services including XenServer. XenSource operates in a competitive market with competitors including Virsto Software, Ravello Systems, NeoCleus, Proxmox and Virtutech, among others.

  • Headquarter Cambridge, United States
  • Founders Parag Wadhone
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloud Software Group, Inc.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15 M (USD), Series C

    Oct 30, 2006

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Citrix

    (Aug 15, 2007)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Products & Services of XenSource

XenSource offers a comprehensive portfolio of products and services, including XenServer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for server virtualization and efficient IT resource management.

People of XenSource
Headcount 5000-10000
Employee Profiles 450
Board Members and Advisors 1
Employee Profiles
People
Spencer Ryono
Vp, Americas Legal
People
Michel Leijdekker
Account Technical Strategist - Tibco
People
Greg Peterson
Sr Director, Strategic Partner Management
People
Sonja Schaupp
Sales Operations Manager, Central Europe & Nordics Enterprise

Unlock access to complete

Board Members and Advisors
people
John Stalder
Board Member

Unlock access to complete

Funding Insights of XenSource

XenSource has successfully raised a total of $21M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in October 2006. 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
  • Total Rounds 2
  • Last Round Series C — $15.0M
  • First Round

    (13 Jan 2005)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2006 Amount Series C - XenSource Valuation

investors

Jan, 2005 Amount Series A - XenSource Valuation Sevin Rosen , Intel Capital
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 XenSource

XenSource has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Accel and Citrix. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
Early-stage US investments in technology and offline sectors are targeted.
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 XenSource

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 - XenSource

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

Xensource Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of XenSource

XenSource 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 Virsto Software, Ravello Systems, NeoCleus, Proxmox and Virtutech, 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
Storage virtualization is provided at the virtual machine layer.
domain founded_year HQ Location
Cloud Application Hypervisor
domain founded_year HQ Location
Enterprise hypervisor platform is utilized for virtual desktop management.
domain founded_year HQ Location
Provides open-source platforms for server virtualization, backup, and mail security services.
domain founded_year HQ Location
Cloud-based software solutions for intelligent connected systems are developed.
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 Xensource

Frequently Asked Questions about XenSource

When was XenSource founded?

XenSource was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is XenSource located?

XenSource is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Who is the current CEO of XenSource?

Peter Levine is the current CEO of XenSource.

Is XenSource a funded company?

XenSource is a funded company, having raised a total of $21M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jan 13, 2005.

What does XenSource do?

XenSource was founded in 2004 in Cambridge, United States, focusing on virtualization software for the enterprise sector. Open source Xen hypervisor technology is offered, along with Xen Optimiser for multi-server management and subscription-based Xen Support. Enterprise solutions based on this hypervisor enable server utilization and data center enhancements. The company was acquired by Citrix Inc. in August 2007 for 500 million.

Who are the top competitors of XenSource?

XenSource's top competitors include Ravello Systems, Virtutech and NeoCleus.

What products or services does XenSource offer?

XenSource offers XenServer.

Who are XenSource's investors?

XenSource has 5 investors. Key investors include Kleiner Perkins, Accel, Citrix, Sevin Rosen, and Intel Capital.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available