About Xevo
Xevo is a company based in Bellevue (United States) founded in 2000 was acquired by Lear Corporation in April 2019. Xevo has raised $36.21 million across 6 funding rounds from investors including SQUARE ENIX, Sumitomo Mitsui Banking Corporation and ITOCHU. The company has 258 employees as of December 31, 2022. Xevo has completed 1 acquisition, including Surround.io. Xevo operates in a competitive market with competitors including Gracenote, RealVNC, AVIN Systems, Acsia Technologies and Jungo, among others.
- Headquarter Bellevue, United States
- Employees 258 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Uievolution, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$36.21 M (USD)
in 6 rounds
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Latest Funding Round
$10.21 M (USD), Series E
Jan 13, 2016
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Investors
SQUARE ENIX
& 7 more
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Employee Count
258
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Lear Corporation
(Apr 02, 2019)
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Funding Insights of Xevo
Xevo has successfully raised a total of $36.21M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $10.21 million completed in January 2016. 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 Xevo
Xevo has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include SQUARE ENIX, Sumitomo Mitsui Banking Corporation and ITOCHU.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
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Toyota Motor Corporation is engaged in automotive manufacturing and mobility solutions.
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Investor details for Xevo
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Investments & Acquisitions by Xevo
Xevo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Surround.io.
Investment portfolio details for Xevo
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Smart connected cameras are networked using machine learning and AI.
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Complete acquisition details for Xevo
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Financial Statements - Xevo
Detailed financials for Xevo
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Xevo Comparisons
Peer comparison for Xevo
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Competitors of Xevo
Xevo 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 Gracenote, RealVNC, AVIN Systems, Acsia Technologies and Jungo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital media recognition solutions are provided for content management.
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Remote access software is provided for connected devices worldwide.
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Multimedia software solutions for connected vehicles are provided.
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ECU and infotainment solutions for autonomous vehicles
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Multimedia connectivity solutions for in-vehicle infotainment are provided.
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Detailed competitors of Xevo
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Latest news on Xevo
Complete news archive for Xevo
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Frequently Asked Questions about Xevo
Xevo was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Xevo is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Xevo is a funded company, having raised a total of $36.21M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Xevo is 258.
Founded in 2000 and based in Bellevue, United States, Xevo specializes in cloud-based software for integrating smartphones with embedded devices across automotive, cruise, hospitality, and retail sectors. Infotainment and enterprise services are supplied to OEMs and suppliers such as Toyota, Lexus, Clarion, and DENSO. The company was acquired by Square Enix in 2004 for 58 million and operated independently after a 2007 spin-off.
Xevo's top competitors include Gracenote, RealVNC and AVIN Systems.
Xevo has made 1 acquisition, including Surround.io.
Xevo has 8 investors. Key investors include SQUARE ENIX, Sumitomo Mitsui Banking Corporation, ITOCHU, Lear Corporation, and Toyota.