About Xigo
Xigo is a company based in Manassas (United States) founded in 2000 was acquired by Asignet in March 2023. Xigo has raised $22 million across 1 funding round from investors including Dimension Data, Asignet and Capital Z Partners. Xigo operates in a competitive market with competitors including Tangoe, Visage Mobile, Gigs, Rivermine and WidePoint, among others.
- Total Equity Funding$22M (USD)
in 1 rounds
- Latest Funding Round$22M (USD), Series B
Jun 2000
- InvestorsDimension Data
& 3 more
- Acquired by
Funding Insights of Xigo
Xigo has successfully raised a total of $22M through 1 strategic funding round. The most recent funding activity was a Series B round of $22 million completed in June 2000. 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 $22M
- Total Rounds 1
- Last Round Series B — $22M
- First Round $22M
(Jun 2000)
- Investors Count 2
All 1 funding rounds of Xigo 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 |
|---|---|---|---|---|---|
| Jun 2000 | $22M | Series B | – | – |
4 investors in total: 4 institutional.
Investors in Xigo
Xigo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Dimension Data, Asignet and Capital Z Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | capitalz.com | - | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Public cloud and IT service solutions are provided. | 1983 | dimensiondata.com | Sandton, South Africa | |
Provider of IT services suite | 2004 | asignet.com | Parsippany Troy Hills, United States |
Investor details for Xigo
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 Xigo
6 people are tracked at Xigo (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Sean Race | President | Leadership |
Marty Lindenbaum | Director, Alliances | Leadership |
Lukas Oosthuizen | IT Senior System Engineer /team Lead | Team |
Ashley Kistoo | Applications Manager | Team |
Jordan Lambert | Client Support Technical Specialist | Team |
Jerry Tonies | Sr.technical Healthcare Architect | Team |
Complete people profiles for Xigo
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.
Timeline of Xigo
4 dated milestones of Xigo across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Xigo is founded.
- Funding First funding round of $22.0M.
- Exit Acquired by Dimension Data.
- Exit Acquired by Asignet.
Competitors of Xigo
Xigo 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 Tangoe, Visage Mobile, Gigs, Rivermine and WidePoint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tangoe.com | 2000 | Boulevard, United States | $34.16M | 768 | Cloud-based IT expense life cycle management software is provided. | |
| visagemobile.com | 2001 | Larkspur, United States | $102.86M | 27 | Enterprise mobility data is aggregated and managed via SaaS platform. | |
| gigs.com | 2020 | San Francisco, United States | $93.13M | – | A platform for global telecom services is provided to businesses. | |
| rivermine.com | 1999 | Fairfax, United States | $28.7M | – | Telecom expense management | |
| widepoint.com | 1996 | Mclean, United States | – | 211 | Platform for financial planning solutions for telecom companies | |
| letstalk.com | 1999 | San Francisco, United States | – | 1,804 | Telecom equipment retailer and TEM services provider | |
| profitline.com | 1992 | San Diego, United States | $32M | – | TEM and MDM solutions are provided to enterprise customers. | |
| isi-info.com | 1977 | Chicago, United States | – | 53 | Converged telecommunication management and analysis solutions provider |
Detailed competitors of Xigo
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 Xigo
Websites that share an audience with Xigo (xigo.com).
Websites whose visitors overlap most with Xigo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| techcrunch.com | 100% | 8.3M | #10,239 | View details | |
ecova.com | ecova.com | 96% | – | – | – |
clm.dimensiondata.com | clm.dimensiondata.com | 95% | – | – | – |
| telesoft.com | 80% | – | – | View details | |
telecom-expense-management.tmcnet.com | telecom-expense-management.tmcnet.com | 72% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Xigo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Xigo
10 companies that operate in the same segment as Xigo (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Xigo
Xigo was founded in 2000.
Xigo is headquartered in Manassas, United States. It is registered at Manassas, Virginia, United States.
Xigo is a funded company, having raised a total of $22M across 1 funding round to date. The company's 1st funding round was a Series B of $22M, raised on Jun 2000.
Xigo was founded in 2000 and is headquartered in Manassas, United States. Cloud-based solutions for telecom expense management are offered, focusing on mobile, fixed, and global telecommunications costs for businesses. Wireless bills are uploaded and analyzed automatically to generate mobile cost reports, with invoice logging and advanced analytics included. Previously known as Invoice Insight, it was rebranded as Dimension Data CLM following an acquisition.
Xigo's top competitors include Gigs, Tangoe and Visage Mobile.
Xigo has 4 investors. Key investors include Dimension Data, Asignet, Capital Z Partners, and NEA.
Yes. Xigo was acquired by Asignet in March 2023.