Xit2

London, United Kingdom Founded: 1997 • Age: 29 yrs Acquired By MDA
Provider of data management services

About Xit2

Xit2 is a company based in London (United Kingdom) founded in 1997 was acquired by MDA in May 2006.. Xit2 operates in a competitive market with competitors including EXL, Artefact, LatentView, SilverSun Technologies and Superconductive, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xist2 Ltd
Operational Areas
Business Services → Digital Transformation & IT Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MDA

    (May 24, 2006)

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Funding Insights of Xit2

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 Xit2

Xit2 has secured backing from 1 investor. Prominent investors backing the company include MDA Space. 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
Investor Description Founded Year Domain Location
Radar satellite systems, surveillance, and intelligence solutions are provided.
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 Xit2

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 - Xit2

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

Xit2 Comparisons

Employees
+
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Competitors of Xit2

Xit2 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 EXL, Artefact, LatentView, SilverSun Technologies and Superconductive, 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
Analytics and digital solutions for healthcare and banking are provided.
domain founded_year HQ Location
Digital marketing services provider
domain founded_year HQ Location
AI-driven data analytics solutions are delivered across multiple sectors.
domain founded_year HQ Location
Provider of data management services
domain founded_year HQ Location
Provider of document management services
domain founded_year HQ Location
AI and data analytics services are provided to various clients.
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 Xit2

Frequently Asked Questions about Xit2

When was Xit2 founded?

Xit2 was founded in 1997.

Where is Xit2 located?

Xit2 is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

What does Xit2 do?

Xit2 was established in 1997 in London, United Kingdom, where data management services are offered. Operations center on data processing, storage, and analysis within the information technology sector. Clients receive support for handling large datasets and ensuring data integrity. The companys activities are based in the UK, with a focus on practical solutions for data-related needs across various industries. No international expansions are noted in available records.

Who are the top competitors of Xit2?

Xit2's top competitors include EXL, LatentView and Artefact.

Who are Xit2's investors?

Xit2 has 1 investor. Key investors include MDA Space.

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