About XTec
XTec is a company based in Reston (United States) founded in 1992 was acquired by Giesecke+Devrient in March 2026. It operates as a B2B. XTec operates in a competitive market with competitors including HID Global, Allegion, NexKey, Morpho and ActivIdentity, among others.
- Headquarter Reston, United States
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Sectors
Technology
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Phone
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Giesecke+Devrient
(Mar 03, 2026)
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Funding Insights of XTec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in XTec
XTec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Giesecke+Devrient. 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.
| Investor | Description | Founded Year | Domain | Location |
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Security technology is provided for digital infrastructure and financial platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by XTec
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - XTec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xtec Comparisons
Competitors of XTec
XTec 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 HID Global, Allegion, NexKey, Morpho and ActivIdentity, 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 |
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| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
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| domain | founded_year | HQ Location |
Cloud-based access control systems and electronic security products are developed.
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| domain | founded_year | HQ Location |
Integrated access control systems with retrofittable locks are manufactured.
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| domain | founded_year | HQ Location |
Secure identity authentication solutions are provided through biometric systems.
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| domain | founded_year | HQ Location |
Authentication and credential management solutions are provided by ActivIdentity.
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| domain | founded_year | HQ Location |
Cloud-based integrated access control systems are developed for secure identification.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xtec
Frequently Asked Questions about XTec
When was XTec founded?
XTec was founded in 1992.
Where is XTec located?
XTec is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
What does XTec do?
XTec, founded in 1992 in Reston, United States, focuses on leveraging cutting-edge technology, security, managing access control, and cloud-based services. Provides access control solutions as a secure, cloud-based service. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of XTec?
XTec's top competitors include HID Global, Allegion and NexKey.
Who are XTec's investors?
XTec has 1 investor. Key investors include Giesecke+Devrient.