About XTIUM
XTIUM is a company based in Wayne (United States) founded in 2006 by Michael Peterson was acquired by Great Hill Partners in May 2016. It operates as a IaaS (Infrastructure-as-a-Service), Managed Services, and Professional Services. XTIUM has raised $209.25 million across 7 funding rounds from investors including CapitalSource, Great Hill Partners and Ardian. XTIUM has completed 8 acquisitions, including AiTech, Azzaron and Clearlogin. XTIUM offers products and services including Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services. XTIUM operates in a competitive market with competitors including RingCentral, UST, Dialpad, Fuze and Webex, among others.
- Headquarter Wayne, United States
- Founders Michael Peterson
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Evolveip, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$209.25 M (USD)
in 7 rounds
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Latest Funding Round
$181.4 M (USD), Private Equity Round
Jul 01, 2019
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Investors
CapitalSource
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
AiTech
& 7 more
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Acquired by
Great Hill Partners
(May 12, 2016)
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IPO & Listings of XTIUM
XTIUM is a publicly listed company on the TSX with ticker symbol CHR in Canada, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of XTIUM
XTIUM offers a comprehensive portfolio of products and services, including Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services. 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.
Secure cloud desktops are provided for remote work.
AI-driven security solutions are offered for threat protection.
Integrated communication tools are delivered for seamless collaboration.
Reliable network performance is ensured through proactive monitoring.
Strategic AI implementation guidance is provided to organizations.
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Funding Insights of XTIUM
XTIUM has successfully raised a total of $209.25M across 7 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $181.4 million completed in July 2019. 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 Funding
- Total Rounds 7
- Last Round Private Equity Round — $181.4M
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First Round
First Round
(15 Jan 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Private Equity Round - XTIUM | Valuation | Great Hill Partners |
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| Aug, 2016 | Amount | Private Equity Round - XTIUM | Valuation |
investors |
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| Aug, 2014 | Amount | Debt – Conventional - XTIUM | Valuation |
investors |
| 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 |
Investors in XTIUM
XTIUM has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CapitalSource, Great Hill Partners and Ardian. 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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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Commercial bank
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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 XTIUM
XTIUM has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AiTech, Azzaron and Clearlogin. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automated call recording and transcription are provided by Jog's platform.
|
2016 | ||||
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Provider of identity and access management solutions
|
2014 | ||||
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Purpose-built virtual infrastructure as a service
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - XTIUM
| 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 |
Xtium Comparisons
Competitors of XTIUM
XTIUM 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 RingCentral, UST, Dialpad, Fuze and Webex, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Xtium
Frequently Asked Questions about XTIUM
When was XTIUM founded?
XTIUM was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is XTIUM located?
XTIUM is headquartered in Wayne, United States.
Is XTIUM a funded company?
XTIUM is a funded company, having raised a total of $209.25M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $14.7M, raised on Jan 15, 2008.
What does XTIUM do?
Secure and scalable IT solutions are delivered by XTIUM to mid-size and enterprise companies. Services include Desktop as a Service (DaaS), managed security, unified communications, and network management. Operations are supported across industries like healthcare, finance, retail, legal, and higher education. Challenges such as rising cyber threats, IT complexity, and limited resources are addressed through AI-powered tools and full-stack support. A comprehensive platform is offered to optimize tech stacks, ensuring critical applications remain secure and operational. Expertise is integrated with client teams to transform IT into a competitive advantage.
Who are the top competitors of XTIUM?
XTIUM's top competitors include Happiest Minds, Dialpad and Webex.
What products or services does XTIUM offer?
XTIUM offers Desktop as a Service (DaaS), Managed Security, Unified Communications, Managed Network Services, and AI Consulting Services.
Is XTIUM publicly traded?
Yes, XTIUM is publicly traded on TSX under the ticker symbol CHR.
How many acquisitions has XTIUM made?
XTIUM has made 8 acquisitions, including AiTech, Azzaron, and Clearlogin.
Who are XTIUM's investors?
XTIUM has 3 investors. Key investors include CapitalSource, Great Hill Partners, and Ardian.
What is XTIUM's ticker symbol?
The ticker symbol of XTIUM is CHR on TSX.