About XTIUM
XTIUM is a company based in Briarcliff Manor (United States) founded in 1994. It operates as a Managed Services, SaaS (Software-as-a-Service), and IaaS (Infrastructure-as-a-Service). XTIUM has raised $135.16 million across 3 funding rounds from investors including Morgan Stanley and Runtide Capital. The company has 123 employees as of April 07, 2024. XTIUM has completed 7 acquisitions, including MTM Technologies, Optanix and QTS Net. XTIUM offers products and services including Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting. XTIUM operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Briarcliff Manor, United States
- Employees 123 as on 07 Apr, 2024
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Xtium India Private Limited
- Date of Incorporation 14 May, 2019
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$2.46 M (USD)22.23as on Mar 31, 2023
-
Net Profit
$191.93 K (USD)3.52as on Mar 31, 2023
-
EBITDA
$312.46 K (USD)7.86as on Mar 31, 2023
-
Total Equity Funding
$135.16 M (USD)
in 3 rounds
-
Latest Funding Round
$120.16 M (USD), Series C
Oct 30, 2024
-
Investors
Morgan Stanley
& 1 more
-
Employee Count
123
as on Apr 07, 2024
-
Investments & Acquisitions
MTM Technologies
& 6 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of XTIUM
XTIUM offers a comprehensive portfolio of products and services, including Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting. 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 threat detection is offered for protection.
Reliable network performance is ensured through monitoring.
Integrated communication solutions are delivered for collaboration.
Strategic AI implementation support is provided expertly.
Unlock access to complete
Funding Insights of XTIUM
XTIUM has successfully raised a total of $135.16M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $120.16 million completed in October 2024. 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 3
- Last Round Series C — $120.2M
-
First Round
First Round
(21 Nov 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series C - XTIUM | Valuation |
investors |
|
| Feb, 2021 | Amount | Series B - XTIUM | Valuation | Morgan Stanley , Runtide Capital |
|
| Nov, 2019 | Amount | Series B - XTIUM | Valuation |
investors |
|
| 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 XTIUM
XTIUM has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley and Runtide Capital. 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 |
|---|---|---|---|---|
|
Runtide Capital is engaged in growth-stage business investments.
|
Founded Year | Domain | Location | |
|
Wealth management, investment advisory, and financial services 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 XTIUM
XTIUM has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include MTM Technologies, Optanix and QTS Net. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Digital asset and support services are provided from Hong Kong.
|
2022 | ||||
|
Cloud, security, and software development services are provided by Xentaurs.
|
2016 | ||||
|
IT infrastructure and services are provided to businesses nationwide.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - XTIUM
| 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 |
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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
High-quality office furniture is provided by UST for various needs.
|
|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
|
|
| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
|
|
| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
|
| 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 Xtium
Frequently Asked Questions about XTIUM
When was XTIUM founded?
XTIUM was founded in 1994 and raised its 1st funding round 25 years after it was founded.
Where is XTIUM located?
XTIUM is headquartered in Briarcliff Manor, United States. It is registered at Briarcliff Manor, New York, United States.
Who is the current CEO of XTIUM?
Russ Reeder is the current CEO of XTIUM.
Is XTIUM a funded company?
XTIUM is a funded company, having raised a total of $135.16M across 3 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Nov 21, 2019.
How many employees does XTIUM have?
As of Apr 07, 2024, the latest employee count at XTIUM is 123.
What is the annual revenue of XTIUM?
Annual revenue of XTIUM is $2.46M as on Mar 31, 2023.
What does XTIUM do?
Secure and scalable IT solutions are delivered by XTIUM, focusing on managed services for mid-size and enterprise clients. Operations in healthcare, finance, retail, legal, and higher education sectors are supported. Services including Desktop as a Service, managed security, network services, unified communications, and AI consulting are offered. IT challenges are addressed with urgency, integrating with client tech stacks for optimized performance. A strategic partnership approach is adopted to transform IT into a competitive advantage.
Who are the top competitors of XTIUM?
XTIUM's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does XTIUM offer?
XTIUM offers Desktop as a Service (DaaS), Managed Security, Managed Network Services, Unified Communications, and AI Consulting.
How many acquisitions has XTIUM made?
XTIUM has made 7 acquisitions, including MTM Technologies, Optanix, and QTS Net.
Who are XTIUM's investors?
XTIUM has 2 investors. Key investors include Morgan Stanley, and Runtide Capital.