What is Xtium?
Xtium operates as a leading enterprise software and solutions company, focusing on delivering innovative managed cloud hosting, online backup, and virtual disaster recovery services. The company distinguishes itself by providing a highly secure virtual private cloud experience, characterized by its flexible architecture that empowers customers with control. Xtium holds certifications for delivering SAP®, VMware®, and Riverbed® technologies, positioning it as a comprehensive service provider for enterprise-level IT infrastructure needs.
How much funding has Xtium raised?
Xtium has raised a total of $9.8M across 3 funding rounds:
Private Equity
$5.8M
Unspecified
$2M
Unspecified
$2M
Private Equity (2011): $5.8M with participation from OpenView Venture Partners
Unspecified (2012): $2M led by Undisclosed
Unspecified (2013): $2M supported by Undisclosed
Key Investors in Xtium
OpenView Venture Partners
OpenView Venture Partners is a venture capital firm established in 2006, specializing in investments within the B2B software sector. Their portfolio includes companies like Zipwhip and Calendly, indicating a focus on scalable software solutions.
What's next for Xtium?
The recent major strategic investment in Xtium signals a pivotal growth phase for the company. This capital infusion is expected to fuel further innovation in its managed cloud hosting, backup, and disaster recovery solutions. With a focus on enterprise-level services and certified technology integrations, Xtium is poised to expand its market reach and enhance its offerings, potentially targeting new client segments or deepening its technological capabilities to maintain its competitive edge in the evolving cloud services landscape.
See full Xtium company page
