# Cedexis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cedexis

- Industry: Internet
- Headquarters: Portland, US
- Website: www.cedexis.com
- Total disclosed funding: $28M
- Latest round: Series B (Jan 25, 2016)
- Investors on record: 6

## About

Cedexis, part of Citrix, enhances digital performance through solutions that optimize user experience and application delivery, ensuring clients achieve improved speed and reliability for their online services.Cedexis, founded in 2009, is headquartered in Portland, US, and specializes in digital performance solutions. The company has undergone significant growth and change, culminating in its acquisition by Citrix. The founder's specific background isn't mentioned, but Cedexis has raised a total of USD 22.00 mn through multiple funding rounds, including a Venture Debt round in January 2016, where they secured USD 0.77 mn from Bpifrance Investissement. The company has completed three deals overall.Cedexis, now part of Citrix, specializes in enhancing digital performance through its suite of solutions aimed at optimizing user experience and application delivery. The company’s core offerings include performance monitoring tools and traffic management services that allow businesses to analyze and improve the speed and reliability of their online applications. These solutions empower clients to make data-driven decisions, thereby enhancing productivity and engagement among end users. Cedexis primarily serves a diverse client base that includes companies in sectors such as e-commerce, media, and enterprise software, with a focus on global markets including North America, Europe, and parts of Asia. Their innovative products aim to resolve critical challenges around latency and performance, ensuring that users have seamless access to applications regardless of their geographical location.Cedexis generates revenue through a subscription-based model, providing its clients with tiered access to its performance optimization services. The transaction structure typically involves businesses entering annual contracts that grant them access to various levels of service, including advanced analytics and dedicated support. This model fosters long-term partnerships with organizations seeking to improve their digital infrastructure. Flagship offerings, such as Cedexis’ performance monitoring tools, are bundled into comprehensive packages tailored to meet the specific needs of each client. By focusing on B2B transactions, the company facilitates direct relationships with clients, ensuring a steady stream of revenue from ongoing service subscriptions and renewals.Cedexis plans to leverage its recent funding of USD 22.00 mn to enhance its product offerings and expand into new markets. The company aims to develop and launch new products focused on improving application delivery and user experience, with specific release dates yet to be announced. Additionally, Cedexis is targeting expansion into European and Asian markets by the end of 2023, capitalizing on its technological expertise and client base to solidify its presence in these regions.

## Funding rounds

- Series B, Jan 25, 2016, $22M — Advanced Technology Ventures, Madrona Venture Group, NGP Capital, Citrix Systems, Inc., Ginko Ventures, HCM Capital
- Series A, Aug 11, 2011, $6M — Advanced Technology Ventures, Madrona Venture Group

## Investors

- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series A, Series B
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series B
- Citrix Systems, Inc. — Series B
- Ginko Ventures (https://capitalatlas.ai/funds/ginko-ventures) — Series B
- HCM Capital (https://capitalatlas.ai/funds/hcm-capital) — Series B
