# Xcerion

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

- Industry: Software
- Headquarters: Linkoping, Sweden
- Website: www.xcerion.com
- Total disclosed funding: $10M
- Latest round: Series A (Mar 12, 2007)
- Investors on record: 1

## About

Xcerion AB is a cloud solutions provider specializing in enhancing business efficiency through innovative software products tailored for various industries, primarily in Europe.Founded by Daniel Arthursson, Xcerion AB operates out of Linkoping, Sweden. The company has pivoted towards cloud-based services, offering solutions that facilitate business operations. Xcerion has raised a total of USD 3.34 mn, with its latest funding round being Series B, amounting to USD 3.34 mn. The company has completed a total of 3 deals.Xcerion provides cloud-based solutions designed to improve operational efficiency, including CloudBackend for application development, CloudMe for cloud storage and file sharing, and CloudTop for virtual desktop environments. These products primarily serve businesses in Europe, focusing on technology, education, and SMEs seeking to optimize their cloud computing capabilities.In the most recent financial year of 2023, Xcerion reported revenues of USD 128,638 and an EBITDA amounting to USD 52,103.5, generated through subscription-based services for their cloud offerings, allowing enterprises to engage in long-term partnerships.Xcerion aims to leverage its recent Series B funding to bolster its product development and expand its footprint in Europe. Plans include the launch of new features for CloudBackend and additional services in the cloud storage sector. The company is targeting expansion into new markets in Northern Europe by 2024, aiming to enhance its market share and address the increasing demand for cloud solutions.

## Funding rounds

- Series A, Mar 12, 2007, $10M — Northzone

## Investors

- Northzone (https://capitalatlas.ai/funds/northzone) — Series A