Xtium

Founded in 2004 and headquartered in Wilmington, US, Xtium specializes in managed IT services. In October 2016, Xtium was acquired by Evolve IP.Xtium specializes in providing comprehensive managed IT solutions designed to modernize, secure, and streamline operations for mid-size and enterprise clients. Their core offerings include Desktop as a Service (DaaS), Managed Security Services, Managed Network Services, and Professional IT Services, tailored to address the challenges of rising cyber threats and increasing operational complexities. These solutions enable fast, secure access to company applications and data across various endpoint devices, while leveraging AI-driven detection and a 24/7 Security Operations Center (SOC) for monitoring and threat mitigation.Xtium generates revenue primarily through a subscription-based model, allowing clients to access its suite of managed IT solutions. The company engages in B2B transactions, providing services that require ongoing support and monitoring, such as managed security and network management. Clients may opt for tailored pricing plans that encompass various tiers of service, ensuring they receive the necessary support based on their specific operational needs.Xtium's strategy for future growth involves the development and launch of new products, although specific products and release dates have not been disclosed. The company is also looking to expand into additional geographical markets, with plans targeting regions such as Europe and the Asia-Pacific by the end of 2023.

1. Series A

   Sep 23, 2011

   Amount

   $12M

   Investors

   Locked