Xyte
Latest round
- Series A
Last raised
- Jan 2024
Total raised
- $26M
Investors
- 4
About Xyte
a Xyte operates as a developer of a cloud-based platform for hardware manufacturers that bridges the gap between hardware devices and modern cloud applications. Xyte offers hardware manufacturers an end-to-end cloud-based platform, Connected Device Management Platform (CDMP), an integrated solution that allows hardware manufacturers to manage, monitor, service, analyze, and commercialize their connected devices, all in one place. The platform can be used by C-Suite and Corporate Innovation Centers, Product & R&D teams, Operations & Support teams, and Sales & Marketing teams within the industrial OEM & robotics industry, Smart Buildings, Workplace Technology, and Managed Service Providers & channel partners sector. The HaaS business model offers manufacturers potential for growth. It allows customers to elastically scale their products while helping manufacturers simplify their inventory management. The company generates revenue through a subscription-based model ranging from USD 1,499/month to USD 3,499/month and above for Standard, Premium, and Enterprise plans.
Who invested in Xyte
4 investors across 2 rounds
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Questions about Xyte
Who invested in Xyte?
Xyte has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Xyte raised?
Xyte has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Xyte last raise money?
Xyte's most recent round on record is a Series A, in Jan 2024.
What does Xyte do?
a Xyte operates as a developer of a cloud-based platform for hardware manufacturers that bridges the gap between hardware devices and modern cloud applications.
Where is Xyte headquartered?
Xyte is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like Xyte?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Xyte's stage. Their profiles are linked below.
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