xyte.ai
Software · Israel · 1-10 Employees
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Overview
Headquarters
5 Agur Street Kochav Yair, Tel Aviv, Tel...Website
www.xyte.aiRevenue
<$5 MillionIndustry
About xyte.ai
xyte.ai Org Chart
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xyte.ai financials insights
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Angel/Seed
$6.4M
Debt
$10M
Other Financing Round
$10M
Series A
$20M
xyte.ai Tech Stack
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xyte.ai News & Media
Xyte stirs up $30M to enable any hardware maker to build subscription products
The hardware industry is under pressure these days: slower spending cycles from consumers and businesses, market saturation — not to mention innovation largely coming in the form of software at the moment — are all contributing to an overall decline in sales. Now, a startup has raised some funding to expand its alternative to hardware […] © 2023 TechCrunch. All rights reserved. For personal use only.Xyte Raises $30M in Funding
Xyte, a Tel Aviv, Israel-based developer of an all-in-one servitization platform for device and hardware manufacturers, raised $30m in funding. The funding included: In conjunction with the financing, Roi Bar-Kat, Israel Country Manager and Managing Director at Intel Capital, will join Xyte’s board of directors. The company intends to use the funds to accelerate the […] The post Xyte Raises $30M in Funding appeared first on FinSMEs.Kreos Capital Finances $10MM in Debt Funding for Xyte's Equipment Financing Program
Kreos Capital financed $10 million in debt funding for Xyte, a company specializing in Connected Device Management Platform, to meet Xyte’s customers' growing demand for flexible equipment financing solutions.Xyte secures $10M debt funding from Kreos Capital to complement its Connected Device Management Platform with an equipment financing program and bring a holistic solution to hardware manufacturers
TEL AVIV, Israel, Oct. 26, 2022 /PRNewswire/ -- Xyte, pioneer of the first-of-its-kind Connected Device Management Platform (CDMP), has raised $10M in debt funding to meet its customers' growing demand for flexible equipment financing solutions. The financing was provided by growth debt...
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Frequently Asked Questions Regarding xyte.ai
Founded in 2019 and headquartered in Israel, Xyte is a first-of-its-kind Connected Device Management Platform, an integrated solution that allows hardware manufacturers to manage, service, and commercialize their connected devices, all in one place.... Read More