How Much Did XentIT Raise?
Funding & Key Investors

XentIT, a prominent provider of enterprise-grade cybersecurity, cloud, and managed IT services, has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its robust growth trajectory and market position in the late-stage funding environment.

What is XentIT?

XentIT
Business ServicesSoftware Testing

XentIT specializes in securing critical infrastructure and ensuring regulatory compliance for over 1,000 clients across the enterprise and government sectors. Their comprehensive service portfolio includes advisory and security assessments, managed IT and cybersecurity solutions, cloud and DevSecOps implementation, and technology resale. The company positions itself as a strategic partner, dedicated to mitigating cyber risks and enabling secure, scalable operations for its clientele.

How much funding has XentIT raised?

XentIT has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for XentIT?

The recent large-scale, late-stage funding indicates XentIT is poised for significant expansion and further market penetration. This strategic capital infusion is likely to fuel advancements in their service offerings, potentially including enhanced AI-driven security solutions and broader cloud integration capabilities. The company's focus on resilience and compliance in a complex digital landscape suggests a strategic direction towards solidifying its role as a key player in the cybersecurity and managed IT services sector, preparing for future growth and potential market consolidation.

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Frequently Asked Questions Regarding XentIT Financial Insights

What are the most recent funding rounds that XentIT has completed, and what were the funding rounds?
XentIT has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding XentIT has raised to date?
XentIT has raised a total of $150K in funding to date.
How many funding rounds has XentIT completed?
XentIT has completed 1 funding rounds.
How much funding did XentIT raise in its most recent funding round?
XentIT raised $150K in its most recent funding round.
Who are the lead investors in XentIT's latest funding round?
The lead investor in XentIT's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in XentIT's history?
The largest funding round in XentIT's history was $150K.
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