How Much Did XetaWave Raise?
Funding & Key Investors

XetaWave has solidified its position within the industrial automation sector, securing a total capital infusion of $7.7M to bolster its engineering-driven product roadmap. The most recent strategic investment of $379K underscores the company's resilience and its critical role in providing high-performance wireless Ethernet SCADA solutions for demanding environments. By maintaining a focus on US-based manufacturing and in-house support, the firm continues to attract significant financial backing to scale its operations across the utilities, defense, and energy sectors.

What is XetaWave?

XetaWave
ManufacturingTelecommunication Equipment

XetaWave operates at the intersection of industrial IoT and mission-critical communications. The company specializes in the development of customizable wireless Ethernet SCADA radios, edge computing hardware, and advanced automation devices. By prioritizing a robust, engineering-first philosophy, XetaWave addresses the complex connectivity requirements of industries such as oil and gas, water management, and government infrastructure. Their product suite, which includes Debian-based Ethernet radios, is designed to ensure seamless data transmission in environments where reliability is non-negotiable. This commitment to domestic manufacturing and technical innovation positions XetaWave as a key player in the modernization of legacy industrial networks, enabling clients to achieve greater operational visibility and control through sophisticated, high-bandwidth wireless architectures.

How much funding has XetaWave raised?

XetaWave has raised a total of $7.7M across 3 funding rounds:

2013

Unspecified

$7M

2020

Debt

$350K

2021

Debt

$379K

Unspecified (2013): $7M, investors not publicly disclosed

Debt (2020): $350K led by PPP

Debt (2021): $379K supported by PPP

Key Investors in XetaWave

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed institutional backer providing capital to support long-term growth and strategic development in the industrial technology sector.

What's next for XetaWave?

With the recent influx of capital, XetaWave is well-positioned to accelerate its market penetration and refine its edge computing capabilities. The strategic roadmap likely involves expanding the deployment of its wireless Ethernet solutions into emerging smart-grid and defense-related applications, where secure and reliable data throughput is paramount. As the industrial sector continues its digital transformation, XetaWave's ability to provide bespoke, high-performance hardware will be a critical differentiator. Future growth will likely focus on scaling production capacity to meet the rising demand for resilient SCADA infrastructure, while simultaneously investing in R&D to maintain its competitive edge in wireless connectivity. The company's trajectory suggests a transition toward broader enterprise-level integration, solidifying its status as a foundational provider for critical infrastructure operators globally.

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Frequently Asked Questions Regarding XetaWave Financial Insights

What are the most recent funding rounds that XetaWave has completed, and what were the funding rounds?
XetaWave has recently completed 3 funding rounds: Debt on Jan 17, 2021, Debt on Apr 8, 2020, Unspecified on Sep 18, 2013.
What is the total amount of funding XetaWave has raised to date?
XetaWave has raised a total of $7.7M in funding to date.
How many funding rounds has XetaWave completed?
XetaWave has completed 3 funding rounds.
How much funding did XetaWave raise in its most recent funding round?
XetaWave raised $379K in its most recent funding round.
Who are the lead investors in XetaWave's latest funding round?
The lead investor in XetaWave'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 XetaWave's history?
The largest funding round in XetaWave's history was $7M.
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