What is Xi3?
Xi3 Corporation, established in 2010 and based in Salt Lake City, Utah, operates under the philosophy of "The Power of X." This approach involves a modular, building-block methodology applied to both its hardware solutions and software applications. The company is known for its distinctive Xi3 Modular Computer design, characterized by its unique three-sided casing. Xi3's innovation extends to its microSERV3R product line, positioning the company as a notable entity in the development of customizable and adaptable computing systems.
How much funding has Xi3 raised?
Xi3 has raised a total of $29.6M across 3 funding rounds:
Debt
$570K
Debt
$10M
Private Equity
$19M
Debt (2013): $570K, investors not publicly disclosed
Debt (2014): $10M, investors not publicly disclosed
Private Equity (2014): $19M, investors not publicly disclosed
What's next for Xi3?
The recent major strategic investment signals a pivotal phase for Xi3 Corporation, likely aimed at accelerating product development, expanding market reach, and enhancing its technological infrastructure. With a foundation built on a unique modular computing approach, Xi3 is poised to leverage this capital to further solidify its position in the enterprise technology landscape. Future initiatives may focus on scaling production, forging new strategic partnerships, and continuing to innovate within the hardware and software solutions domain, driven by the company's core "Power of X" principle.
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