What is XiO?
XiO, Inc. provides the Acuity Hub, a secure, cloud-native SCADA and IIoT platform engineered for industrial operations. This robust solution offers real-time data analytics, remote control capabilities, and multi-site visibility, empowering operators and management to optimize decision-making and enhance operational efficiency. The platform is particularly focused on transforming water and wastewater operations, alongside other industrial verticals, by seamlessly integrating operational data and preserving critical institutional knowledge. Through Acuity Hub, XiO enables organizations to refine their processes and bolster overall system reliability.
How much funding has XiO raised?
XiO has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in XiO
PPP
Public-Private Partnership
What's next for XiO?
The substantial late-stage funding context suggests XiO is poised for significant scaling and market expansion. This strategic investment will likely fuel further development of the Acuity Hub platform, enhance its market penetration in water and wastewater sectors, and potentially broaden its reach into new industrial applications. The company is well-positioned to leverage this capital to solidify its leadership in industrial IoT and SCADA solutions, driving innovation and operational excellence for its clients.
See full XiO company page
