How Much Did XMission Raise?
Funding & Key Investors

XMission, a long-standing provider of Internet connectivity, email hosting, and cloud services, has recently secured a major strategic investment as part of its large-scale late-stage funding efforts. This capital infusion, with the total funding amount indicated as $350K and the recent funding amount being $350K, underscores the company's continued relevance and strategic importance in the competitive digital infrastructure landscape. The recent financing round, dated April 28, 2020, signifies a pivotal moment for the Salt Lake City-based firm, known for its commitment to quality service and customer privacy since its inception in 1993.

What is XMission?

XMission
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesVoIP

Founded in 1993, XMission stands as one of the oldest and most experienced Internet companies in the United States. Headquartered in Salt Lake City, the company offers a comprehensive suite of services including business Internet connectivity, email hosting, digital phone services, cloud hosting, professional services, and server colocation. XMission differentiates itself from larger providers by emphasizing exceptional technical support and a deep commitment to open-source platforms, customer privacy, and freedom of speech. Demonstrating its dedication to sustainability, XMission became the first ISP in Utah to operate on 100% renewable energy in 2007 and achieved ENERGY STAR certification in 2017. Its SOC 2 certification and PCI compliance further highlight its focus on security and reliability. The company also actively supports Utah's nonprofit sector through free web hosting and sponsorships.

How much funding has XMission raised?

XMission has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for XMission?

The recent major strategic investment positions XMission for continued growth and operational enhancement within its established market. As a company with a strong foundation in providing reliable Internet services and a commitment to ethical business practices, this financing is expected to bolster its infrastructure, expand its service offerings, and reinforce its competitive edge. The strategic capital will likely enable XMission to further invest in its data center capabilities, enhance its renewable energy initiatives, and maintain its high standards of customer support and privacy. This move signals a forward-looking approach, ensuring XMission remains a trusted and innovative partner for businesses seeking dependable digital solutions.

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Frequently Asked Questions Regarding XMission Financial Insights

What are the most recent funding rounds that XMission has completed, and what were the funding rounds?
XMission has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding XMission has raised to date?
XMission has raised a total of $350K in funding to date.
How many funding rounds has XMission completed?
XMission has completed 1 funding rounds.
How much funding did XMission raise in its most recent funding round?
XMission raised $350K in its most recent funding round.
Who are the lead investors in XMission's latest funding round?
The lead investor in XMission'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 XMission's history?
The largest funding round in XMission's history was $350K.
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