Xyte

Xyte is an AI-powered cloud platform that enables hardware manufacturers to transform their products into subscription-based services.

Industrial Technologies
Active
Series A Ramat Gan, Israel Founded 2019
Last updated 2026-07-26
Total raised
$36.4M
Last: Undisclosed Round 2024-01
Stage
Series A
Founded
2019
Headcount
125
HQ
Ramat Gan, Israel
Sector
Industrial Technologies

About

Xyte provides an all-in-one servitization platform, Xyte Device Cloud (XDC), for device and hardware manufacturers. It allows OEMs across various industries to connect, manage, and commercialize their connected devices, transitioning from one-time product sales to integrated solutions that combine hardware, software, and services. The platform offers features like device provisioning, remote diagnostics, over-the-air (OTA) updates, subscription billing, asset management, remote support, e-commerce, and financing. Xyte also incorporates AI capabilities to improve productivity and automation, including analyzing operational data, supporting purchasing decisions, and enhancing customer support. Xyte was founded to solve the complexity, fragmentation, and fragility of connecting and managing large fleets of devices in the cloud. The company's cloud platform provides device manufacturers with a comprehensive, white-labeled system for managing their customers, resellers, and devices, enabling clients to propose new subscription-based business models and realize the full potential of their connected products. As Xyte continues to grow, they are extending the platform with advanced AI capabilities, applying intelligence directly to real-world device data to help teams move from reactive support to efficient, data-driven AV operations at scale.

Funding history · 3 rounds · $36.4M total

2024-01
A Round $20.0M
★ Intel CapitalSamsung NextMindset VenturesSamsung Next TLV
2024-01
Debt Financing $10.0M
★ BlackRock
2021-10
Seed $6.4M
★ S Capital VCLiad AgmonSequoia CapitalMindset VenturesRani Wellingstein

Headcount over time

From 2 (2020-09) to 52 (2026-03) · +50 (+2500%) · 29 points · source: Finder history + radar grounding
530 2020-09 2026-03

Q&A

What is Xyte's primary business?
Xyte is an AI-powered cloud platform that enables hardware manufacturers to transform their products into subscription-based services. It provides an all-in-one servitization platform, Xyte Device Cloud (XDC), for device and hardware manufacturers to connect, manage, and commercialize their connected devices.
How much funding has Xyte raised in total?
Xyte has raised a total of $46.4 million USD.
When did Xyte complete its latest equity funding round and who were the lead investors?
In January 2024, Xyte completed an A Round funding round of $30 million USD. Lead investors included Intel Capital and BlackRock.
What was Xyte's most recent debt financing round?
In September 2023, Xyte secured $10 million USD in debt financing, with Kreos Capital and BlackRock as lead investors.
Where is Xyte's headquarters located?
Xyte's headquarters is located in Ramat Gan, Israel.
Who are the co-founders of Xyte?
The co-founders of Xyte are Omer Brookstein (Co-founder & CEO) and Boris Dinkevich (Co-founder & CTO).
What is the Xyte Device Cloud (XDC) platform designed to do?
The Xyte Device Cloud (XDC) platform is designed to allow OEMs to transition from one-time product sales to integrated solutions that combine hardware, software, and services, offering features like device provisioning, remote diagnostics, and subscription billing.

Team · 2

Omer Brookstein
Founder · Co-founder & CEO
Boris Dinkevich
Founder · Co-founder & CTO

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesProcess Automation & Intelligence Systems
Technologies
Platforms & InterfacesAPISoftwareData StorageCloud
Target customers
Industrial ManufacturingIndustrial EquipmentMachineryEngineeringManufacturing FacilitiesDiscrete IndustriesSemiconductors & ElectronicsAutomotivePrintingEnterprise & Professional ServicesITService Providers
Business model
B2B

Highlights

Verified

Tags

iotindustry-4-0remote-monitoring
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitexyte.ai
LinkedInlinkedin.com/company/36082092
Facebookfacebook.com/xyte.io
Instagraminstagram.com/xyte.io

Identifiers & details

Legal nameXyte Technologies Ltd.
Former namesSyncPro
Founded2019
Employees (exact)125
OfficesSan Jose; Hoboken

Radar intelligence

Open jobs — comeet

Total open2
Remote0
By departmentSales (2)
By locationUSA, NJ (2)
TitleLocationDepartment
Sales Development Representative (SDR)USA, NJSales
Senior Sales Manager (NJ)USA, NJSales

GitHub

Top reposnodejs-agent, xyte-cli, crestron_library, SSharpPro_library, xyte_logger

Web history (Wayback)

Domainxyte.ai

Certificate / subdomain footprint

Subdomains3

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)516209061
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2020-06-17
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2025
Active charges / liens0
Registry events4 — charge (2), annual_report (1), violation (1)
Registered addressשוהם 2 רמת גן

Recent registry events

DateEvent
2025-08-06רישום שעבוד
2025-08-06דו~ח שנתי-הקצאת מניות
2025-08-06עדכון הפרה
2025-09-03סילוק שעבוד