Xyte

Cloud Services Management Platform for Hardware Manufacturers, Integrators, and In-House AV/IT teams

Industrial Technologies
Active
Series A Ramat Gan Founded 2019
Total raised
$26.4M
Last: Series A 2024-01
Stage
Series A
Founded
2019
Headcount
52
HQ
Ramat Gan
Sector
Industrial Technologies

About

Xyte Device Cloud delivers comprehensive benefits to the entire AV ecosystem by providing a single interface to manage all AV, UC, and intelligent building devices and spaces in the cloud. The Xyte Connect+ ecosystem enables system integrators and dealers to launch or expand their managed services business, creating recurring revenue streams through remote issue resolution and comprehensive device monitoring. With Xyte, AV and IT departments gain full visibility over their device fleet, reducing downtime, improving operational efficiencies, and extending device lifespans. Through Xyte, hardware manufacturers empower their customers and dealers with a cloud-based remote monitoring and management solution while building a foundation for powerful new subscription models. Xyte’s customers use our award-winning business and commerce platform to connect their products to the cloud, remotely manage and support those devices, and introduce premium feature upgrades, license entitlements and warranties, and other as-a-Service offerings.

Funding history · 3 rounds · $26.4M total

2024-01
Series A $20.0M
2024-01
Debt Financing $10.0M
2021-11
Seed $6.4M

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