Tech Company Financing Transactions
xtype Funding Round
xtype, based in Tel Aviv, raised $10.8 million in funding from Columbia Capital, Inner Loop Capital and SaaS Venture Capital.
Transaction Overview
Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$10,800,000
Round
Undisclosed
Investors
Columbia Capital (Lead Investor) (Jason Booma)
Inner Loop Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to meet increased demand and expand product development.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Avshalom Haviv 4
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
ServiceNow is the most robust platform for managing IT and developing enterprise applications; we believe it should also be the most agile platform. To realize that value, we built xtype -- a deployment and release automation platform native to ServiceNow -- that triples customers' ability to deliver new features and applications in a way that accelerates digital transformation for competitive advantage. Want to learn more? Come join us!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ron Gidron
Chief Technical Officer
Peter Szulman
Vice President
Tobi Stanzel
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About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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