Xyte Device Cloud (XDC) is the first all-in-one servitization platform purpose-built for device and hardware manufacturers. It enables OEMs across different industries to cloudify, service, support, and commercialize their connected devices in one place, transforming them into integrated business solutions that combine hardware, software, and services. With XDC, device and hardware manufacturers can manage the complete lifecycle of their connected devices - from the minute they leave the warehouse to the moment they reach customers and through aftermarket sales. Our out-of-the-box applications for asset management, remote support, ecommerce & subscription management, and financing help OEMs gain market share, implement new business models, optimize operational efficiencies, and develop sustainable customer relationships.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/16/24 | $30,000,000 | Series A |
BlackRock Intel Capital  Mindset Ventures S Capital Samsung NEXT | undisclosed |
