xtype, a Covina, CA-based agile software delivery company, raised $10.8M in funding.
The round was led by Columbia Capital and Innerloop Capital, with participation from SaaS Ventures and other investors.
The company intends to use the funds to meet increased demand and expand product development.
Founded by Tobias Stanzel, Ron Gidron, and Peter Szulman, xtype is reimagining the agile software delivery approach on the ServiceNow platform. The company offers an off-the-shelf option for customers to meet any level of demand on the ServiceNow platform and drive improved business outcomes at scale. xtype achieves this through its ServiceNow-native applications. It has over 7,000 enterprises using its platform for their software deployments.
FinSMEs
24/10/2023