xtype, a Covina, CA-based software company for multi-instance management on the ServiceNow platform, raised $21M in Series A funding.
The round was led by Norwest Venture Partners, with participation from ServiceNow Ventures and existing investors including Columbia Capital, Inner Loop Capital, and SaaS Ventures.
The company intends to use the funds to accelerate the expansion of its presence globally, ensuring more businesses can take complete control of their ServiceNow environments quickly and precisely.
Led by CEO Ron Gidron, xtype is a provider of multi-instance management for ServiceNow platform teams, providing real-time visibility, governance, and automation capabilities to simplify and accelerate delivery and compliance on the ServiceNow platform. The platform offers comprehensive visibility into instance differences, automated synchronization, and governance tools that ensure secure and compliant operations at every stage. Used by global enterprises in banking, insurance, healthcare, and beyond, it empowers teams to innovate faster, ensuring compliance and reducing operational risk.
The company also has offices in Israel and Austria.
FinSMEs
01/10/2024