Xyte Technologies Ltd.

www.xyte.io

Formerly SyncPro

High-Tech Company

TECH VERTICALS

Cloud, Connected Devices AI Infrastructure, Enterprise Applications, IoT

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2020
Number of Employees	50
Employees in Israel	30
Reg. Number:	abCDe

DESCRIPTION

Xyte Device Cloud (XDC) is an innovative 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. Its 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.

TECHNOLOGY

Xyte developed a system that allows the users to manage hardware devices, from coffee machines and computers through the cloud. The company's platform allows the users to manage the entire life cycle of their connected devices: from the moment they leave the warehouse until they reach customers and remote support service after the sale.

	TARGET MARKETS
	Manufacturers of devices and accessories that are connected to the internet, such as coffee machines, systems, audio, screens and computers.

	BUSINESS MODEL
	B2B

COMPETITORS

Thethings.Io , Davra , 3D Dassault Systems

CONTACT INFO

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Main Address: Ramat Gan, Israel

Address	19 HaYetsira St.
City	Ramat Gan
Country	Israel
Zip	5252157

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: New Jersey, United States

City	New Jersey
State/Province	NJ
Country	United States

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Omer Brookstein	CEO & Co-Founder
Mr. Boris Dinkevich	CTO & Co-Founder
Mr. Yuval Cohen	CFO	Massivit (CFO)
Mr. Andrew Gross	GM, US & VP, Sales
Ms. Lital Grossman	VP, Marketing
Mr. Tal Reis	VP, R&D	MetalParking (CTO & VP, R&D)
Ms. Aya Schickler	VP, Business Operations	Finesse Partners (Business Development Manager)
Mr. Ran Zaksh	VP, Product	Arti (VP, Product)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	CEO & Co-Founder, Xyte
abC Defghij	Board Member	CTO & Co-Founder, Xyte
abC Defghij	Board Member	Managing Partner & Founder, S-Capital
abC Defghij	Board Member	Managing Partner & Founder, S Capital
abC Defghij	Advisory Board Member	Advisor, Stellex Capital Management
abC Defghij	Board Member	Head of Intel Capital, Israel

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

First Round

Aug. 06, 2023

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Led the round
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe

Venture Lending

Oct. 26, 2022

Initial Revenues

abCDe

Seed - Extended

Jan. 01, 2022

Seed

abCDe

Seed

May. 01, 2021

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Apr. 26, 2022

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Feb. 06, 2020

Seed

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe