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S Capital

Xyte, developer of the first all-in-one servitization platform for device and hardware manufacturers, today announced a $30 million investment round, which includes $20 million in Series A funding led by Intel Capital, with participation from Samsung Next and existing investors S Capital and Mindset Ventures, as well as $10 million in venture lending from funds and accounts managed by BlackRock. In conjunction with the financing, Roi Bar-Kat, Israel Country Manager and Managing Director at Intel Capital, will join Xyte’s board of directors.

Israel-based Xyte Secures $30M Funding

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