Xaptum is building the future communications infra-structure for IoT. Xaptum's product offering, the Xaptum Edge Network Fabric™, is the world’s first edge computing infrastructure (that acts as a Reverse CDN) for peering machines, sensors, actuators and IoT devices with Cloud Platforms and IP Networks, to securely exchange context driven messages in real-time at massive scale.
Xaptum is a key enabler in the Application Enablement & Services market segment, providing massive scalable transaction interconnects between applications, IoT devices and networks -- the missing link to accelerate IoT adoption worldwide. Xaptum’s Edge Network Fabric™ solves the unique cyber-security, data transit and application enablement complexities required to scale the IoT ecosystem and accelerate IoT adoption worldwide -- a $49 Billion addressable market opportunity by 2024.
As first to market, Xaptum and its channel partners are well positioned to lead this high growth market.
Xaptum is a key enabler in the Application Enablement & Services market segment, providing massive scalable transaction interconnects between applications, IoT devices and networks -- the missing link to accelerate IoT adoption worldwide. Xaptum’s Edge Network Fabric™ solves the unique cyber-security, data transit and application enablement complexities required to scale the IoT ecosystem and accelerate IoT adoption worldwide -- a $49 Billion addressable market opportunity by 2024.
As first to market, Xaptum and its channel partners are well positioned to lead this high growth market.
Location: United States, Illinois, Chicago
Employees: 11-50
Total raised: $3.1M
Founded date: 2013
Founders name: David Bild
Founders Related Locations: India, Karnataka, Bengaluru; United States, Illinois, Chicago; United States, Illinois, Schaumburg; United States, New York, New York
Investors 3
| Date | Name | Website |
| - | VCapital | vcapital.c... |
| - | Hyde Park ... | hpa.vc |
| - | Illinois V... | illinoisve... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 02.10.2018 | - | $3.1M | VCapital |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | David | Bild | Co-Founder | linkedin.c... | - | - |
Mentions in press and media 6
| Date | Title | Description |
| 08.02.2021 | UMBC incubator’s CYNC program has a national reach in 2021 | Over 10 years, bwtech@UMBC Cyber Incubator’s CYNC program has become a mainstay among initiatives offering resources to Baltimore-area startups. The UMBC incubator created the program through a strategic partnership with aerospace and defen... |
| 12.11.2020 | Industry 4.0 Will Help Fuel Economy Post Election | The Midwest will be a leader in the Fourth Industrial revolution.getty |
| 05.07.2017 | How IOT is Growing and Why We Need to Adapt to Its Changes | People First is the Hyde Park Angels podcast dedicated to deconstructing entrepreneurial success into actionable takeaways you can use today. Hyde Park Angels is the most active early-stage investor in Chicago with a commitment to taking a ... |
| 24.05.2017 | The IOT Opportunity: How to Achieve Its Growth Potential What Is the Internet of Things? Opportunities in the Space Which Companies Lead in IOT Innovation? What Will It Take to See IoT Become Wide... | This post was contributed by HPA Member Hardik Bhatt, who has spent the last decade in the Internet of Things (IOT) space, previously heading up Cisco’s global business development for IOT for the public sector and currently serving as the ... |
| 06.05.2016 | 10 Chicago Internet of Things Startups to Watch | The midwest is quietly becoming a hub for the Internet of Things. The Illinois Technology Association recently catalogued 75 IoT companies in Chicago and the Midwest, highlighting the vast amount of work and research currently being done in... |
| 22.04.2016 | What We Learned About Emerging Innovation Trends in the Midwest from the Chicago Venture Summit 1) Unicorns Don’t Just Live on the Coasts 2) There Are Platform Opportunities Beyond Mobile 3) Corpor... | Since launching eighteen months ago, the Chicago Venture Summit has quickly become a mecca for venture capitalists across the country to learn more about and meet with Midwest tech startups on the rise. Last year’s participating startups al... |