XenSource
Energy · Palo Alto, United States · Founded 2004
Manages cloud, server and desktop virtual infrastructures to optimize datacenters and automate management processes MoreLess
XenSource emerged from academic research at the University of Cambridge Computer Laboratory, centered on the Xen hypervisor. The foundational work began in 1999 with the XenoServers project, led by senior lecturer Ian Pratt. Pratt, along with his PhD student Keir Fraser, developed the core hypervisor, which allows multiple operating systems to run concurrently on the same hardware. Following the first public open-source release of Xen in 2003, Pratt and Fraser, joined by other Cambridge alumni like Simon Crosby, founded XenSource in early 2005 to commercialize the technology.
The company's core business was providing enterprise-grade virtual infrastructure solutions built upon the open-source Xen hypervisor. It operated on a hybrid business model, offering the Xen hypervisor as a free, open-source component while selling proprietary, value-added products like XenEnterprise. This commercial offering bundled the core Xen technology with management tools, targeting corporate customers in the server and desktop virtualization market. The strategy was to leverage the open-source community for core engine innovation while XenSource focused on building a complete, enterprise-ready product.
XenSource's product, the Xen hypervisor, is a type-1 or bare-metal hypervisor, meaning it runs directly on the host's hardware, providing a more secure and robust foundation for virtual machines. It supports various forms of virtualization, including paravirtualization (PV) and hardware-assisted virtualization (HVM), enabling it to run modified and unmodified guest operating systems like Linux and Microsoft Windows. A key milestone was a strategic partnership with Microsoft to ensure interoperability between Xen-based products and Microsoft's future hypervisor technology. This positioned XenSource as a significant alternative to the then-dominant player, VMware. In August 2007, just as the virtualization market was heating up, Citrix Systems announced its acquisition of XenSource for approximately $500 million. The deal was finalized in October 2007, and the XenSource team formed the core of a new virtualization division within Citrix. Keywords: XenSource, Citrix, Xen hypervisor, server virtualization, desktop virtualization, open-source, Ian Pratt, Simon Crosby, Keir Fraser, virtual machine monitor, paravirtualization, bare-metal hypervisor, data center virtualization, XenEnterprise, application delivery, cloud infrastructure, Cambridge Computer Laboratory, XenoServers, virtualization solutions, enterprise software
Valuation & funding
XenSource funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2007 | $500M | $500M | Citrix | — |
| SERIES C✓Equity / VC | Oct 2006 | $15M | $60M | Radar Partners · Accel · Kleiner Perkins · Sevin Rosen Funds | — |
| SERIES B✓Equity / VC | Sep 2005 | $17M | $68M | Kleiner Perkins · Sevin Rosen Funds · Accel · NEA | — |
| SERIES A✓Equity / VC | Jan 2005 | $6M | $24M | Intel Capital · Sevin Rosen Funds · Kleiner Perkins | — |
Growth signals
XenSource website traffic
Latest recorded traffic for XenSource is 220 monthly website visits, down 18.5% over the last three months.
Comparisons
XenSource compared with similar companies
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Talent graph
XenSource's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where XenSource has talent and traffic
In the news
Latest news about XenSource
Recent press, funding announcements, and product moves mentioning XenSource — open to read from the original sources.
Market sentiment
What the market is saying about XenSource
An AI-synthesized read of the highest-engagement posts about XenSource on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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