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Xora, Inc.
Fintech · Mountain View, United States · Founded 1999
A suite of configurable mobile apps and a web-based management application that helps mobile businesses operate efficiently MoreLess
Xora, Inc. was a key player in the mobile workforce management sector, providing cloud-based solutions designed to enhance the productivity and efficiency of field-based employees. Founded in 1999, the company established its headquarters in Mountain View, California, and catered to businesses reliant on a mobile workforce. One of the co-founders, Ananth Rani, had a background that included roles at Oracle and KLA-Tencor, which provided him with a strong foundation in enterprise systems and product strategy. This experience was instrumental in shaping Xora's product development and market positioning.
The company's business model was centered around a Software-as-a-Service (SaaS) subscription, offering a suite of configurable mobile applications and a web-based management platform. This platform enabled companies to track the location and activities of their mobile workers, essentially turning any mobile device into a productivity tool. Xora's services included features like wireless timecards and GPS tracking. The company generated revenue by charging a subscription fee for access to its StreetSmart application, which was recognized by Frost & Sullivan with a Market Share Leadership Award in 2012. Its client base consisted of a wide range of industries, with a significant portion in the computer software and retail sectors. Xora primarily targeted small and medium-sized businesses, leveraging partnerships with major wireless carriers like Verizon, AT&T, and Sprint to distribute its solutions.
A significant milestone in Xora's history was the acquisition of its largest competitor, Gearworks, in 2009. This strategic move solidified Xora's market leadership. Over its lifetime, the company raised a total of $48.5 million in funding from investors such as Rho Capital Partners and Dawntreader Ventures. In February 2014, Xora, Inc. was acquired by ClickSoftware Technologies for approximately $15 million. Following the acquisition, Xora continued to operate as a wholly-owned subsidiary, with its then-CEO, Anne Bonaparte, remaining as president. The acquisition was a strategic move for ClickSoftware to expand its portfolio to include solutions for small and medium-sized businesses and to gain access to Xora's distribution channels through wireless carriers. Ultimately, ClickSoftware itself was acquired by Salesforce in 2019.
Keywords: mobile workforce management, field service management, SaaS, GPS tracking, mobile resource management, StreetSmart application, Ananth Rani, ClickSoftware, mobile time tracking, employee location tracking, field employee productivity, fleet management solutions, wireless timecards, mobile business applications, workforce optimization, field operations management, SMB field services, remote team management, mobile data collection, work order management
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Xora, Inc.'s talent
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Investors
4 investors on Xora, Inc.'s cap table
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