Xtend Networks
Broadband solutions for increasing the bandwidth of cable tv networks
About Xtend Networks
Xtend Networks, legally registered as XTEND Reality Inc., was established in 2018 by co-founders Aviv Shapira (CEO), Matteo Shapira (CXO), Rubi Liani (CTO), and Adir Tubi (COO). The founders, brothers Aviv and Matteo Shapira, previously co-founded Replay Technologies, a company acquired by Intel in 2016 for $175 million, bringing a track record of successful an exit in the technology sector. Headquartered in Tel Aviv, Israel, with a significant and expanding presence in the United States, the company specializes in developing AI-assisted tactical unmanned aerial systems for military and security applications.
The company's core business revolves around its proprietary XOS operating system, an AI-driven platform designed to simplify the control of drones and robots. This system allows a single operator, with minimal training, to manage multiple semi-autonomous drones simultaneously using intuitive interfaces like VR goggles and joysticks. The business model targets the defense, homeland security, and public safety sectors, generating revenue through contracts with governmental bodies and sales of its hardware and software solutions. Xtend has secured significant contracts with the U.S. Department of Defense and Israel's Ministry of Defense. To support its growing U.S. contracts, Xtend opened a U.S. headquarters and manufacturing facility in Tampa, Florida.
Xtend's product line includes several drone systems, such as the Wolverine, a tactical drone with a robotic arm; the Griffon, for intercepting other drones; and the Xtender, a micro-tactical drone for indoor environments. A key differentiator is the XOS operating system, which is hardware-agnostic, meaning it can control third-party devices. This platform combines human intelligence with machine autonomy, enabling operators to execute complex missions in unpredictable environments from a safe distance. The system's capabilities are enhanced by features like GPS-free indoor navigation, which was strengthened by the 2023 acquisition of Singapore-based Performance Rotors. The company has demonstrated considerable growth, doubling its sales annually and raising a total of $90 million in funding over six rounds, including a $70 million Series B round completed in July 2025.
Source: Dealroom company dataAt a glance
- Founded
- 1999
- Headquarters
- Tel Aviv-Yafo, Israel
- Sector
- Consumer Services
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Syntek Capital
Giza Venture Capital
Source: Dealroom Talent Intelligence.
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