Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Xtend Networks

Explore full profile

Broadband solutions for increasing the bandwidth of cable tv networks

Tel Aviv-Yafo, IsraelFounded 1999Consumer Services
Valuation $10–25M Last recorded · 2004
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Xtend Networks and the history behind them.

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 data

At a glance

Founded
1999
Headquarters
Tel Aviv-Yafo, Israel
Sector
Consumer Services

Investors

2 investors on the cap table

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
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇱 Israel · Tel Aviv-Yafo HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Xtend Networks on X, ranked by likes and reposts, corporate channels excluded.

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

See Xtend Networks on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.