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Xtium
Xtium - Mission-critical managed IT infrastructure and applications for companies and enterprise business units
About Xtium
Xtium, a managed IT services provider, emerged from the strategic merger of two established technology firms, ATSG and Evolve IP. This union, finalized in late 2023, created a company focused on delivering secure and efficient IT solutions for mid-market and enterprise clients. The company operates under the ownership of RunTide Capital, a private equity firm that acquired Evolve IP in October 2023, paving the way for the merger with its existing portfolio company, ATSG. The leadership team is spearheaded by Tim B. Binet, who serves as the Chief Executive Officer.
The core of Xtium's business is to function as a trusted IT partner for businesses navigating complex technological landscapes. Its business model revolves around providing a suite of managed services, generating revenue through recurring contracts and service fees. The company targets organizations that require robust IT infrastructure without the overhead of a large internal department, helping them to mitigate risks, improve operational efficiency, and scale their operations. Xtium's market is the competitive managed services sector, where it differentiates itself by integrating enterprise-grade cybersecurity into its offerings from the ground up.
Xtium's service portfolio is comprehensive, covering several key areas of modern IT. A significant offering is its virtual desktop infrastructure (VDI), which allows employees to access their work environments securely from any location. This is complemented by a full suite of unified communications services, designed to streamline collaboration and communication within client organizations. Cybersecurity is a foundational pillar of their services, with a security-first approach embedded in all solutions to protect clients from an evolving threat landscape. The company also leverages AI technologies to enhance its service delivery and provide proactive support.
Source: Dealroom company dataAt a glance
- Founded
- 2007
- Headquarters
- Upper Merion Township, United States
- Sector
- Infrastructure Services
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
OpenView Venture Partners
Source: Dealroom Talent Intelligence.
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