When was Xait founded?

Xait was founded in 2000 and raised its 1st funding round 16 years after it was founded.

Where is Xait located?

Xait is headquartered in Stavanger, Norway. It is registered at The Woodlands,Texas.

How many employees does Xait have?

As of Jul 31, 2026, the latest employee count at Xait is 94.

Is Xait a funded company?

Xait is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Oct 19, 2016.

When was the latest funding round of Xait?

Xait's latest funding was a $***** PE round on Oct 19, 2016, with participation from 1 investor.

Where does Xait rank among its competitors?

Xait ranks 121st amongst 4966 active competitors, of which 384 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Egnyte, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Xait?

Xait's top competitors include Automattic, Box and Kaltura. Among them, Egnyte secured the most recent funding round in February, 2025.

Xait - 2026 Company Profile, Team, Funding, Competitors & Financials

Xait is an acquired company based in Stavanger (Norway), founded in 2000 by Owe Liebjelland. It operates as a Cloud-based platform for document management. Xait has raised an undisclosed amount in funding. The company has 4966 active competitors, including 384 funded and 407 that have exited. Its top competitors include companies like Automattic, Box and Kaltura.

Company Details

Xait is a cloud-based document and team collaboration software. It allows teams to collaboratively create projects, manage documents, review and share with teams. The Product "XaitPorter" provides data and document quality management and automates the document process. It enables users to manage document versions and work on the projects in real-time.

Website: www.xait.com/
Social
Email ID: *****@xait.com
Phone Number: +47 **********
Registered Address: The Woodlands,Texas

Key Metrics

Founded Year

2000

Location

Stavanger, Norway

Stage

Acquired

Latest Funding Round

PE, Oct 19, 2016, $*****

Investors

Viking Venture

Ranked

121^st among 4966 active competitors

Employee Count

94 as on Jul 31, 2026

Investment & Acquisitions

SAE Applications for Digitalization & 2 more

Similar Companies

Box & 4637 more

Exit Details

Acquired by Main Capital Partners (Jul 21, 2025)

View Xait's full profile

Xait is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Xait AS CIN: 982339243 , United States, Active	Aug 31, 2009	-	34 (As on Dec 31, 2021)	-
XAIT, INC. CIN: 743232814 , United States, Active	Dec 31, 1999	-	7 (As on Dec 31, 2024)	-

Xait got acquired by Main Capital Partners on Jul 21, 2025.

Click here to take a look at Xait's acquisition in detail

Xait has raised funding over 1 round. Its latest funding round was a PE round on Oct 19, 2016 for $*****. 1 investor participated in its latest round. Xait has 1 institutional investor.

Here is the list of recent funding rounds of Xait:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2016	6190398	PE	3459043	4500616	6341474	6523071

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View details of Xait's funding rounds and investors

The founders of Xait is Owe Liebjelland.

Here are the details of Xait's key team members:

Owe Liebjelland: Co-Founder of Xait.
Eirik Gudmundsen: CEO of Xait.

View details of Xait's Founder profiles and Board Members

Xait's employee count trend

Xait has 94 employees as of Jul 26. Here is Xait's employee count trend over the years:

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Top competitors of Xait include Automattic, Box and Kaltura. Here is the list of Top 10 competitors of Xait, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Automattic 2005, San Francisco (United States), Series E	Developer of open-source content management system	$896M	Tiger Global Management, Endurance International Group ... & 32 others	85/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	80/100
3rd	Kaltura 2006, New York City (United States), Public	Provider of video solutions for webinars, events, hubs, and virtual classrooms	$145M	Goldman Sachs Investment Partners, ORIX & 16 others	78/100
4th	Dropbox 2007, San Francisco (United States), Public	Cloud-based enterprise collaboration platform for enterprise file sharing	$607M	Sequoia Capital, T. Rowe Price & 63 others	77/100
5th	Egnyte 2006, Mountain View (United States), Series F	Platform that offers data governance and file sharing solutions	$136M	Northgate Capital, Goldman Sachs Investment Partners ... & 13 others	75/100
6th	WeTransfer 2009, Amsterdam (Netherlands), Acquired	Cloud-based file sharing and file transfer application	$63.8M	HPE Growth, Highland Capital Partners & 2 others	74/100
7th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
8th	Acquia 2007, Boston (United States), Acquired	Provider of a digital experience platform for content, community, and commerce	$174M	North Bridge Venture Partners, Centerview Capital ... & 18 others	71/100
9th	eMudhra 2008, Bengaluru (India), Public	Provider of digital signature certificates, PKI, and e-signature solutions	$26.2M	Nippon, Axis Growth & 34 others	71/100
10th	BitTorrent 2004, San Francisco (United States), Acquired	Cloud-based file sharing software provider	$35.8M	Binance Labs, Accel & 10 others	70/100
121st	Xait 2000, Stavanger (Norway), Acquired	Cloud-based platform for document management	-	Viking Venture	51/100

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Xait has acquired 3 companies including SAE Applications for Digitalization, Privia and BlueprintCPQ. Xait has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 01, 2026	Acquisition	SAE Applications for Digitalization		Germany
Jun 18, 2021	Acquisition	Privia	2001	Herndon (United States)
Dec 07, 2020	Acquisition	BlueprintCPQ	1999	Glossop (United Kingdom)