When was xG Technology founded?

xG Technology was founded in 2002 and raised its 1st funding round 7 years after it was founded.

Where is xG Technology located?

xG Technology is headquartered in Sarasota, United States. It is registered at Sarasota, Florida.

How many employees does xG Technology have?

As of Aug 31, 2026, the latest employee count at xG Technology is 37.

Is xG Technology a funded company?

xG Technology is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 16, 2009.

When was the latest funding round of xG Technology?

xG Technology's latest funding was a $***** Post IPO round on Dec 14, 2018, with participation from 0 investor.

What is the annual revenue of xG Technology?

Annual revenue of xG Technology is between $10M and $50M as on Dec 31, 2017

Where does xG Technology rank among its competitors?

xG Technology ranks 9th amongst 58 active competitors, of which 21 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Edgewater Wireless, which secured $25.6K in Jun, 2026.

Who are the top competitors of xG Technology?

xG Technology's top competitors include Cohere, Digital Global Systems and Federated Wireless. Among them, Edgewater Wireless secured the most recent funding round in June, 2026.

xG Technology - 2026 Company Profile, Team, Funding, Competitors & Financials

xG Technology is a public company based in Sarasota (United States), founded in 2002 by Rick Mooers. It operates as a Trusted online gambling site offering slots, lottery, and casino games. xG Technology has raised an undisclosed amount in funding. The company has 58 active competitors, including 21 funded and 17 that have exited. Its top competitors include companies like Cohere, Digital Global Systems and Federated Wireless.

Company Details

Trusted online gambling site offering slots, lottery, and casino games. This platform provides a variety of online betting options, including slot games, online lottery (togel), and classic casino experiences. Players can find a range of slot games with high-quality graphics and sound effects, alongside lottery options with potential winning opportunities. The site emphasizes user experience with features like customer support, multiple deposit and withdrawal methods, and bonuses. It aims to deliver an engaging and potentially rewarding online gambling environment with a focus on security and reliability. The platform caters to players interested in online slots, lottery, and casino games, offering a diverse selection of gaming experiences.

Website: xgtechnology.com
Social
Email ID: *****@xgtechnology.com
Registered Address: Sarasota, Florida

Key Metrics

Founded Year

2002

Location

Sarasota, United States

Stage

Public

Latest Funding Round

Post IPO, Dec 14, 2018, $*****

Investors

Ignite 500 & 1 more

Ranked

9^th among 58 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2017

Employee Count

37 as on Aug 31, 2026

Investment & Acquisitions

Vislink & 2 more

Similar Companies

Cohere & 34 more

Exit Details

Public

View xG Technology's full profile

xG Technology is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
xG Technology, Inc CIN: 20-5856795001 , United States, Active	Dec 31, 2001	-	22 (As on Dec 31, 2022)	-
Xg Technology, Inc. CIN: 205856795 , United States, Active	Dec 31, 1999	$10M - $50M (As on Dec 31, 2017)	49 (As on Dec 31, 2024)	-

xG Technology got listed on Jul 19, 2011.

Click here to take a look at xG Technology's IPO in detail

xG Technology has raised funding over 5 rounds. Its first funding round was on Dec 16, 2009. xG Technology has 2 institutional investors.

Here is the list of recent funding rounds of xG Technology:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2018	1239367	Post IPO	4502545	9955864	9014748	9706020
May 29, 2018	7563635	Post IPO	9445245	8329354	1878250	5690231
Dec 28, 2016	7458861	Post IPO	3609127	2414617	4736922	5781288

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View details of xG Technology's funding rounds and investors

The founders of xG Technology is Rick Mooers.

Here are the details of xG Technology's key team members:

Rick Mooers: Co-Founder and Chairman of xG Technology.

View details of xG Technology's Founder profiles and Board Members

xG Technology's employee count trend

xG Technology has 37 employees as of Aug 26. Here is xG Technology's employee count trend over the years:

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Top competitors of xG Technology include Cohere, Digital Global Systems and Federated Wireless. Here is the list of Top 10 competitors of xG Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cohere 2009, Santa Clara (United States), Series D	Provider of wireless telecommunication infrastructures	$130M	Nea, BCE & 15 others	62/100
2nd	Digital Global Systems 2012, Beltsville (United States), Acquired	Optimizing wireless networks and protecting critical assets with RF technology	$33.3M	Ancora, Business Innovation Network & 1 others	59/100
3rd	Federated Wireless 2012, Arlington (United States), Series D	AI-native solutions unlocking shared and unlicensed spectrum for enhanced wireless connectivity	$213M	American Tower, Fortress & 11 others	57/100
4th	Edgewater Wireless 1988, Ottawa (Canada), Public	Wireless access points provider	-	-	57/100
5th	DeepSig 2016, Arlington (United States), Series A	Developer of AI-native software enhancing wireless communication and spectrum awareness	$14.4M	Scout Ventures, Leawood Venture Capital & 8 others	57/100
6th	Opanga Networks 2005, Seattle (United States), Series C	AI-powered network optimization platform improving network efficiency and customer experience	$41.7M	Delta Partners, Grayhawk Capital & 6 others	56/100
7th	Seven Networks 2000, Marshall (United States), Series D	Mobile technology innovator optimizing performance, protecting privacy, and enhancing user experiences	$106M	Greylock Partners, Ignition Partners & 8 others	56/100
8th	Skyfire 2007, San Francisco (United States), Acquired	Mobile video optimization and browser extension solutions provider	$36M	Lightspeed Venture Partners, Trinity Ventures ... & 3 others	55/100
9th	xG Technology 2002, Sarasota (United States), Public	Trusted online gambling site offering slots, lottery, and casino games	-	Ignite 500, Blooston, Mordkofsky, Dickens, Duffy & Prendergast, ... Read more	53/100
10th	Propel 1999, San Jose (United States), Acqui-Hired	Internet acceleration and network optimization solutions provider	$12.3M	MSD Capital	50/100

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xG Technology has acquired 3 companies including Vislink, Integrated Microwave Technologies and Integrated Microwave Technologies. xG Technology 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
Oct 20, 2016	Acquisition	Vislink	1999	Hungerford (United Kingdom)
Jan 19, 2016	Acquisition	Integrated Microwave Technologies	2010	Mount Olive (United States)
Nov 03, 2014	Acquisition	Integrated Microwave Technologies	2010	Mount Olive (United States)