xMatters - About the company
xMatters is an acquired company based in San Ramon (United States), founded in 2000. It operates as a Cloud-based incident management software provider. xMatters has raised $88.3M in funding from investors like Goldman Sachs, JMI Management and Golub Growth, with last known valuation of $*****. The company has 110 active competitors, including 26 funded and 8 that have exited. Its top competitors include companies like PagerDuty, BigPanda and incident.io.
Company Details
xMatters is a cloud-based incident management software provider. It provides IT management, business continuity, business operations, and IoT solutions. The IT incident management solution reduces MTTR by sending targeted notifications. xMatters can directly plug into the workflow of cloud-based or on-premise existing systems. Gives one-click conference capabilities to gather the appropriate team members on a conference bridge and provides recipients with menu-based response options and the ability to add comments.
- Website
- www.xmatters.com/
- Registered Address
- San Ramon, California
Key Metrics
Founded Year
2000
Location
San Ramon, United States
Stage
Acquired
Total Funding
$88.3M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 01, 2018
Investors
Ranked
5th among 110 active competitors
Employee Count
79 as on Sep 30, 2026
Exit Details
Acquired by Everbridge (Apr 06, 2021)
Legal entities associated with xMatters
xMatters is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
XMATTERS INC. CIN: 680453059 , United States, Active | Dec 31, 1999 | - | 65 (As on Dec 31, 2021) | - |
xMatters's acquisition details
xMatters got acquired by Everbridge on Apr 06, 2021 at an acquisition amount of $*****.
Click here to take a look at xMatters's acquisition in detail
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xMatters's funding and investors
xMatters has raised a total funding of $88.3M over 6 rounds. Its first funding round was on Aug 21, 2007. xMatters has 8 institutional investors.
Here is the list of recent funding rounds of xMatters:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 18, 2018 | 2418433 | Series D | 6295646 | 6846213 | 6003910 | 4401918 |
Feb 20, 2018 | 5533936 | Series D | 8997641 | 3136772 | 3948666 | 9854915 |
Feb 06, 2017 | 5377361 | Series D | 9855423 | 7486698 | 2896825 | 5593233 |
View details of xMatters's funding rounds and investors
xMatters' founders and board of directors
Founder? Claim ProfilexMatters' employee count trend
xMatters has 79 employees as of Sep 26. Here is xMatters's employee count trend over the years:
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xMatters's Competitors and alternates
Top competitors of xMatters include PagerDuty, BigPanda and incident.io. Here is the list of Top 10 competitors of xMatters, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PagerDuty 2009, San Francisco (United States), Public | Cloud based platform offering incident management software | $174M | 83/100 | |
2nd | BigPanda 2012, Redwood City (United States), Series E | Cloud based IT infrastructure monitoring software | $340M | 70/100 | |
3rd | incident.io 2021, San Francisco (United States), Series B | Cloud based security and information management systems provider | $96.2M | 66/100 | |
4th | Gremlin 2016, San Jose (United States), Series B | Provider of reliability platform for chaos engineering and disaster recovery testing | $26.8M | 65/100 | |
5th | xMatters 2000, San Ramon (United States), Acquired | Cloud-based incident management software provider | $88.3M | 63/100 | |
6th | Traversal 2023, New York City (United States), Series A | Developer of an AI platform for incident resolution and prevention | $53M | 63/100 | |
7th | Resolve AI 2024, San Francisco (United States), Series A | Provider of an AI platform for incident resolution and cost optimization | $200M | 63/100 | |
8th | NeuBird 2023, Redwood City (United States), Seed | Provider of agentic artificial intelligence for autonomous incident resolution solutions | $63.8M | 62/100 | |
9th | InsightFinder 2015, New York City (United States), Series B | Provider of AI and IT observability solutions for enterprise organizations | $35M | 61/100 | |
10th | Rootly 2020, San Francisco (United States), Series A | Provider of an AI-native platform for on-call and incident management | $15.2M | 59/100 |
Looking for more details on xMatters's competitors? Click here to see the top ones
xMatters's Investments and acquisitions
xMatters has made no investments or acquisitions yet.
Reports related to xMatters
Here is the latest report on xMatters's sector:
News related to xMatters
Media has covered xMatters for 1 event in last 1 year.
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Everbridge xMatters Ranks No. 1 on G2’s Top 20 IT Alerting Software ListBusiness Wire•Mar 24, 2026•xMatters
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Mattermost Announces Appointments of New CFO and VP of Legal and Promotion of VP of Human ResourcesGlobeNewswire•Dec 20, 2022•Mattermost, Lumos Law, Cleary Gottlieb, Latham & Watkins and 2 others
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Critical Event Management (CEM) Provider Everbridge to Acquire xMattersBusiness Wire•Apr 07, 2021•Everbridge, xMatters
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New xMatters Feature Advancements Power a Data-Driven DevOps Approach to Automated Incident ResponseBusiness Wire•Feb 24, 2021•xMatters
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xMatters Successfully Completes SOC 2 Examination, Demonstrating High Standards for Security and AvailabilityBusiness Wire•Jan 14, 2021•xMatters
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xMatters Reveals Platform Advancements That Usher in New Era of Incident Management Powered by AutomationBusiness Wire•Sep 15, 2020•xMatters
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xMatters Expands Google Cloud Integrations to Deliver End-to-End Incident Response and ManagementBusiness Wire•Aug 11, 2020•xMatters, Google
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