xtype October 2024 Series A Funding Round

Xtype, a software company specializing in multi-instance management on the ServiceNow platform, has raised $21 million in a Series A funding round. The round was led by Norwest Venture Partners, with participation from ServiceNow Ventures, Columbia Capital, and Inner Loop Capital. This funding will help Xtype expand its platform, which provides real-time visibility, governance, and automation for managing ServiceNow instances across various environments. CEO Ron Gidron highlighted that the investment would further their mission to simplify ServiceNow operations for enterprise customers, enhancing compliance and productivity.