Xtype is an Israeli startup that offers software for multi-instance management on the ServiceNow platform. The firm raised $21 million in a Series A funding round led by Norwest Venture Partners, with participation from ServiceNow Ventures and existing investors including Columbia Capital and Inner Loop Capital.
ServiceNow is a cloud-based software-as-a-service (SaaS) platform designed to help organizations manage their IT operations and service delivery. It provides a comprehensive set of tools for automating and streamlining various IT processes. Overall, ServiceNow is a powerful and flexible platform that can help organizations improve their IT operations and service delivery.
The increasing complexity of managing multiple instances has become a significant challenge for mid-sized and large enterprises. As organizations scale, tasks like version control, update set management, and synchronization across development, testing, and production environments become time-consuming and prone to errors. xtype’s platform addresses these challenges by providing a comprehensive overview of instance differences, automated synchronization capabilities, and governance tools that ensure secure and compliant operations throughout the entire process.
Founded in 2020 by CEO Ron Gidron, Peter Szulman, and Tobias Stanzel, xtype is the leading provider of multi-instance management for ServiceNow platform teams, providing real-time visibility, governance, and automation capabilities to simplify and accelerate delivery and compliance on the ServiceNow platform. Trusted by global enterprises in banking, insurance, healthcare, and beyond, xtype empowers teams to innovate faster, ensuring compliance and reducing operational risk.
“We are excited to have the support of such esteemed partners in both the tech and venture capital sectors. Their belief in our vision validates our approach and accelerates our mission to redefine multi-instance management for the ServiceNow platform,” said Ron Gidron, CEO and co-founder of xtype. “This funding validates our vision that multi-instance management is key to helping customers achieve as much value as possible from the ServiceNow platform. Our platform empowers teams to accelerate innovation, remain compliant, and increase productivity by gaining real-time insights into their entire ServiceNow ecosystem while automating complex processes to reduce risk and improve productivity.”
