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Offers cloud-based omnichannel retail management software, iVend Retail, handling POS, eCommerce, inventory, and loyalty for mid-market retailers.
Based in New York, New York, CitiXsys provides cloud-based omnichannel retail management software that handles point-of-sale, eCommerce, inventory, pricing, promotions, and analytics for mid-market hospitality and retail businesses. The company delivers its flagship iVend Retail platform through a software-as-a-service subscription model, facilitating integrated operations via strategic partnerships with major enterprise systems including Sage, SAP, NCR, and Microsoft. Operating through a global network of certified channel partners across 14 international offices, the enterprise currently serves more than 1,500 customers spanning over 85 countries worldwide. The organization maintains a workforce of approximately 150 to 175 employees and generates estimated annual revenues between $17 million and $43 million. CitiXsys has secured $45 million in total funding to date, highlighted by a $20 million Series B investment round led by Housatonic Partners. CitiXsys was founded in 2005 by Kamal Karmakar.
CitiXsys has raised $80.0M across 2 funding rounds.
CitiXsys has raised $80.0M in total across 2 funding rounds.
CitiXsys has raised $80.0M in total across 2 funding rounds.
CitiXsys's investors include Terence Doherty, Housatonic Partners.
CitiXsys has raised $80.0M across 2 funding rounds. Most recently, it raised $60.0M Other Equity in November 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 9, 2019 | $60.0M Other Equity | Terence Doherty | |
| Oct 30, 2018 | $20.0M Series B | Housatonic Partners |