Open-Xchange
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 41.3m | 45.5m | 43.8m | 44.4m | 41.1m | 46.5m | 46.5m |
% growth | - | 10 % | (4 %) | 1 % | (7 %) | 13 % | - |
EBITDA | - | 2.2m | (1.2m) | (2.3m) | (<1m) | - | - |
% EBITDA margin | - | 5 % | (3 %) | (5 %) | - | - | - |
Profit | (2.9m) | <1m | (2.6m) | (4.3m) | (1.8m) | - | - |
% profit margin | (7 %) | 2 % | (6 %) | (10 %) | (4 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
$8.8m | Series A | ||
$9.0m | Series B | ||
$20.0m | Series C | ||
$5.2m | Series C | ||
* | €21.0m | Series D | |
Total Funding | $66.1m |
Recent News about Open-Xchange
EditOpen-Xchange is a leading provider of secure and private communication solutions, catering primarily to businesses and service providers. The company operates in the software and IT services market, offering a suite of products that include email, collaboration tools, and DNS services. Open-Xchange's core products are designed to ensure high standards of privacy and security, addressing the growing demand for secure communication in the digital age. The company generates revenue through a subscription-based model, where clients pay for access to its software solutions and services. Open-Xchange also runs a public bug bounty program to enhance the security of its products, incentivizing external researchers to identify and report vulnerabilities. The company's commitment to privacy and security is evident in its adherence to stringent industry standards and its proactive approach to vulnerability management.
Keywords: secure communication, private email, collaboration tools, DNS services, software solutions, IT services, subscription model, bug bounty, privacy standards, vulnerability management.