XAware, Inc.

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XAware, Inc. - overview

Established

1999

Location

Newport Beach, CA, US

Primary Industry

Software

About

XAware, Inc. specializes in providing a unique digital asset through its domain name, empowering businesses to enhance their online branding and visibility across various industries. Founded in 1999 and headquartered in Newport Beach, US, XAware, Inc. operates as a provider of brandable domain names.


The firm has undergone a strategic pivot and was acquired by Sparxent, a portfolio of vSpring Capital, in May 2009. The company has completed a total of 6 deals, raising a total of USD 7. 40 mn in funding, with the latest round being Venture Debt, amounting to USD 0. 15 mn.


XAware. com offers a distinctive domain name that serves as a powerful branding tool for businesses seeking to establish a strong digital presence. The core product is the domain itself, marketed as a brandable asset ideal for various industries looking to enhance their online visibility. This offering is particularly tailored for clientele in North America, Europe, and Asia.


XAware. com also provides additional services, such as a complimentary logo design with the purchase, thereby enhancing the overall value proposition for customers. The revenue model for XAware. com is primarily based on domain sales, with a pricing structure that includes options for direct purchases or payment plans.


Customers can acquire the domain for USD 11,499, with the option for a down payment and monthly installments. Revenue is generated through direct sales to businesses and individuals seeking a strong online identity, leveraging the unique characteristics of the domain to secure their brand presence in targeted geographical markets. The most recent deal in May 2009 has positioned XAware, Inc. for potential future growth.


Plans include the introduction of new products aimed at enhancing brand visibility, though specific release dates have not been disclosed. The company is also looking to expand its market presence, particularly targeting new clients in the Asian market by the end of 2023, leveraging recent funding to support marketing and development initiatives.


Current Investors

ITU Ventures, Gefinor Capital, Sequel Venture Partners

Primary Industry

Software

Sub Industries

Application Integration Software

Website

www.xaware.com

Company Stage

Add-on

Total Amount Raised

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