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XenSource

Energy · Palo Alto, United States · Founded 2004

Manages cloud, server and desktop virtual infrastructures to optimize datacenters and automate management processes MoreLess

XenSource emerged from academic research at the University of Cambridge Computer Laboratory, centered on the Xen hypervisor. The foundational work began in 1999 with the XenoServers project, led by senior lecturer Ian Pratt. Pratt, along with his PhD student Keir Fraser, developed the core hypervisor, which allows multiple operating systems to run concurrently on the same hardware. Following the first public open-source release of Xen in 2003, Pratt and Fraser, joined by other Cambridge alumni like Simon Crosby, founded XenSource in early 2005 to commercialize the technology.

The company's core business was providing enterprise-grade virtual infrastructure solutions built upon the open-source Xen hypervisor. It operated on a hybrid business model, offering the Xen hypervisor as a free, open-source component while selling proprietary, value-added products like XenEnterprise. This commercial offering bundled the core Xen technology with management tools, targeting corporate customers in the server and desktop virtualization market. The strategy was to leverage the open-source community for core engine innovation while XenSource focused on building a complete, enterprise-ready product.

XenSource's product, the Xen hypervisor, is a type-1 or bare-metal hypervisor, meaning it runs directly on the host's hardware, providing a more secure and robust foundation for virtual machines. It supports various forms of virtualization, including paravirtualization (PV) and hardware-assisted virtualization (HVM), enabling it to run modified and unmodified guest operating systems like Linux and Microsoft Windows. A key milestone was a strategic partnership with Microsoft to ensure interoperability between Xen-based products and Microsoft's future hypervisor technology. This positioned XenSource as a significant alternative to the then-dominant player, VMware. In August 2007, just as the virtualization market was heating up, Citrix Systems announced its acquisition of XenSource for approximately $500 million. The deal was finalized in October 2007, and the XenSource team formed the core of a new virtualization division within Citrix. Keywords: XenSource, Citrix, Xen hypervisor, server virtualization, desktop virtualization, open-source, Ian Pratt, Simon Crosby, Keir Fraser, virtual machine monitor, paravirtualization, bare-metal hypervisor, data center virtualization, XenEnterprise, application delivery, cloud infrastructure, Cambridge Computer Laboratory, XenoServers, virtualization solutions, enterprise software

Company overview

XenSource company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2004
Headquarters
Palo Alto, United States
Employees
Open positions
None listed
Dealroom signal
19.0
client focusb2bsectorInfrastructure ServicessectorOpen SourcesectorVirtualizationsectorData AnalyticssectorHard TechindustryEnergyindustryHosting

Valuation & funding

XenSource funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Aug 2007 $500M $500M Citrix
SERIES CEquity / VC Oct 2006 $15M $60M Radar Partners · Accel · Kleiner Perkins · Sevin Rosen Funds
SERIES BEquity / VC Sep 2005 $17M $68M Kleiner Perkins · Sevin Rosen Funds · Accel · NEA
SERIES AEquity / VC Jan 2005 $6M $24M Intel Capital · Sevin Rosen Funds · Kleiner Perkins
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Growth signals

XenSource website traffic

Latest recorded traffic for XenSource is 220 monthly website visits, down 18.5% over the last three months.

Latest monthly visits220 3-month web change-18.5%
Monthly website visits63 observations · Oct 2017–Feb 2025
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Comparisons

XenSource compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

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Talent graph

XenSource's talent

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Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on XenSource's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 5 investors entered at this stage
Series B+ 1 investor entered at this stage
Radar Partners
Other known 2 additional known investors
Citrix
Presidio Ventures

Global footprint

Where XenSource has talent and traffic

Workforce by country
🇺🇸 United States · Palo Alto HQ
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In the news

Latest news about XenSource

Recent press, funding announcements, and product moves mentioning XenSource — open to read from the original sources.

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Market sentiment

What the market is saying about XenSource

An AI-synthesized read of the highest-engagement posts about XenSource on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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