
Investments
38Portfolio Exits
19Funds
2Partners & Customers
10Service Providers
3About Citrix
Citrix builds secure, unified, and digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. The company provides users with a seamless work experience and IT teams with a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. Citrix serves the healthcare, education, government, financial services, manufacturing, and retail industries. The company was founded in 1989 and is based in Fort Lauderdale, Florida. On September 30th, 2022, Citrix merged with TIBCO Software.

Want to inform investors similar to Citrix about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Expert Collections containing Citrix
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Citrix in 1 Expert Collection, including Conference Exhibitors.
Conference Exhibitors
5,302 items
Research containing Citrix
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Citrix in 3 CB Insights research briefs, most recently on Jan 30, 2023.

Latest Citrix News
Feb 2, 2023
iTWire Thursday, 02 February 2023 12:09 Boomi appoints Arlen Shenkman as president and CFO Featured 0 Arlen Shenkman, Boomi President and CFO Intelligent connectivity and automation provider Boomi has appointed former executive vice president and Chief Financial Officer at Citrix, Arlen Shenkman as President and CFO. Boomi has also appointed former President, Corporate Marketing at SAP Alison Biggan as Chief Marketing Officer (CMO). Boomi says Shenkman and Biggan bring more than 25 years of experience “driving business transformation and world-class marketing strategies across multinational, public cloud computing and enterprise software technology companies”. Arlen Shenkman formerly served as EVP and CFO of Citrix Systems, and prior to Citrix held multiple executive roles at SAP, including EVP and Global Head of Business Development and Ecosystems, CFO of SAP North America (SAP’s largest business unit), and Global Head of Corporate Development. The new appointments follow the recentl appointiment of Steve Lucas as CEO. “Boomi believes that building and maintaining connections is fundamental to not only business, but humanity,” said Lucas. “Arlen and Alison’s extraordinary track records as enterprise software leaders at some of the most well-recognized brands in the industry — coupled with our unparalleled platform and innovation — will usher Boomi to unprecedented heights as we continue our mission to connect everyone, to everything, anywhere.” Shenkman has a J.D (Juris Doctor) degree from the University of Miami School of Law, an M.B.A. from the Fox School of Business at Temple University, and a bachelor’s degree in political science from George Washington University. He has also completed the London Business School’s Corporate Finance Program and serves on the Boards of Directors of Commvault and AspenTech and as a director on the Pennsylvania Academy of Fine Arts board of trustees. Boomi says Alison Biggan, has over 20 years of experience leading high-performing teams in enterprise software, and ”brings an extensive track record of delivering marketing excellence.” “Most recently, Biggan served as President, Corporate Marketing at SAP leading SAP's digital, brand, events, customer, and partner marketing teams globally across the entire SAP portfolio. Prior to that, she led Product and Field Marketing, served as the COO of the global marketing organisation, and was an integral part of SAP's cloud transformation,” says Boomi. “A proven leader, Biggan joined SAP through the acquisition of Business Objects and prior to SAP, held marketing leadership roles at Crystal Decisions, Business Objects, and Sophos. Biggan attended the University of British Columbia and holds a Bachelor of Arts degree and a diploma in Marketing Communications from the British Columbia Institute of Technology.” Read 23 times It's all about Webinars. Marketing budgets are now focused on Webinars combined with Lead Generation. If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event. The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page. Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview. We look forward to discussing your campaign goals with you. Please click the button below.
Citrix Investments
38 Investments
Citrix has made 38 investments. Their latest investment was in Ananda Networks as part of their Seed VC on August 8, 2020.

Citrix Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/19/2020 | Seed VC | Ananda Networks | $6M | Yes | Citrix , Cyber Mentor Fund, Gefen Capital, GreatPoint Ventures, J Ventures, JiranPartners, MizMaa Ventures, and Undisclosed Angel Investors | 2 |
6/29/2018 | Series B | Veridium | $16.5M | Yes | Citrix , Michael Powell, and Michael Spencer | 5 |
5/23/2018 | Seed VC | Cloudtenna | $4M | Yes | Blazar Ventures, and Citrix | 1 |
3/8/2018 | Series B | |||||
10/10/2017 | Series B |
Date | 8/19/2020 | 6/29/2018 | 5/23/2018 | 3/8/2018 | 10/10/2017 |
---|---|---|---|---|---|
Round | Seed VC | Series B | Seed VC | Series B | Series B |
Company | Ananda Networks | Veridium | Cloudtenna | ||
Amount | $6M | $16.5M | $4M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Citrix , Cyber Mentor Fund, Gefen Capital, GreatPoint Ventures, J Ventures, JiranPartners, MizMaa Ventures, and Undisclosed Angel Investors | Citrix , Michael Powell, and Michael Spencer | Blazar Ventures, and Citrix | ||
Sources | 2 | 5 | 1 |
Citrix Portfolio Exits
19 Portfolio Exits
Citrix has 19 portfolio exits. Their latest portfolio exit was Incoming Media on March 05, 2018.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/5/2018 | Acquired | 2 | |||
2/2/2017 | Merger | Citrix Systems - GoTo | 1 | ||
2/1/2017 | Spinoff / Spinout | Citrix Systems - GoTo | 1 | ||
Date | 3/5/2018 | 2/2/2017 | 2/1/2017 | ||
---|---|---|---|---|---|
Exit | Acquired | Merger | Spinoff / Spinout | ||
Companies | Citrix Systems - GoTo | Citrix Systems - GoTo | |||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 1 | 1 |
Citrix Acquisitions
46 Acquisitions
Citrix acquired 46 companies. Their latest acquisition was Wrike on January 19, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/19/2021 | Series B | $26M | Acquired | 48 | ||
11/15/2018 | Series B | $26.5M | Acquired | 10 | ||
2/12/2018 | Series B | $29.75M | Acquired | 2 | ||
1/10/2017 | Series D | |||||
9/9/2016 |
Citrix Fund History
2 Fund Histories
Citrix has 2 funds, including Citrix Startup Accelerator.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
5/9/2011 | Citrix Startup Accelerator | Early-Stage Venture Capital | Open | $0.41M | 1 |
Citrix Systems & Citrix Development Corp |
Closing Date | 5/9/2011 | |
---|---|---|
Fund | Citrix Startup Accelerator | Citrix Systems & Citrix Development Corp |
Fund Type | Early-Stage Venture Capital | |
Status | Open | |
Amount | $0.41M | |
Sources | 1 |
Citrix Partners & Customers
10 Partners and customers
Citrix has 10 strategic partners and customers. Citrix recently partnered with Kyndryl on September 9, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/29/2022 | Partner | United States | `` Kyndryl and Citrix have worked side-by-side as longstanding partners for nearly two decades , and we 're thrilled to continue growing our relationship and customer offerings with Citrix , '' said Ivan Dopplé , General Manager , Kyndryl . | 2 | |
9/19/2022 | Partner | Finland | VTT and CITRIS (U.S.) to establish The objective of the partnership is to drive strategic knowledge transfer and build a strong network between VTT and CITRIS . | 1 | |
7/26/2022 | Partner | United States | City of Corona Modernizes IT with Citrix® to Support Remote Work As a Citrix Systems , Inc. Ready ™ Partner , NVIDIA virtual GPU technology is verified to work with Citrix and Desktops ™ to power virtual workstations , desktops , and apps with an immersive user experience that keeps employees productive and engaged . | 1 | |
7/11/2022 | Partner | ||||
6/9/2022 | Partner |
Date | 9/29/2022 | 9/19/2022 | 7/26/2022 | 7/11/2022 | 6/9/2022 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | Finland | United States | ||
News Snippet | `` Kyndryl and Citrix have worked side-by-side as longstanding partners for nearly two decades , and we 're thrilled to continue growing our relationship and customer offerings with Citrix , '' said Ivan Dopplé , General Manager , Kyndryl . | VTT and CITRIS (U.S.) to establish The objective of the partnership is to drive strategic knowledge transfer and build a strong network between VTT and CITRIS . | City of Corona Modernizes IT with Citrix® to Support Remote Work As a Citrix Systems , Inc. Ready ™ Partner , NVIDIA virtual GPU technology is verified to work with Citrix and Desktops ™ to power virtual workstations , desktops , and apps with an immersive user experience that keeps employees productive and engaged . | ||
Sources | 2 | 1 | 1 |
Citrix Service Providers
4 Service Providers
Citrix has 4 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acquired | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Citrix Team
59 Team Members
Citrix has 59 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Edward E Iacobucci | VirtualWorks, DayJet, and IBM | Founder | Current |
Name | Edward E Iacobucci | ||||
---|---|---|---|---|---|
Work History | VirtualWorks, DayJet, and IBM | ||||
Title | Founder | ||||
Status | Current |
Compare Citrix to Competitors

Jscrambler, previously known as AuditMark, specializes in web security to protect web and mobile applications. Its flagship product Jscrambler is a provider of JavaScript Application Security and is a client-side RASP solution to make apps self-defensive and resilient to tampering and reverse-engineering.

Yottaa provides an all-in-one cloud service that enables site owners to monitor websites for problem detection and prevent, optimize websites for better performance and SEO, and defend against failures and threats. The company's services include site availability and performance monitoring, web performance optimization, content delivery, mobile acceleration, and website security. The company was founded in 2009 and is based in Waltham, Massachusetts.

Kasada is a provider of automated threat detection services. Kasada's flagship product Polyform protects websites and web applications from automated, or bot, attacks, from credential stuffing to click fraud, account takeover, and scraping, in turn ensuring digital marketing and web analytics are accurate. The firm serves the construction, hospitality, technology, sports, and real estate industries. It was founded in 2015 and is based in Chippendale, Australia.
NS8 is an eCommerce company that provides abuse, fraud, and user experience protection tools. The company uses behavioral analytics, real-time user scoring, and global monitoring to optimize and protect against threats, which give eCommerce merchants insight into their real customers.

Wallarm provides an application security platform which combines active threat verification engine and a NG-WAF. It applies machine learning to traffic to adaptively generate security rules and verifies the impact of malicious payloads in real time.

Netsparker develops desktop and cloud based automated web application security scanners. Its vulnerability scanning technology enables users to easily and automatically detect SQL Injection, cross-site scripting and other vulnerabilities in websites, web applications and web services.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.