Citrix Systems

Remote access and digital workspace solutions

Fort Lauderdale, Florida, United States

About Citrix Systems

Citrix specializes in remote access technology that allows users to work from any location. Its solutions ensure that applications are accessible, data is secure, and employees can remain productive regardless of their environment. Citrix's products work by providing software that enables seamless connectivity to applications and data over various networks and devices. This is particularly useful for organizations with remote or distributed teams. Unlike many competitors, Citrix focuses specifically on creating a comprehensive digital workspace that integrates remote access with security and management features. The goal of Citrix is to help organizations maintain operational efficiency and security in a mobile work environment, catering to a wide range of clients from large enterprises to small businesses.

Fort Lauderdale, FloridaHeadquarters
1989Year Founded
$34.9MTotal Funding
DEBTCompany Stage
Consumer Software, Enterprise SoftwareIndustries
10,001+Employees

Benefits

Parental Leave

Risks

Emerging remote access technologies may erode Citrix's market share.
Open-source virtualization solutions pose a threat to Citrix's proprietary offerings.
Competitors' AI-driven cybersecurity solutions may outpace Citrix's current offerings.

Differentiation

Citrix offers a comprehensive suite of remote access technologies for hybrid work.
The company provides robust security solutions with recent acquisitions of DeviceTrust and Strong Network.
Citrix's optimization of Microsoft Teams enhances its appeal to enterprise clients.

Upsides

Increased demand for hybrid work solutions boosts Citrix's digital workspace market position.
Recognition as a leader in Gartner Magic Quadrant enhances Citrix's competitive edge.
Partnership with Five9 improves user experience, potentially increasing customer satisfaction.

Funding

Total raised$34.91 M
Latest valuation$16.50 B
StageDEBT
$16.5 K
$16.50 B
SERIES F
12/31/2003
$20
$100.00 M
SERIES D
1/31/1993
$5
$24.00 M
SERIES C
11/30/1991
$5
$25.05 M
SERIES B
10/31/1990
$3
$15.20 M