XTEN-AV secures strategic investment from Resideo Technologies

UNION CITY, Calif. – XTEN-AV, a provider of professional audio-visual design and proposal software, has announced it has received a minority investment from Resideo Technologies.

XTEN-AV said that this investment marks a significant milestone for the company and prepares it for expanded growth across the Pro AV industry. The company provides a collaborative software platform for integrators to conceptualize designs and streamline proposal processes.

"We continue to see Pro AV as a growth category, and we're investing in technology to help drive the industry forward," said Stu Tisdale, SVP and chief experience officer, ADI Global Distribution. "We recognize the value XTEN-AV's platform delivers, and we're excited to support them to advance their software platform and help deliver greater impact to customers."

XTEN-AV's cloud-based solution integrates design and drawing tools with proposal software, and represents a catalyst for positive change the company said. The platform's device and personnel agnostic approach ensures that critical project data is readily accessible, fostering collaboration and enhancing project management.

"We are excited about the support from Resideo and ADI, as it enables us to reach a broader audience globally," noted Vibhav Singh and Sahil Dhingra, co-founders of XTEN-AV. "This strategic investment not only strengthens our position in the market but also signifies a shared vision of advancing the Pro AV industry through innovation and efficiency."

The investment will support accelerated product development and enhanced support to XTEN-AV's growing user base.