XTEN-AV, a California-based provider of professional audio-visual design and proposal software, announced it has received a minority investment from Resideo Technologies.
According to a company press release, XTEN-AV 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, senior vice-president and chief experience officer, ADI Global Distribution, a Resideo division. “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.”
“We are excited about the support from Resideo and ADI, as it enables us to reach a broader audience globally,” added 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.”
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