Citrix Systems

Citrix Systems

Remote access and digital workspace solutions

About Citrix Systems

Simplify's Rating
Why Citrix Systems is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

$34.9M

Headquarters

Fort Lauderdale, Florida

Founded

1989

Overview

Company Historically Provides H1B Sponsorship

Citrix specializes in remote access technology that allows users to work from anywhere. Their solutions ensure that applications are accessible, data is secure, and employees can remain productive regardless of their location or the devices they use. Citrix serves a wide range of clients, from large enterprises to small businesses, across various industries. The company stands out from competitors by focusing specifically on remote access and digital workspace management, which helps organizations maintain efficiency and security in a mobile work environment. The goal of Citrix is to enable seamless remote work experiences for organizations, ensuring that they can operate effectively in a distributed setting.

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Funded Recently
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Simplify's Take

What believers are saying

  • Increased demand for hybrid work solutions boosts Citrix's digital workspace technologies.
  • Citrix's ZTNA offerings position it well in the growing remote workforce market.
  • AI integration in cybersecurity enhances Citrix's threat detection and response capabilities.

What critics are saying

  • Emerging remote access solutions like Parallels RAS increase competition for Citrix.
  • Recent security vulnerabilities in NetScaler devices may impact Citrix's brand reputation.
  • Integration challenges from acquisitions like Unicon could lead to operational inefficiencies.

What makes Citrix Systems unique

  • Citrix offers a comprehensive Workspace-as-a-Service portfolio for diverse industries.
  • The company specializes in remote access technology for seamless work from any location.
  • Citrix's solutions ensure app availability and data security across devices and platforms.

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Funding

Total Funding

$34.9M

Below

Industry Average

Funded Over

7 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Parental Leave

Company News

Techzine
Jan 23rd, 2025
Citrix acquires thin-client vendor Unicon

Citrix, part of Cloud Software Group, recently acquired Unicon. The acquisition amount was not disclosed. Unicon, founded in 1993 and based in Karlsruhe,

Alan Hodson
Dec 30th, 2024
EUC News and Updates - December 2024

Last month, Citrix, a business unit of Cloud Software Group, Inc., announced the general availability of Citrix DaaS(TM) for Amazon WorkSpaces Core from Amazon Web Services (AWS).

VM Virtual Machine
Dec 18th, 2024
Citrix NetScaler devices targeted with password spraying attacks

Citrix has just released Citrix Cloud Gateway 2, which now includes the new MDX mobile experience technology.

Citrix
Dec 16th, 2024
Experience the difference: New optimization for Microsoft Teams in Citrix environments

Citrix is excited to announce that Microsoft has started rolling out general availability for its new VDI solution for Microsoft Teams optimized for Citrix Virtual Apps and Desktops, a core component of the Citrix platform.

Citrix
Dec 13th, 2024
Citrix Secure Private Access delivers ZTNA in hybrid mode

Delivering on that request, Citrix is announcing the availability of Citrix Secure Private Access for hybrid deployments, a ZTNA solution that gives you the flexibility to route your sensitive application traffic through your on-premises NetScaler Gateway while using the Citrix Cloud-hosted UI for configuration, policy management, and observability.

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