8x8
United States
Valuation
$364.4M
2024 Revenue
$693.6M
Customers
10M
Funding
$253.1M
Avg ACV
$69
Team
1.7K
Founded
1987
8x8 Revenue, Valuation & Funding (2024)
8x8 is a technology company. It derives revenue from cloud-based enterprise-class software solutions. This is delivered through a Software as a Service business model, meaning that revenue is earned on a subscription basis. The company operates through two segments: America and Europe. The Americas segment is mostly North America and Europe is primarily the United Kingdom. In terms of revenue split, the Americas segment is the majority of sales. The company's product, known as 8x8 Virtual Office, is a business voice over Internet protocol service. The company generates the vast majority of its revenue in the United States.
Last updated
8x8 Revenue
In 2024, 8x8's revenue reached $693.6M. The company previously reported $121.5M in 2021. Since its launch in 1987, 8x8 has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | 8x8 Hit $693.6m revenue in December 2024 | investors.8x8.com |
| 2021 | 8x8 Hit $121.5m revenue in April 2021 | |
| 1987 | Launched with $0 revenue |
8x8 Valuation, Funding Rounds
8x8's most recent disclosed valuation is $364.4M.
8x8 has raised $253.1M in total funding across 3 rounds, most recently a $121.9M Post-IPO Equity round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Post-IPO Equity | $121.9M | - | - | |
| 2013 | Post-IPO Equity | $126M | - | - | |
| 2003 | Post-IPO Equity | $5.2M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
8x8 serves 10M customers.
8x8 Employees & Team Size
8x8 employs approximately 1.7K people as of 2026, down from 2K in 2023, including 481 sales reps that carry a quota. It serves 10M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 1.7K employees (December 2024) | |
| 2023 | Reached 2K employees (December 2023) | |
| 2022 | Reached 2.1K employees (January 2022) | |
| 2021 | Reached 2K employees (April 2021) |
Frequently Asked Questions about 8x8
What is 8x8's revenue?
8x8 generates $693.6M in revenue.
Who founded 8x8?
8x8 was founded by Dave Sipes.
Who is the CEO of 8x8?
The CEO of 8x8 is Dave Sipes.
How much funding does 8x8 have?
8x8 raised $253.1M across 3 rounds.
How many employees does 8x8 have?
8x8 has 1.7K employees.
Where is 8x8 headquarters?
8x8 is headquartered in United States.
Compare 8x8 to the industry
8x8 operates across multiple industries. Browse revenue, funding, and growth data for 8x8 in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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