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How 8x8 CEO Dave Sipes grew 8x8 to $693.6M revenue and 10M customers in 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.

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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.

8x8 Revenue GrowthReported revenue / ARR by year$0$150M$300M$450M$600M$750M19871989199119931995199719992001200320052007200920112013201520172019202120232024$0$694MSource: GetLatka.com
YearMilestone
20248x8 Hit $693.6m revenue in December 2024Source
20218x8 Hit $121.5m revenue in April 2021
1987Launched 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.

8x8 Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$60M$120M$180M$240M$300M19871989199119931995199719992001200320052007200920112013201520172019202120221987 cumulative: $0 • 1987 Founded: $02003 cumulative: $5M • 1987 Founded: $0 • 2003 Post-IPO Equity: $5M2013 cumulative: $131M • 1987 Founded: $0 • 2003 Post-IPO Equity: $5M • 2013 Post-IPO Equity: $126M2022 cumulative: $253M • 1987 Founded: $0 • 2003 Post-IPO Equity: $5M • 2013 Post-IPO Equity: $126M • 2022 Post-IPO Equity: $122M$253M1987 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Post-IPO Equity$121.9M--
2013Post-IPO Equity$126M--
2003Post-IPO Equity$5.2M--

8x8 Employees & Team Size

8x8 employs approximately 1.7K people as of 2026, down from 2K in 2023.

8x8 has 1.7K total employees in different roles and functions and 481 sales reps that carry a quota. They have 10M customers that rely on the company's solutions.

8x8 Team GrowthReported headcount over time05001,0001,5002,0002,50019871989199119931995199719992001200320052007200920112013201520172019202120232024001,6991,699Source: GetLatka.com
YearMilestone
2024Reached 1.7K employees (December 2024)
2023Reached 2K employees (December 2023)
2022Reached 2.1K employees (January 2022)
2021Reached 2K employees (April 2021)

Founder / CEO

Dave Sipes

Dave Sipes is listed as Founder / CEO at 8x8.

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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.

How many employees does 8x8 have?

8x8 has 1.7K employees.

Where is 8x8 headquarters?

8x8 is headquartered in United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

8x8 Revenue 2024: $693.6M ARR, $364.4M Valuation