Valuation
$364.4M
2024 Revenue
$693.6M
Customers
10M
Funding
$253.1M
Avg ACV
$69
Team
1.7K
Churn
10%
Founded
1987
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.
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 |
|---|---|
| 2024 | 8x8 Hit $693.6m revenue in December 2024Source |
| 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 |
|---|---|---|---|---|
| 2022 | Post-IPO Equity | $121.9M | - | - |
| 2013 | Post-IPO Equity | $126M | - | - |
| 2003 | Post-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.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how 8x8 acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
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.
People Also Viewed

IMC Companies
IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, expedited services, customs, and more.

Navan
Navan, Inc. (formerly TripActions) is a privately held American corporate travel and expense management company headquartered in Palo Alto, California. It offers travel, expense, and corporate card management solutions to automate manual processes and drive spend visibility.

Rubrik
Provider of cloud infrastructure technology designed for data protection, search, analytics, archival and copy data management. The company's Rubrik Cloud Data Management, offers live data access for recovery and application development by fusing enterprise data management with web-scale IT and eliminating backup software, enabling companies to manage data at scale while realizing data-driven services anytime, anywhere.

Arctic Wolf
Using the cloud-native Arctic Wolf® Platform, we help organizations end cyber risk by providing security operations as a concierge service. Arctic Wolf solutions include Arctic Wolf® Managed Detection and Response (MDR), Managed Risk, Managed Security Awareness, and Incident Response; each delivered by our Concierge Delivery Model. Highly-trained security experts work as an extension of internal teams to provide 24×7 monitoring, detection and response, as well as ongoing risk management to proactively protect organizations while continually strengthening their security posture.

Motive
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.

BYJU'S
Provider of an online learning application. The company offers home-based learning programs for students in grades 4-12, as well as for competitive exams such as the CAT, IAS, GRE and GMAT through video lessons by teachers and adaptive testing modules for personalized learning.
Compare 8x8 to the industry
8x8 operates across multiple industries. Browse revenue, funding, and growth data for 8x8 in each sector below.
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 .
