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Valuation

$115M

2021 Revenue

$3.2B

Customers

400K

Funding

$20M

Avg ACV

$8.1K

Team

4.4K

Founded

1989

How Citrix CEO Arlen Shenkman grew to $3.2B revenue and 400K customers in 2021.

Citrix Systems, Inc. is an American multinational software company that provides server, application and desktop virtualization, networking, software as a service, and cloud computing technologies.

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Citrix Revenue

In 2021, Citrix's revenue reached $3.2B. The company previously reported $1.1B in 2004. Since its launch in 1989, Citrix has shown consistent revenue growth.

Citrix Revenue GrowthReported revenue / ARR over time$0$750M$2B$2B$3B$4B19891991199319951997199920012003200520072009201120132015201720192021$0$1B$3BSource: GetLatka.com
YearMilestoneQuote
2021Citrix Hit $3.2b revenue in December 2021
2004Citrix Hit $1.1b revenue in January 2004
1989Launched with $0 revenue

Citrix Valuation, Funding Rounds

Citrix reached a $115M valuation in 2004, set during its Post-IPO Equity round.

Citrix has raised $20M in total funding across 1 round, most recently a $20M Post-IPO Equity round in 2004.

Citrix Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$25M$50M$75M$100M$125M1989199119931995199719992001200320041989 cumulative: $0 • 1989 Founded: $02004 cumulative: $20M • 1989 Founded: $0 • 2004 Post-IPO Equity: $20M @ $115M valuation$20M1989 Founded: $0 valuation2004 Post-IPO Equity: $115M valuation$115MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2004Post-IPO Equity$20M$115M17%

Founder / CEO

Arlen Shenkman

President and CEO at Citrix

Q&A

QuestionAnswer
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Customers

Citrix serves 400K customers.

Citrix Employees & Team Size

Citrix employs approximately 4.4K people as of 2026, down from 6.5K in 2023, including 1.1K sales reps that carry a quota. It serves 400K customers that rely on its solutions.

Citrix Team GrowthReported headcount over time02,5005,0007,50010,00012,5001989199119931995199719992001200320052007200920112013201520172019202120232025004,4054,405Source: GetLatka.com
YearMilestone
2025Reached 4.4K employees (July 2025)
2023Reached 6.5K employees (September 2023)
2023Reached 6.9K employees (January 2023)
2022Reached 8.1K employees (January 2022)
2021Reached 8.9K employees (August 2021)
2004Reached 11.4K employees (January 2004)

Frequently Asked Questions about Citrix

What is Citrix's revenue?

Citrix generates $3.2B in revenue.

Who founded Citrix?

Citrix was founded by Arlen Shenkman.

Who is the CEO of Citrix?

The CEO of Citrix is Arlen Shenkman.

How much funding does Citrix have?

Citrix raised $20M.

How many employees does Citrix have?

Citrix has 4.4K employees.

Where is Citrix headquarters?

Citrix is headquartered in San Bruno, California, United States.

Compare Citrix to the industry

Citrix operates across multiple industries. Browse revenue, funding, and growth data for Citrix 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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