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Citrix

San Bruno, California, United States

Acquired For · 2022

$16.5B

2021 Revenue

$3.2B

Customers

400K

Funding

$20M

Avg ACV

$8K

Team · 2025

4.4K

Founded

1989

Citrix Revenue, Valuation & Funding (2021)

Citrix generated $3.2B in revenue in 2021. Source: Company Website

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.

Last updated

Citrix Revenue

In 2021, Citrix's revenue reached $3.2B. The company previously reported $741.2M in 2004.

Citrix Revenue GrowthReported revenue / ARR over time$0$750M$1.5B$2.3B$3B$3.8B19891991199319951997199920012003200520072009201120132015201720192021$0$741.2M$3.2BSource: GetLatka.com
YearMilestoneSource
2021Citrix revenue for 2021: $3.2bCompany Website
2004Citrix revenue for 2004: $741.2mCompany Website
1989Launched with $0 revenue

Citrix Valuation, Funding Rounds

Citrix reached a $16.5B valuation in 2022.

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$0$4B$5M$8B$10M$12B$15M$16B$20M$20B$25M198919911993199519971999200120032005200720092011201320152017201920212022$16.5BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2022AcquisitionExit-$16.5B-vistaequitypartners.com
2004Post-IPO Equity$20M$115M17%Not recorded

Founder / CEO

Arlen Shenkman

CEO

Arlen Shenkman joined Citrix as executive vice president and chief financial officer in 2019, arriving from SAP, where his roles included CFO of SAP North America and global head of business development and ecosystems. Citrix provides virtualization, networking, and cloud computing software for enterprises. In 2023 he moved on to become president and CFO of the integration platform company Boomi.

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
YearMilestoneSource
2025Reached 4.4K employees (July 2025)Not recorded
2023Reached 6.5K employees (September 2023)Not recorded
2023Reached 6.9K employees (January 2023)Not recorded
2022Reached 8.1K employees (January 2022)Not recorded
2021Reached 8.9K employees (August 2021)Not recorded
2004Reached 11.4K employees (January 2004)Not recorded

Frequently Asked Questions about Citrix

Who owns Citrix?

Citrix is owned by Vista Equity Partners / Evergreen Coast Capital, which acquired it for $16.5B in 2022.

What is Citrix's revenue?

As of 2021, Citrix generated $3.2B in revenue.

Who founded Citrix?

Citrix was founded by Arlen Shenkman.

When was Citrix founded?

Citrix was founded in 1989.

How much funding does Citrix have?

Citrix raised $20M across 1 round.

How many employees does Citrix have?

As of 2025, Citrix had 4.4K employees.

Where is Citrix headquartered?

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

Compare Citrix to the industry

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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