Tel Aviv-based Xyte, which helps hardware OEMs build subscription services for devices, raised a $20M Series A led by Intel Capital, plus a $10M credit line (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Tel Aviv-based Xyte, which helps hardware OEMs build subscription services for devices, raised a $20M Series A led by Intel Capital, plus a $10M credit line  —  The hardware industry is under pressure these days: slower spending cycles from consumers and businesses, market saturation …

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