Description Xythos Software is no myth. The company's document and file management software enables organizations to securely manage and share information throughout the enterprise. Xythos' family of software tools manage document creation, facilitate collaboration, and manage access to ensure that the right people can view and modify paper and electronic documents. Xythos on Demand is the company's Web-based content management service. Xythos software is mainly used for research and administrative activities in higher education, as well as corporate and government agencies for basic content management services. Xythos was founded in 1999 and bought by Blackboard in 2007 for $36 million.