About Avaak
Avaak is a company based in San Diego (United States) founded in 2004 was acquired by NETGEAR in July 2012.. Avaak has raised $17 million across 3 funding rounds from investors including NETGEAR, DARPA and Qualcomm Ventures. Avaak operates in a competitive market with competitors including Wyze, Canary, Deep Sentinel, Arlo and Kuna, among others.
- Headquarter San Diego, United States
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
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Website
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Social
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- Legal Name Avaak Inc
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Funding Insights of Avaak
Avaak has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in March 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $10.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series B - Avaak | Valuation | Qualcomm Ventures | |
| Oct, 2008 | Amount | Series A - Avaak | Valuation | Trinity Ventures | |
| Jun, 2004 | Amount | Seed - Avaak | Valuation | DARPA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avaak
Avaak has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include NETGEAR, DARPA and Qualcomm Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location | |
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Early-stage investing in IT and healthcare ventures.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avaak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avaak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avaak Comparisons
Competitors of Avaak
Avaak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wyze, Canary, Deep Sentinel, Arlo and Kuna, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Cloud-based smart security cameras are developed for video surveillance.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avaak
Frequently Asked Questions about Avaak
When was Avaak founded?
Avaak was founded in 2004.
Where is Avaak located?
Avaak is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Avaak a funded company?
Avaak is a funded company, having raised a total of $17M across 3 funding rounds to date.
What does Avaak do?
Avaak was founded in 2004 in San Diego, United States, within the consumer electronics sector. Operations centered on the Vuezone line of cameras, recognized as early wireless models for home monitoring. Footage from these devices was designed for remote access via internet connection. The company was acquired by Netgear in 2012, concluding its independent activities.
Who are the top competitors of Avaak?
Avaak's top competitors include Canary, Wyze and Deep Sentinel.
Who are Avaak's investors?
Avaak has 6 investors. Key investors include NETGEAR, DARPA, Qualcomm Ventures, Trinity Ventures, and Leapfrog Ventures.
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