About Avanan
Avanan is a company based in New York (United States) founded in 2014 by Gil Friedrich was acquired by Check Point Software in August 2021.. Avanan has raised $41.4 million across 3 funding rounds from investors including Check Point Software, TPG and StageOne Ventures. The company has 10 employees as of December 31, 2022. Avanan offers products and services including Email Security, Firewalls, and Incident Response. Avanan operates in a competitive market with competitors including Netskope, Qualys, Skyhigh Networks, CipherCloud and CloudLock, among others.
- Headquarter New York, United States
- Employees 10 as on 31 Dec, 2022
- Founders Gil Friedrich
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Avanan, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.4 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series B
Dec 17, 2018
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Investors
Check Point Software
& 4 more
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Employee Count
10
as on Dec 31, 2022
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Acquired by
Check Point Software
(Aug 30, 2021)
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Products & Services of Avanan
Avanan offers a comprehensive portfolio of products and services, including Email Security, Firewalls, and Incident Response. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Protects against phishing and malware in enterprise emails
Provides protection for networks against cyber threats
Offers rapid response to security breaches and attacks
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Funding Insights of Avanan
Avanan has successfully raised a total of $41.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in December 2018. 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 — $25.0M
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First Round
First Round
(01 Jul 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series B - Avanan | Valuation | StageOne Ventures , Magma Venture Partners |
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| May, 2016 | Amount | Series A - Avanan | Valuation | TPG | |
| Jul, 2014 | Amount | Seed - Avanan | Valuation | StageOne Ventures , Magma Venture Partners |
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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 Avanan
Avanan has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Check Point Software, TPG and StageOne 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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StageOne Ventures is focused on seed-stage investments in tech startups.
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Founded Year | Domain | Location | |
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Early-stage Israeli startups are invested in by Magma Venture Partners.
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Founded Year | Domain | Location | |
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Greenfield Partners is focused on scaling early-growth technology companies.
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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 Avanan
| 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 - Avanan
| 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 |
Avanan Comparisons
Competitors of Avanan
Avanan 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 Netskope, Qualys, Skyhigh Networks, CipherCloud and CloudLock, 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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Multiple services are booked via an app-based platform.
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Latest news on Avanan
Frequently Asked Questions about Avanan
When was Avanan founded?
Avanan was founded in 2014.
Where is Avanan located?
Avanan is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Avanan?
Gil Friedrich is the current CEO of Avanan. They have also founded this company.
Is Avanan a funded company?
Avanan is a funded company, having raised a total of $41.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 01, 2014.
How many employees does Avanan have?
As of Dec 31, 2022, the latest employee count at Avanan is 10.
What does Avanan do?
Avanan was founded in 2014 in New York, United States, and operates within the cloud security sector. A platform is provided through APIs to deploy, monitor, and manage data security features, including malware scanning, anti-virus protection, encryption, anomaly detection, data sanitization, and endpoint compliance. Customized security is delivered for applications such as Office 365, Google Apps, Box, Salesforce, and Amazon AWS.
Who are the top competitors of Avanan?
Avanan's top competitors include Netskope, Skyhigh Networks and CloudLock.
What products or services does Avanan offer?
Avanan offers Email Security, Firewalls, and Incident Response.
Who are Avanan's investors?
Avanan has 5 investors. Key investors include Check Point Software, TPG, StageOne Ventures, Magma Venture Partners, and Greenfield Partners.
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