Avangate Security

Milano, Italy Founded: 2009 • Age: 17 yrs Acquired By Elovade
Avangate Security is engaged in distributing IT security solutions.

About Avangate Security

Avangate Security is a company based in Milano (Italy) founded in 2009 was acquired by Elovade in February 2025. It operates as a Reseller / Distribution. Avangate Security offers products and services including IT Security Solutions. Avangate Security operates in a competitive market with competitors including Kaspersky, Exclusive Networks, Infinigate, Cloud Harmonics and Brigantia, among others.

  • Headquarter Milano, Italy
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avangate Security
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Elovade

    (Feb 05, 2025)

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Products & Services of Avangate Security

Avangate Security offers a comprehensive portfolio of products and services, including IT Security Solutions. 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.

Primary

Solutions for IT security are provided to clients.

Funding Insights of Avangate Security

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Avangate Security

Avangate Security has secured backing from 1 investor. Prominent investors backing the company include Elovade. 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.

All
Investor Description Founded Year Domain Location
Specializes in IT solutions, including managed services, infrastructure, and security offerings.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avangate Security

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Avangate Security

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Avangate Security Comparisons

Employees
+
Add Comparison
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Competitors of Avangate Security

Avangate Security 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 Kaspersky, Exclusive Networks, Infinigate, Cloud Harmonics and Brigantia, 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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cybersecurity software and threat protection services are provided by Kaspersky.
domain founded_year HQ Location
Value-added IT security products are distributed by Exclusive Networks.
domain founded_year HQ Location
Infinigate is focused on cybersecurity and digital transformation solutions.
domain founded_year HQ Location
Cloud technologies are distributed and resold by Cloud Harmonics.
domain founded_year HQ Location
Cyber-security solutions are distributed by Brigantia in the United Kingdom.
domain founded_year HQ Location
Distributes cybersecurity products and provides support to partners in India.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avangate Security

Frequently Asked Questions about Avangate Security

When was Avangate Security founded?

Avangate Security was founded in 2009.

Where is Avangate Security located?

Avangate Security is headquartered in Milano, Italy.

What does Avangate Security do?

Avangate Security is involved in the distribution of IT security solutions to international companies, public administrations, small and medium enterprises, and IT operators. Operations are supported through a network of over 14,000 partners across Italy, San Marino, Vatican City, and Switzerland. A wide range of security solutions is offered, complemented by training for consultants and support for partners. The focus is placed on facilitating sales, optimizing procedures, and addressing client needs through a competence center approach in the ICT security distribution sector.

Who are the top competitors of Avangate Security?

Avangate Security's top competitors include Kaspersky, Exclusive Networks and Brigantia.

What products or services does Avangate Security offer?

Avangate Security offers IT Security Solutions.

Who are Avangate Security's investors?

Avangate Security has 1 investor. Key investors include Elovade.

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