AvantGo

San Mateo, United States Founded: 1997 • Age: 29 yrs Acquired By Sybase
Internet-based content and applications to handheld computers and Internet-enabled phones
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About AvantGo

AvantGo is a company based in San Mateo (United States) founded in 1997 was acquired by Sybase in December 2002.. AvantGo has raised $5 million across 2 funding rounds from investors including Adobe, Goldman Sachs and Ford. The company has 208 employees as of December 31, 2021.

  • Headquarter San Mateo, United States
  • Employees 208 as on 31 Dec, 2021
  • Stage Public
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avantgo Inc
Operational Areas
Business Services → Customer Experience & Marketing Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $31 M (USD), Debt – Venture

    Apr 18, 2000

  • Investors
    Adobe

    & 7 more

  • Employee Count
    208

    as on Dec 31, 2021

  • Acquired by
    Sybase

    (Dec 20, 2002)

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IPO & Listings of AvantGo

AvantGo is a publicly listed company on the NASDAQ with ticker symbol AVGO in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: AVGO . Sector: Electronic technology · USA

Funding Insights of AvantGo

AvantGo has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $31 million completed in April 2000. 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 Rounds 2
  • Last Round Debt – Venture — $31.0M
  • First Round

    (05 Mar 1999)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2000 Amount Debt – Venture - AvantGo Valuation

investors

Mar, 1999 Amount Series A - AvantGo Valuation

investors

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 AvantGo

AvantGo has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Adobe, Goldman Sachs and Ford. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Limited information is provided about the company's activities.
Founded Year Domain Location
Global private equity investments are managed from Houston.
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 AvantGo

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 - AvantGo

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

Avantgo Comparisons

Employees
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Competitors of AvantGo

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 Avantgo

Frequently Asked Questions about AvantGo

When was AvantGo founded?

AvantGo was founded in 1997 and raised its 1st funding round 2 years after it was founded.

Where is AvantGo located?

AvantGo is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Is AvantGo a funded company?

AvantGo is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Mar 05, 1999.

How many employees does AvantGo have?

As of Dec 31, 2021, the latest employee count at AvantGo is 208.

What does AvantGo do?

AvantGonbsp;was a Web page nbsp;file synchronizationnbsp;service fornbsp;personal digital assistantsnbsp;(PDAs) andnbsp;smartphones. The system consisted of a browser client running on the device, a synchronization server, and (optionally) an internet-connected PC to transfer web pages to the mobile device. Users could create a free account and set up channels to be stored on their device duringnbsp;synchronization. Stored pages can be read later using the built-in web browser without reconnecting to the internet. Subscription based revenue model. the company went public on September 28,nbsp;2000, and got listed on NASDAQ. In December 2002, The company was acquired by Sybase (an SAP company) for 38 million. nbsp;.

Is AvantGo publicly traded?

Yes, AvantGo is publicly traded on NASDAQ under the ticker symbol AVGO.

Who are AvantGo's investors?

AvantGo has 8 investors. Key investors include Adobe, Goldman Sachs, Ford, Sybase, and Palo Alto Venture Partners.

What is AvantGo's ticker symbol?

The ticker symbol of AvantGo is AVGO on NASDAQ.

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