Avast

Prague, Czechia Founded: 1988 • Age: 38 yrs Acquired By NortonLifeLock
Cloud-based antivirus and anti-malware solutions are delivered for device protection.
Annual revenue - Latest available
Total funding $100.0M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Avast

Avast is a company based in Prague (Czechia) founded in 1988 was acquired by NortonLifeLock in August 2021. Avast has raised $100 million across 4 funding rounds from investors including CVC, European Union and NortonLifeLock. Avast has completed 6 acquisitions, including AVG Technologies, Evernym and Inmite s.r.o. Avast operates in a competitive market with competitors including AVG Technologies, McAfee, Malwarebytes, Kaspersky and Quick Heal, among others.

  • Headquarter Prague, Czechia
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $100 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.03 M (USD), Grant

    Apr 01, 2023

  • Investors
    CVC

    & 3 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    NortonLifeLock

    (Aug 10, 2021)

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People of Avast

Headcount 1000-5000
Employee Profiles 71
Board Members and Advisors 7
Employee Profiles
People
Bryan Ko
Chief Legal Officer
People
Vincent Pilette
CEO & Board Chair
People
Robbin Pettit
Business Solutions - Employee Benefits
People
Ondrej Vlcek
President

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Board Members and Advisors
people
Sue Barsamian
Director
people
Pavel Baudis
Director
people
Sherrese Smith
Director
people
Emily Heath
Director

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Funding Insights of Avast

Avast has successfully raised a total of $100M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1.03 million completed in April 2023. 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.

Investors in Avast

Avast has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC, European Union and NortonLifeLock.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Locked Locked Locked
Summit Partners is recognized as a growth equity investment firm.
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Avast

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Avast

Avast has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AVG Technologies, Evernym and Inmite s.r.o..

Investments
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Investment portfolio details for Avast

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
A ledger-based platform for digital identity management is provided.
Locked Locked 2013 Locked
Mobile application development services
Locked Locked 2008 Locked
Cloud-based identity verification and authentication services are provided.
Locked Locked 2008 Locked
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Complete acquisition details for Avast

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Avast

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Detailed financials for Avast

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  • Profit trends
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Avast Comparisons

Avast Primary company
Description
Cloud-based antivirus and anti-malware solutions are deliver...
Location
Prague, Czechia
Founded Year
1988
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avast

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Competitors of Avast

Avast 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 AVG Technologies, McAfee, Malwarebytes, Kaspersky and Quick Heal, among others.

Company Name Domain Founded year HQ Location Description
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Anti-virus solutions are provided for endpoint devices globally.
Locked Locked Locked
Antivirus suites and cybersecurity services are provided globally.
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Cloud-based anti-malware solutions are offered for enterprise protection.
Locked Locked Locked
Cybersecurity software and threat protection services are provided by Kaspersky.
Locked Locked Locked
Endpoint security is delivered via cloud-based antivirus software.
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Detailed competitors of Avast

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  • Domains and locations
  • Full company profiles
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Latest news on Avast

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Complete news archive for Avast

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Avast

Avast was founded in 1988 and raised its 1st funding round 22 years after it was founded.

Avast is headquartered in Prague, Czechia.

Avast is a funded company, having raised a total of $100M across 4 funding rounds to date.

Founded in 1988 in Prague, Czech Republic, Avast operates in the cybersecurity sector. Cloud-based antivirus and anti-malware software is offered across Windows, Android, and iOS platforms. Services include password protection for photos and applications, VPN access to geo-restricted content, device tracking, app permission monitoring, and detection of malicious apps. Protection against malware-infected links and WiFi network security verification are also provided.

Avast's top competitors include AVG Technologies, Malwarebytes and McAfee.

Avast has made 6 acquisitions, including AVG Technologies, Evernym, and Inmite s.r.o.

Avast has 4 investors. Key investors include CVC, European Union, NortonLifeLock, and Summit Partners.

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