About Avecto
Avecto is a company based in Manchester (United Kingdom) founded in 2008 was acquired by Bomgar in July 2018.. The company has 177 employees as of January 31, 2021. Avecto operates in a competitive market with competitors including Teleport, Cyolo, Kona, BastionZero and LogMeIn, among others.
- Headquarter Manchester, United Kingdom
- Employees 177 as on 31 Jan, 2021
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Avecto Ltd
- Date of Incorporation 18 Mar, 2008
- Jurisdiction MANCHESTER
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Funding Insights of Avecto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Avecto
Avecto has secured backing from 1 investor. Prominent investors backing the company include Bomgar. 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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Privilege access management and remote support solution
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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 Avecto
| 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 - Avecto
| 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 |
Avecto Comparisons
Competitors of Avecto
Avecto 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 Teleport, Cyolo, Kona, BastionZero and LogMeIn, 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 |
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| domain | founded_year | HQ Location |
Cloud-based open-source software is provided for access to computing resources.
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| domain | founded_year | HQ Location |
Connectivity management solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Employee engagement tools are provided for morale tracking and insights.
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| domain | founded_year | HQ Location |
Secure remote access to infrastructure is enabled via VPN solutions.
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| domain | founded_year | HQ Location |
Cloud-based remote access and unified communication solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based zero trust remote access solutions are provided for networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Avecto
When was Avecto founded?
Avecto was founded in 2008.
Where is Avecto located?
Avecto is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
How many employees does Avecto have?
As of Jan 31, 2021, the latest employee count at Avecto is 177.
What is the annual revenue of Avecto?
Annual revenue of Avecto is $32.45M as on Dec 31, 2021.
What does Avecto do?
Privileged access management solutions and remote access software. The Universal Privilege Management approach helps organizations secure and protect privileges across passwords, endpoints, and access. The platform aims to mitigate the risks of unwanted remote access, stolen credentials, and misused privileges for businesses.
Who are the top competitors of Avecto?
Who are Avecto's investors?
Avecto has 1 investor. Key investors include Bomgar.