About Avenda Systems
Avenda Systems is a company based in Santa Clara (United States) founded in 2006 was acquired by Aruba Networks in November 2011.. Avenda Systems has raised $5 million across 1 funding round from investors including HPE Aruba Networking and OVP Venture Partners. Avenda Systems operates in a competitive market with competitors including StillSecure, Mojave, Genians, LetMobile and Byte Pioneers, among others.
- Headquarter Santa Clara, United States
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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 Avenda Systems India Private Limited
- Date of Incorporation 10 Feb, 2006
- Jurisdiction Bangalore., Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series B
Mar 20, 2008
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Investors
HPE Aruba Networking
& 1 more
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Employee Count
Employee Count
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Acquired by
Aruba Networks
(Nov 17, 2011)
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Software Development Team
283 people
Sales and Marketing
174 people
Leadership Team
102 people
Senior Team
35 people
Human Resources and Administration
34 people
Product Management Team
26 people
Operations Team
25 people
Data Analysis and Operations Team
19 people
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Funding Insights of Avenda Systems
Avenda Systems has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series B round of $5 million completed in March 2008. 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 1
- Last Round Series B — $5.0M
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First Round
First Round
(20 Mar 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2008 | Amount | Series B - Avenda Systems | Valuation |
investors |
| 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 Avenda Systems
Avenda Systems has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include HPE Aruba Networking and OVP Venture Partners. 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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Early-stage VC investments are focused primarily on US companies.
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Founded Year | Domain | Location | |
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Cloud-based enterprise networking equipment and solutions are developed.
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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 Avenda Systems
| 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 - Avenda Systems
| 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 |
Avenda Systems Comparisons
Competitors of Avenda Systems
Avenda Systems 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 StillSecure, Mojave, Genians, LetMobile and Byte Pioneers, 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 |
Platform for secure user login and password reset management.
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| domain | founded_year | HQ Location |
Monitoring network traffic for threat detection
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| domain | founded_year | HQ Location |
Enterprise-grade NAC is delivered for BYOD security and compliance.
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| domain | founded_year | HQ Location |
Enterprise mobility security solutions are delivered via gateway-based services.
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| domain | founded_year | HQ Location |
BytePioneers creates privacy apps for camera and microphone blocking.
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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 Avenda Systems
When was Avenda Systems founded?
Avenda Systems was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Avenda Systems located?
Avenda Systems is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Avenda Systems a funded company?
Avenda Systems is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series B of $5M, raised on Mar 20, 2008.
What does Avenda Systems do?
Avenda Systems developed a multi-function platform for network access control (NAC) and security. Avendas flagship eTIPS solution is a scalable AAA platform that utilizes identity-based policies to manage access control, endpoint health and device authorization for wired, wireless and VPN networks. Users are granted differentiated privileges to control which network resources and applications they can access. Employees roles, location, and the health of their computer can be used as determining factors. Visitors can be granted Internet only access if required. Partnerships with Cisco, Microsoft and top wireless vendors ensure that Avendas solution fits into any network environment.
Who are the top competitors of Avenda Systems?
Who are Avenda Systems's investors?
Avenda Systems has 2 investors. Key investors include HPE Aruba Networking, and OVP Venture Partners.