AVG Technologies

Amsterdam, Netherlands Founded: 1991 • Age: 35 yrs Acquired By Avast
Anti-virus solutions are provided for endpoint devices globally.
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About AVG Technologies

AVG Technologies is a company based in Amsterdam (Netherlands) founded in 1991 was acquired by Avast in July 2016.. AVG Technologies has raised $252 million across 2 funding rounds from investors including Avast, TA Associates and Enterprise Investors. AVG Technologies has completed 14 acquisitions, including BeSecure, DroidSecurity and Ewido Networks. AVG Technologies operates in a competitive market with competitors including McAfee, Quick Heal, Peter Norton Computing, ESET and DynaRisk, among others.

  • Headquarter Amsterdam, Netherlands
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vg Holding 2021 Aps
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $252 M (USD)

    in 2 rounds

  • Latest Funding Round
    $200 M (USD), Series C

    Sep 30, 2009

  • Investors
    Avast

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    BeSecure

    & 13 more

  • Acquired by
    Avast

    (Jul 07, 2016)

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People of AVG Technologies
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 AVG Technologies

AVG Technologies has successfully raised a total of $252M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in September 2009. 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 Series C — $200.0M
  • First Round

    (06 Sep 2005)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2009 Amount Series C - AVG Technologies Valuation

investors

TA
Sep, 2005 Amount Series B - AVG Technologies 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 AVG Technologies

AVG Technologies has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Avast, TA Associates and Enterprise Investors. 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
Investor Description Founded Year Domain Location
Multiple sectors are invested in by private equity firm TA.
Founded Year Domain Location
Private equity investments in Europe are managed by the firm.
Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
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 AVG Technologies

AVG Technologies has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include BeSecure, DroidSecurity and Ewido Networks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of software development, consulting, and other services
2012
Interactive gallery app
2011
Cloud-based VPN services are offered for secure private browsing.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AVG Technologies

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

Avg Technologies Comparisons

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Competitors of AVG Technologies

AVG Technologies 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 McAfee, Quick Heal, Peter Norton Computing, ESET and DynaRisk, 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
Antivirus suites and cybersecurity services are provided globally.
domain founded_year HQ Location
Endpoint security is delivered via cloud-based antivirus software.
domain founded_year HQ Location
PC utilities like antivirus, spyware removal compression and online backup software
domain founded_year HQ Location
Antivirus-based endpoint security is provided for consumers and businesses.
domain founded_year HQ Location
Anti-virus solutions are delivered via risk factors and algorithms.
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 Avg Technologies

Frequently Asked Questions about AVG Technologies

When was AVG Technologies founded?

AVG Technologies was founded in 1991 and raised its 1st funding round 14 years after it was founded.

Where is AVG Technologies located?

AVG Technologies is headquartered in Amsterdam, Netherlands.

Is AVG Technologies a funded company?

AVG Technologies is a funded company, having raised a total of $252M across 2 funding rounds to date. The company's 1st funding round was a Series B of $52M, raised on Sep 06, 2005.

What does AVG Technologies do?

AVG Technologies (formerly Grisoft) provides anti-virus solution for endpoint devices for personal business user. Released protection and performance products for Windows, Android, iOS and Mac OSX devices which allows to monitor and manage across an unlimited number of devices from a single dashboard.Technology is delivered to over 200M active users monthly worldwide. Its consumer portfolio includes internet security, performance optimization, and personal privacy and identity protection for mobile devices and desktops. Among Top 5 anti-virus software vendor claims to have over 28k resellers, partners and distributors globally.

Who are the top competitors of AVG Technologies?

AVG Technologies's top competitors include McAfee, Quick Heal and Peter Norton Computing.

How many acquisitions has AVG Technologies made?

AVG Technologies has made 14 acquisitions, including BeSecure, DroidSecurity, and Ewido Networks.

Who are AVG Technologies's investors?

AVG Technologies has 4 investors. Key investors include Avast, TA Associates, Enterprise Investors, and Intel Capital.

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