About Avid Technology
Avid Technology is a company based in Burlington (United States) founded in 1987 was acquired by STG in August 2023. Avid Technology has completed 8 acquisitions, including Blue Order Solutions, Euphonix and Nxn Software. Avid Technology operates in a competitive market with competitors including LiveU, Amagi, Telestream, Vizrt and Imagine Communications, among others.
- Headquarter Burlington, United States
- Stage Public
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Avid Technology (India) Private Limited
- Date of Incorporation 30 Aug, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$523.32 K (USD)7.64as on Mar 31, 2019
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Net Profit
-$10.07 K (USD)-142.09as on Mar 31, 2019
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EBITDA
$697.11 (USD)-98.34as on Mar 31, 2019
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Latest Funding Round
$150 M (USD), Debt – Conventional
May 16, 2018
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Investors
STG
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
Blue Order Solutions
& 7 more
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Acquired by
STG
(Aug 10, 2023)
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People of Avid Technology
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Software Development Team
63 people
Sales and Marketing
42 people
Leadership Team
28 people
Product Management Team
27 people
Avid Team
11 people
Enterprise Team
10 people
Human Resources and Administration
8 people
Finance and Accounting
8 people
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Funding Insights of Avid Technology
Investors in Avid Technology
Avid Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include STG and NVM Private Equity.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed across the UK.
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Locked | Locked | Locked | |
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A private equity firm focused on mid-market software leaders.
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Locked | Locked | Locked |
Investor details for Avid Technology
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Investments & Acquisitions by Avid Technology
Avid Technology has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Blue Order Solutions, Euphonix and Nxn Software.
Investment portfolio details for Avid Technology
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Video production solutions for broadcast industry are offered.
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Locked | Locked | 2011 | Locked | |
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Limited information available
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Locked | Locked | 2001 | Locked | |
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Software solutions are provided for entertainment and design industries.
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Locked | Locked | 1997 | Locked |
Complete acquisition details for Avid Technology
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Avid Technology
Detailed financials for Avid Technology
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Avid Technology Comparisons
Peer comparison for Avid Technology
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Competitors of Avid Technology
Avid Technology 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 LiveU, Amagi, Telestream, Vizrt and Imagine Communications, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Live video transmission solutions provider
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Cloud solutions for broadcast, streaming, and advertising industries are provided.
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Live and on-demand video streaming solutions are provided by Telestream.
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Cloud-based tools for media production and management are provided.
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Digital video processing and edge multiplexing solutions are provided.
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Detailed competitors of Avid Technology
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Avid Technology
Complete news archive for Avid Technology
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Frequently Asked Questions about Avid Technology
Avid Technology was founded in 1987 and raised its 1st funding round 30 years after it was founded.
Avid Technology is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Annual revenue of Avid Technology is $523.32K as on Mar 31, 2019.
Avid Technology was founded in 1987 and is headquartered in Burlington, United States. Software solutions are offered in the media technology sector to handle content creation, management, distribution, and monetization. Operations focus on suites such as Artist for audio, video, and graphics tools; Media for media handling and revenue generation; Storage for data capture and protection; and Studio for in-studio viewer engagement. Services support global media workflows.
Avid Technology has made 8 acquisitions, including Blue Order Solutions, Euphonix, and Nxn Software.
Avid Technology has 2 investors. Key investors include STG, and NVM Private Equity.