Avid Technology

Burlington, United States Founded: 1987 • Age: 39 yrs Listed Acquired By STG
Software is provided for managing, distributing, and monetizing media content.

About Avid Technology

Avid Technology is a Media & Entertainment company based in Burlington (United States) founded in 1987, and was acquired by STG in August 2023. Software is provided for managing, distributing, and monetizing media content. Avid Technology has completed 8 acquisitions, including Blue Order Solutions, Euphonix and Nxn Software. Its website avid.com draws about 1.5 million monthly visits. Its Indian entity Avid Technology (India) Private Limited reported revenue of β‚Ή2.17 Cr. Its focus areas include Tech for Film & TV, Broadcasting, Media Production and Management and Suite. Its competitors include Telestream, Imagine Communications and TVU Networks; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Burlington, United States
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website avid.com
  • Social LinkedIn X Facebook
  • Acquired by STG (Aug 2023)
  • Legal Name Avid Technology (India) Private Limited
  • Date of Incorporation 30 Aug, 2011
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹2.17 Cr

    FY 2025 · -15% YoY

  • Indian entity net profit
    ₹9.1 Lakh

    FY 2025 · 4% margin

  • Indian entity EBITDA
    ₹17.4 Lakh

    FY 2025 · 8% margin

  • Latest Funding Round
    $150M (USD), Debt – Conventional

    May 2018

  • Investors
    STG

    & 1 more

  • Investments & Acquisitions
  • Acquired by
    STG

    (Aug 2023)

Funding Insights of Avid Technology

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $150M
  • First Round $3.78M

    (Jul 2017)

  • Investors Count 1

All 2 funding rounds of Avid Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018$150MDebt – Conventional––
–
Jul 2017$3.78MPost-IPO––
Valuation history

2 investors in total: 2 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed across the UK.
1984nvm.co.ukNewcastle Upon Tyne, United Kingdom
A private equity firm focused on mid-market software leaders.
1990stg.comMenlo Park, United States
Premium access

Investor details for Avid Technology

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Avid Technology (India) Private Limited (Avid Technology)

Avid Technology (India) Private Limited is the primary company behind Avid Technology. The boards of the 2 registered companies of Avid Technology currently have 5 directors; the longest-serving is Anil Birajdar Vitthalrao, appointed in 2018. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Birajdar Vitthalrao
DIN 07404298
Director17 Jul 20188 yrs 3 moAvid Technology (India) Private Limited
John Stephen La Mountain
DIN 08472157
Director11 Jun 20197 yrs 5 moAvid Technology (India) Private Limited
Krishna Bangar Raju Sontena
DIN 09011584
Director29 Dec 20205 yrs 10 moAvid Software Solutions (India) Private Limited
Jaya Bharath Reddy Inkollu
DIN 06869063
Director25 Mar 20224 yrs 7 moAvid Software Solutions (India) Private Limited
Jacob Robert Coffman Adams
DIN 10843854
Director28 Jul 20251 yr 3 moAvid Technology (India) Private Limited

People of Avid Technology

268 people are tracked at Avid Technology (82 in leadership, 4 in board & advisors, 182 in team).

NameRoleGroup
Marianna Montague
Sr. Director Customer Experience And CommunityLeadership
Shailendra Mathur
Vice President Of Architecture And TechnologyLeadership
Abhishek Yadav
Senior Director, Business ApplicationsLeadership
Tom Evetts
Chief Sales OfficerLeadership
David Teixeira
Senior Human Resources Business PartnerLeadership
Gregory Myrdal
Sr Director Of Engineering - StorageLeadership
Damian Deneault
Vp, HardwareLeadership
Kyle Bubp
Vp, Chief Information Security OfficerLeadership
Guillaume Aubuchon
Vice President Of Product ManagementLeadership
Angela Stelle
CMOLeadership
Paul Burgdorf
CFOLeadership
Raymond Thompson
Senior Director WW Partners And AlliancesLeadership
Keri Middleton
Senior Director, Global Demand GenerationLeadership
Marta Damazer
People Business PartnerLeadership
Wellford Dillard
CEOLeadership
Alessandra Melloni
Chief Administrative Officer & General CounselLeadership
Tim Claman
Chief Product OfficerLeadership
Deb Hill
Vice President Of Human ResourcesLeadership
Megan Fletcher
Chief Of StaffLeadership
Alessandra M.
Chief Administrative OfficerLeadership

248 more people are available in the full profile.

Premium access

Complete people profiles for Avid Technology

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Avid Technology

Figures of Avid Technology (India) Private Limited, the primary company behind Avid Technology, for FY 2025. Revenue was ₹2.17 Cr (-15% year on year). Net profit was ₹9.1 Lakh (4% margin). EBITDA was ₹17.4 Lakh (8% margin). Revenue has grown at a compounded annual rate of -7% over three years and -6% over five years.

  • ₹2.17 CrRevenue · FY 2025 · -15% YoY
  • ₹9.1 LakhNet profit · 4% margin
  • ₹17.4 LakhEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • -7%Revenue CAGR, 3 years
  • -6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Avid Technology (India) Private Limited are on its company page.

Premium access

Detailed financial statements for Avid Technology

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Video production solutions for broadcast industry are offered.
wolftech.noBergen, Norway2011Oct 2024β€’β€’β€’β€’
Real-time 3D broadcast graphics solutions are provided to broadcasters worldwide.
orad.tvKfar Saba, Israel1993Apr 2015$65M
Media and entertainment operations are managed by Euphonix.
euphonix.comMountain View, United States1988Apr 2010β€’β€’β€’β€’
Limited information available
blue-order.comKaiserslautern, Germany2001Feb 2010β€’β€’β€’β€’
Music notation software is developed and sold by Sibelius.
sibelius.comLondon, United Kingdom1993Aug 2006$23M
Video editing software and capture products are developed.
pinnaclesys.comOttawa, Canada1986Mar 2005$462M
Software solutions are provided for entertainment and design industries.
nxn-software.comMunich, Germany1997Jan 2004$44.03M
Audio professionals are enabled to collaborate online for music production.
rocketnetwork.comSan Francisco, United States1994Apr 2003β€’β€’β€’β€’
Premium access

Complete acquisition details for Avid Technology

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Avid Technology

13 dated milestones of Avid Technology across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avid Technology is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Rocket Network.
  4. Acquisition Acquires Nxn Software.
  5. Acquisition Acquires Pinnacle Studio.
  6. Acquisition Acquires Sibelius Software.
  7. Acquisition Acquires Blue Order Solutions.
  8. Acquisition Acquires Euphonix.
  9. Acquisition Acquires Orad.
  10. Funding First funding round of $3.8M.
  11. Funding Latest funding round, Debt – Conventional, of $150.0M.
  12. Exit Acquired by STG.
  13. Acquisition Acquires Wolftech.

Competitors of Avid Technology

Avid Technology has 3 listed competitors in our database, 3 of them funded. They include Telestream, Imagine Communications and TVU Networks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
telestream.net1998Nevada, United States$59.32M
Live and on-demand video streaming solutions are provided by Telestream.
imaginecommunications.com2005San Diego, United States$34.2M
Digital video processing and edge multiplexing solutions are provided.
tvunetworks.com2005Mountain View, United States$9.56M
IP-based video solutions for live media production workflows are provided.
Premium access

Detailed competitors of Avid Technology

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Avid Technology

The website of Avid Technology (avid.com) receives about 1.5M visits a month and ranks #32,065 among all websites worldwide, #4,004 in Graphics Multimedia and Web Design.

  • Monthly visits
    1.5M

    ▲ 1.7% vs previous month

  • Unique visitors
    653.3K

    per month

  • Global rank
    #32,065

    among all websites

  • Category rank
    #4,004

    Computers Electronics and Technology · Graphics Multimedia and Web Design

Similar websites

Websites whose visitors overlap most with Avid Technology. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
m-audio.com
100%
421K#120,602View details
avid.force.com
avid.force.com
100%
–
oceansystems.com
oceansystems.com
99%
–
antarestech.com
92%
667.8K#73,349View details
steinberg.net
85%
1.8M#28,048View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 40 similar websites and full traffic analytics for Avid Technology

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Film, TV & Broadcasting Tech

3 companies that operate in the same segment as Avid Technology (Film, TV & Broadcasting Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered platform manages marketing creatives and customer journeys.
1982San Jose, California, United StatesUSD 23.77 B30,710
AI-enabled photorealistic 3D capturing technology is provided for e-commerce.
2021San Francisco, California, United StatesUSD 1.06 B497
Digital media recognition solutions are provided for content management.
1993Emeryville, California, United StatesUSD 50.99 M248
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Avid Technology

Premium access

Complete news archive for Avid Technology

Full article history, source details, and older brand coverage require an active premium plan.

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

Verified entity values are shown only after access is granted.

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.

The primary company behind Avid Technology, Avid Technology (India) Private Limited, reported revenue of β‚Ή2.17 Cr for FY 2025, down 15% year on year.

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's top competitors include TVU Networks, Telestream and Imagine Communications.

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.

Avid Technology is associated with 2 legal entities: Avid Technology (India) Private Limited, Avid Software Solutions (India) Private Limited.

Yes. Avid Technology was acquired by STG in August 2023.

The legal entities of Avid Technology currently have 5 directors, including John Stephen La Mountain, Anil Birajdar Vitthalrao, Jacob Robert Coffman Adams and others.

The website of Avid Technology receives about 1.5 million visits a month and ranks #32,065 among all websites worldwide.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available