About Awingu
Awingu is a Technology company based in Ghent (Belgium) founded in 2011, and was acquired by Corel in June 2022. Cloud-based file sharing and browser-based workspaces are provided. Awingu has raised $2.94 million across 2 funding rounds from investors including Proximus Group, Corel and Pamica. The company has 16 employees. Its focus areas include Enterprise Applications, Enterprise Collaboration and EFSS.
Company details
Awingu was founded in 2011 in Ghent, Belgium, as a provider of cloud-based file-sharing software. A browser-based workspace is offered by the company, where files and applications are aggregated into a secure online environment. Access is enabled from any device or operating system through HTML5-compatible browsers. Features such as file management, document preview, HD audio and video streaming, session sharing, and multi-device compatibility are included in the operations.
- Headquarters Ghent, Belgium
- Employees 16
- Stage Acquired
- SectorsTechnology
- Website awingu.com
- Social LinkedIn X Facebook
- Acquired by Corel (Jun 2022)
- Legal Name Awingu
- Annual Revenue$1.06 M (USD)12as on Dec 31, 2021
- Net Profit-$632.51 K (USD)40as on Dec 31, 2021
- EBITDA-$619.07 K (USD)39as on Dec 31, 2021
- Total Equity Funding$2.94M (USD)
in 2 rounds
- Latest Funding Round$2.94M (USD), Series A
Jun 2016
- InvestorsProximus Group
& 4 more
- Employee Count16
- Acquired byCorel
(Jun 2022)
Funding Insights of Awingu
Awingu has successfully raised a total of $2.94M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.94 million completed in June 2016. 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 $2.94M
- Total Rounds 2
- Last Round Series A — $2.94M
- Investors Count 4
All 2 funding rounds of Awingu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2016 | $2.94M | Series A | – | Michel Akkermans | |
| Jul 2011 | Seed | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Awingu
Awingu has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Proximus Group, Corel and Pamica.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| pamica.be | ||||
Investments in early-stage startups are focused on by Hummingbird Ventures. | hummingbird.vc | London, United Kingdom | ||
Telephony, internet, television, and network-based ICT services are provided. | 1994 | proximus.com | Brussels, Belgium | |
MA Michel Akkermans | Belgian investor, founder of Clear2Pay, active in Indian fintech startups | unknown_3b0fdf698f12431d9 | ||
Graphics, painting, photo, video, and office software is provided. | 1995 | corel.com | Ottawa, Canada |
Investor details for Awingu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Awingu
4 dated milestones of Awingu across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Awingu is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $2.9M.
- Exit Acquired by Corel.
Web traffic of Awingu
Websites that share an audience with Awingu (awingu.com).
Websites whose visitors overlap most with Awingu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
google.tg | google.tg | 100% | #1,024,310 | – | |
findamo.com | findamo.com | 100% | – | ||
default-search.net | default-search.net | 100% | #413,200 | – | |
| facebook.com | 100% | 12.1B | #3 | View details | |
search.ask.com | search.ask.com | 100% | – |
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Related news about Awingu
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Frequently Asked Questions about Awingu
Awingu was founded in 2011.
Awingu is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Awingu is a funded company, having raised a total of $2.94M across 2 funding rounds to date.
Awingu has 16 employees.
Annual revenue of Awingu is $1.06M as on Dec 31, 2021.
Awingu was founded in 2011 in Ghent, Belgium, as a provider of cloud-based file-sharing software. A browser-based workspace is offered by the company, where files and applications are aggregated into a secure online environment. Access is enabled from any device or operating system through HTML5-compatible browsers. Features such as file management, document preview, HD audio and video streaming, session sharing, and multi-device compatibility are included in the operations.
Awingu has 5 investors. Key investors include Proximus Group, Corel, Pamica, Michel Akkermans, and Hummingbird Ventures.
Awingu operates through Awingu.
Yes. Awingu was acquired by Corel in June 2022.