AVG
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$52.0m | Growth Equity VC | ||
$200m | Growth Equity VC | ||
N/A | $128m Valuation: $923m | IPO | |
* | $1.3b Valuation: $1.3b | Acquisition | |
Total Funding | $252m |
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Recent News about AVG
EditAVG Technologies, a subsidiary of Avast Software B.V., specializes in providing advanced cybersecurity solutions to both individual consumers and businesses. Operating in the global cybersecurity market, AVG offers a comprehensive suite of products including antivirus software, internet security, and identity protection tools. The company serves a diverse client base ranging from individual users seeking to protect their personal data to businesses requiring robust security measures to safeguard sensitive information.
AVG's business model revolves around a freemium approach, where basic services are offered for free, and advanced features are available through paid subscriptions. This model allows AVG to attract a large user base and convert a portion of these users into paying customers. Revenue is generated through subscription fees, premium upgrades, and partnerships with other technology firms.
The company has garnered numerous awards for its products, reflecting its commitment to quality and innovation in the cybersecurity space. AVG's strategic partnerships, such as the exclusive internet security solutions partnership with Synnex in Australia and New Zealand, further enhance its market reach and service offerings.
Keywords: cybersecurity, antivirus, internet security, identity protection, freemium model, subscriptions, partnerships, data protection, award-winning, global market.