Avanan

Cloud Email Security Platform

Cyber Security
Acquired (Inactive) by Check Point Software Technologies on Sep 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in July 2014 by Gil Friedrich, Michael J Landewe, Avi Zelovich, and Roy Rotem, Avanan operated with 51–200 employees. The company raised $41.4 million across 3 funding rounds from 3 investors. Avanan was acquired by Check Point Software Technologies in September 2021.

Business overview

Avanan provides a cloud email security platform designed to detect and prevent advanced cyberattacks that bypass standard security tools. Its core technology offers invisible, multi-layer protection for cloud collaboration solutions, including Office 365, G-Suite, and Slack. The platform integrates via API to combat business email compromise, phishing, malware, data leakage, account takeover, and shadow IT across enterprise environments, aiming to consolidate security needs for the entire cloud collaboration suite. Avanan primarily serves the Cyber Security sector, with a focus on enterprises in the United States.

Strategic signal

In November 2021, Avanan, acquired by Check Point Software Technologies, was recognized as one of the fastest-growing email security companies in North America on the 2021 Deloitte Technology Fast 500. This recognition validates Avanan's market traction and technological effectiveness in the competitive cybersecurity landscape, signaling strong post-acquisition growth potential and strategic value to its acquirer.

Company Intelligence Q&A

When was Avanan acquired?
Avanan was acquired by Check Point Software Technologies in September 2021.
What was a significant recognition for Avanan after its acquisition?
In November 2021, Avanan was recognized as one of the fastest-growing email security companies in North America on the 2021 Deloitte Technology Fast 500, following its acquisition by Check Point Software Technologies.
What was Avanan's last disclosed funding round?
Avanan secured a funding round in December 2018 with investments from Greenfield Partners, Magma Venture Partners, and StageOne Ventures.
What product capability did Avanan deliver in November 2020?
In November 2020, Avanan delivered Data Loss Prevention and Malicious Content Protection capabilities specifically for Microsoft Teams.
What patent did Avanan receive in December 2019?
In December 2019, Avanan was granted a cybersecurity patent for email-based Shadow IT discovery.

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