Onavo

Company Overview

Snapshot

Founded in September 2009 by Guy Rosen and Roi Tiger, Onavo operated with 1–10 employees. The company raised a total of $13 million across two funding rounds from four investors. Onavo was acquired by Meta in October 2013.

Business overview

Onavo develops award-winning mobile applications designed to help users save, measure, and protect their mobile data. The company offers three core applications: Extend, which provides data management suggestions; Count, which delivers detailed reports on data usage across various applications; and Protect, which secures user information and data during browsing and online transactions. Onavo operates within the Business Software sector, focusing on mobile applications and data management solutions for individual consumers.

Strategic signal

In August 2018, Apple removed Facebook's Onavo from the App Store due to concerns over its data gathering practices. This event highlighted significant industry scrutiny regarding user privacy and data collection methods, signaling a shift towards stricter platform policies and increased regulatory oversight for mobile applications, particularly those involved in analytics and data management.

Company Intelligence Q&A

When was Onavo acquired?

Onavo was acquired by Meta in October 2013.

Which investors participated in Onavo's January 2012 funding round?

In January 2012, Onavo received funding from Horizons Ventures, Magma Venture Partners, Motorola Solutions, and Sequoia Capital.

Which investors participated in Onavo's May 2011 funding round?

In May 2011, Onavo received funding from Sequoia Capital and Magma Venture Partners.

What was the total capital raised by Onavo?

Onavo raised a total of $13 million across two funding rounds.

What was a significant news event concerning Onavo in August 2018?

In August 2018, Apple removed Facebook's Onavo from the App Store due to its app data gathering practices.