AvePoint
 | |
| Company type | Public |
|---|---|
| Nasdaq: AVPT | |
| Industry | Computer software[1] |
| Founded | 2001 |
| Founder |
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| Headquarters | Jersey City, New Jersey, United States |
Key people |
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| Products |
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| Revenue |  $271.8 Million(2023)[2] |
Number of employees | ~2,650 (2024) |
| Website | |
AvePoint, Inc. is an independent software vendor of software as a service enabling organizations to collaborate with confidence and ensure a robust data foundation. Beyond secure, AvePoint secure Microsoft 365, Google, Dynamics 365, Salesforce etc.[3][4] AvePoint was founded in 2001 and is headquartered in Jersey City, New Jersey.
History
[edit]The company was backed by investors Goldman Sachs and Summit Partners, which acquired minority stakes in AvePoint in 2014 and 2007, respectively.[5]
In January, 2020 the company announced a $200 million Series C investment led by TPG Sixth Street Partners, with additional participation from prior investor Goldman Sachs and other unnamed investors. The round brought the total raised to $294 million to date.[6]
In November 2020, AvePoint reached a deal to go public through a merger with blank-check company Apex Technology Acquisition Corp.(APXT). The transaction valued AvePoint at $2 billion and kept AvePoint co-founders Tianyi Jiang and Kai Gong as CEO and Executive Chairman respectively.[3]
References
[edit]- ^ "The biggest risk corporations see in gen AI usage isn't hallucinations". CNBC. 16 May 2024.
- ^ "Q2 2024 Report".
- ^ a b "AvePoint Strikes Deal to Go Public Via Apex Technology SPAC". Bloomberg.com. 2020-11-23. Retrieved 2020-11-24.
- ^ "About". AvePoint. Retrieved 2020-11-17.
- ^ "Goldman Sachs to invest in AvePoint". Fortune. 2014. Retrieved 10 October 2014.
- ^ "AvePoint lands $200M investment to expand market for Microsoft cloud governance tools". TechCrunch. 8 January 2020. Retrieved 2020-11-17.