Tech Company Financing Transactions
Averon Funding Round
Averon, based in San Francisco, secured $8.3 million from Avalon Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/25/2017
Transaction Type
Venture Equity
Amount
$8,300,000
Round
Series A
Investors
Avalon Ventures (Lead Investor) (Richard Levandov)
Proceeds Purpose
The financing will accelerate Averon's rollout strategy in its mission to secure mobile life across the entire digital world, including banking and ecommerce, fraud prevention, smart vehicles and homes, blockchain and IoT devices.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
995 Market St. 2nd Floor 410
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
We started by seeking better ways to bring authenticity to security and soon found our expertise gave rise to a revolutionary new solution: Direct Autonomous Authentication (DAA), the world's only fully automated mobile security platform. Our DAA technology requires zero effort by users and is live today on all US carriers.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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