Tech Company Financing Transactions

Averon Funding Round

Avalon Ventures, Salesforce Ventures and private investors participated in a $5 million Series A venture round for Averon. The round closed on 3/22/2018.

Transaction Overview

Company Name
Announced On
3/22/2018
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors

Avalon Ventures (Lead Investor) (Brady Bohrmann)

Salesforce Ventures (Lead Investor) (Marc Benioff)

Proceeds Purpose
The funds will accelerate expansion of Averon's digital identity innovations, including the industry's premier mobile authentication solution that works seamlessly whether users are on Wi-Fi or LTE.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
995 Market St. 2nd Floor 410
San Francisco, CA 94103
USA
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.
Profile
Averon LinkedIn Company Profile
Social Media
Averon Company Twitter Account
Company News
Averon News
Facebook
Averon on Facebook
YouTube
Averon on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Wendell Brown
  Wendell Brown LinkedIn Profile  Wendell Brown Twitter Account  Wendell Brown News  Wendell Brown on Facebook
Chief Operating Officer
Lea Tarnowski
  Lea Tarnowski LinkedIn Profile  Lea Tarnowski Twitter Account  Lea Tarnowski News  Lea Tarnowski on Facebook
Chief Technical Officer
Mark Herschberg
  Mark Herschberg LinkedIn Profile  Mark Herschberg Twitter Account  Mark Herschberg News  Mark Herschberg on Facebook
Vice President
Thomas Green
  Thomas Green LinkedIn Profile  Thomas Green Twitter Account  Thomas Green News  Thomas Green on Facebook
VP - Operations
Aaron Mahone
  Aaron Mahone LinkedIn Profile  Aaron Mahone Twitter Account  Aaron Mahone News  Aaron Mahone on Facebook
VP - Sales
Brendan O'Donohoe
  Brendan O'Donohoe LinkedIn Profile  Brendan O'Donohoe Twitter Account  Brendan O'Donohoe News  Brendan O'Donohoe on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/22/2018: Celsius venture capital transaction
Next: 3/22/2018: Umuse venture capital transaction

 

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Where The Data Comes From

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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