What is Avatara?
Founded in 2005, Avatara has established itself as a cornerstone of the managed IT services landscape. The company specializes in providing a comprehensive, secure, and mobile-ready IT environment that caters to high-stakes industries including aerospace, healthcare, manufacturing, and banking. At the heart of its service offering is CompleteCloud, a flagship platform designed to eliminate the traditional capital expenditure barriers associated with IT infrastructure. By utilizing a predictable monthly cost-per-user model, Avatara enables organizations to modernize their technology stacks, enhance operational capabilities, and maintain a competitive edge without the burden of significant upfront investment. The platform is widely recognized for its rigorous security standards, making it a preferred choice for enterprises that prioritize data integrity and operational continuity.
How much funding has Avatara raised?
Avatara has raised a total of $10M across 1 funding round:
Private Equity
$10M
Private Equity (2019): $10M, investors not publicly disclosed
Key Investors in Avatara
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Avatara?
With this major strategic investment, Avatara is poised to scale its CompleteCloud infrastructure to meet the evolving needs of a digital-first economy. The company is expected to focus on expanding its footprint within the engineering, architecture, and legal sectors, where the demand for secure, mobile-accessible IT environments is at an all-time high. By leveraging this capital, Avatara will likely enhance its service delivery capabilities, potentially integrating advanced automation and cybersecurity features to further differentiate its offering in a crowded cloud services market. As the firm continues to refine its subscription-based model, the focus will remain on driving long-term value for its diverse client base while maintaining the high-touch, exceptional care that has defined its growth trajectory since its inception.
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