What is Avatara?
Founded in 2005 and headquartered in St. Louis, MO, Avatara operates as a premier national cloud computing IT platform provider. The company caters to a diverse range of industries that prioritize secure, productive, and mobile IT environments. Key sectors benefiting from Avatara's services include engineering/architecture, healthcare, manufacturing, banking, aerospace, distribution, and legal. Avatara's core offering, CompleteCloud, is positioned as the most secure IT platform available, delivered through a cost-effective monthly per-user subscription model. This approach allows clients to upgrade their technology, enhance capabilities, and improve their competitive standing without upfront capital expenditure.
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
What's next for Avatara?
With substantial enterprise-level backing and a recent strategic investment, Avatara is poised for continued scaling and market penetration. The company's focus on providing a secure, affordable, and comprehensive cloud IT solution positions it favorably in an increasingly digital business landscape. Future developments are likely to involve further enhancement of the CompleteCloud platform, expansion of its service offerings, and potentially broader market reach, leveraging the recent capital to solidify its competitive advantage and explore new avenues for growth in the cloud services sector.
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