How Much Did AVTEG Raise?
Funding & Key Investors

AVTEG has secured $85K in recent financing, contributing to a total funding amount of $85K. This substantial expansion capital, reported on February 16, 2021, signals a significant growth phase for the company, likely aligning with its Series B/C stage of development. The company operates within the dynamic Cable & Satellite sector, aiming to leverage this investment for strategic expansion and market penetration.

What is AVTEG?

AVTEG
TelecommunicationsCable & SatelliteBusiness Services

AVTEG Inc. is a notable entity operating within the Cable & Satellite industry. Headquartered in Huntington, New York, the company employs between 5 to 9 individuals and generates revenue in the range of $1 million to $5 million. Its focus on the cable and satellite infrastructure or service provision positions it within a critical segment of the telecommunications landscape. The recent capital infusion is expected to bolster its operational capabilities and market reach.

How much funding has AVTEG raised?

AVTEG has raised a total of $85K across 1 funding round:

2021

Debt

$85K

Debt (2021): $85K with participation from PPP

Key Investors in AVTEG

PPP

Public-Private Partnership

What's next for AVTEG?

With significant Series B/C stage funding, AVTEG is poised for accelerated growth and strategic initiatives. The company is likely to invest in expanding its service offerings, enhancing its technological infrastructure, or potentially pursuing market consolidation within the Cable & Satellite industry. This investment underscores investor confidence in AVTEG's business model and its potential to capture a larger market share. Future developments may include service area expansion, technological upgrades, and strategic partnerships to solidify its competitive position.

See full AVTEG company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Telecommunications industry

TelecommunicationsVoIP
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunicationsBusiness ServicesDocument Management
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunicationsBusiness ServicesSoftware Testing
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications

Frequently Asked Questions Regarding AVTEG Financial Insights

What are the most recent funding rounds that AVTEG has completed, and what were the funding rounds?
AVTEG has recently completed 1 funding rounds: Debt on Feb 16, 2021.
What is the total amount of funding AVTEG has raised to date?
AVTEG has raised a total of $85K in funding to date.
How many funding rounds has AVTEG completed?
AVTEG has completed 1 funding rounds.
How much funding did AVTEG raise in its most recent funding round?
AVTEG raised $85K in its most recent funding round.
Who are the lead investors in AVTEG's latest funding round?
The lead investor in AVTEG's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AVTEG's history?
The largest funding round in AVTEG's history was $85K.
See more information about AVTEG