When was Avid Technology founded?

Avid Technology was founded in 1987 and raised its 1st funding round 30 years after it was founded.

Where is Avid Technology located?

Avid Technology is headquartered in Burlington, United States. It is registered at Burlington, Massachusetts.

How many employees does Avid Technology have?

As of Apr 30, 2026, the latest employee count at Avid Technology is 1298.

Is Avid Technology a funded company?

Avid Technology is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jul 06, 2017.

When was the latest funding round of Avid Technology?

Avid Technology's latest funding was a $***** Conventional Debt round on May 16, 2018, with participation from 0 investor.

What is the annual revenue of Avid Technology?

Annual revenue of Avid Technology is $417M as on Dec 31, 2022.

Where does Avid Technology rank among its competitors?

Avid Technology ranks 1st amongst 129 active competitors, of which 9 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Animaj, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Avid Technology?

Avid Technology's top competitors include TVU Networks, Telestream and Vizrt. Among them, Animaj secured the most recent funding round in March, 2026.

Avid Technology - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of software to manage, distribute, and monetize content. It offers various suites, namely Artist, Media, Storage, and Studio. The Artist suite enables users to create audio, video, and graphics with creative tools. The Media suite enables users to manage, distribute, and monetize media. The Storage suite enables users to capture, store, protect, and play media. Studio suite, allows users to engage viewers with in-studio and sports enhancement tools.

Website: www.avid.com/
Social
Email ID: *****@avid.com
Registered Address: Burlington, Massachusetts

Key Metrics

Founded Year

1987

Location

Burlington, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, May 16, 2018, $*****

Investors

Herald Investment Management & 6 more

Ranked

1^st among 129 active competitors

Annual Revenue

$417M as on Dec 31, 2022

Employee Count

1,298 as on Apr 30, 2026

Investment & Acquisitions

Wolftech & 8 more

Similar Companies

TVU Networks & 145 more

Exit Details

Acquired by STG (Aug 10, 2023)

View Avid Technology's full profile

Avid Technology is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AVID SOFTWARE SOLUTIONS (INDIA) PRIVATE LIMITED CIN: U72200TG2007PTC055946 , India, Active	Oct 16, 2007	$0 (As on Mar 31, 2025)	11 (As on Mar 31, 2024)
Avid Technology, Inc. CIN: 42977748 , United States, Active	Dec 26, 999	$417M (As on Dec 31, 2022)	341 (As on Dec 31, 2024)	-
AVID CIN: 51503045471 , Latvia, Active	Apr 07, 2008	$220K (As on Dec 31, 2024)	2 (As on Dec 31, 2022)	-
Avid Technology, Inc. CIN: 2136897 , United States, Active	Sep 04, 1987	-	-	-

Avid Technology got acquired by STG on Aug 10, 2023.

Click here to take a look at Avid Technology's acquisition in detail

Avid Technology has raised funding over 2 rounds. Its first funding round was on Jul 06, 2017. Avid Technology has 7 institutional investors.

Here is the list of recent funding rounds of Avid Technology:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 16, 2018	1579932	Conventional Debt	3195267	3965158	5298026	1653375
Jul 06, 2017	3784226	Post IPO	9794683	1894446	6931979	NVM

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View details of Avid Technology's funding rounds and investors

Avid Technology's employee count trend

Avid Technology has 1,298 employees as of Apr 26. Here is Avid Technology's employee count trend over the years:

Employee count trend for Avid Technology

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Top competitors of Avid Technology include TVU Networks, Telestream and Vizrt. Here is the list of Top 10 competitors of Avid Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Avid Technology 1987, Burlington (United States), Acquired	Provider of software to manage, distribute, and monetize content	-	Herald Investment Management, Blum Capital ... & 5 others	71/100
2nd	TVU Networks 2005, Mountain View (United States), Series B	Provider of IP-based video solutions for live media production workflows	$13.6M	SBVA, NAV.VC & 4 others	69/100
3rd	Telestream 1998, Nevada City (United States), Acquired	Live and on-demand video streaming solutions provider	$59.3M	Ares Capital Corporation, Hallador & 4 others	68/100
4th	Vizrt 1997, Bergen (Norway), Acquired	Cloud-based media production and management tools provider	$12.1M	Concord Ventures, FSN Capital & 2 others	67/100
5th	Imagine Communications 2005, San Diego (United States), Acquired	Provider of digital video processing and edge multiplexing solutions	$34.2M	Viola Group, Columbia Capital & 2 others	67/100
6th	Planetcast 1996, Noida (India), Acquired	Provider of content management & distribution service	$11.9M	Kubera Cross-Border Fund, Veena Investment ... & 8 others	61/100
7th	Tagboard 2012, Redmond (United States), Series A	Cloud-based production platform for film industry	$22.5M	Grayhawk Capital, Next Frontier Capital & 12 others	60/100
8th	Animaj 2018, Paris (France), Series A	Provider of multi-platform franchises for kids and families through IP acquisition.	$192M	Bpifrance, HarbourView & 11 others	60/100
9th	MediaPlatform 2005, Beverly Hills (United States), Acquired	Enterprise video platform	$20.5M	Tudor, Monitor Ventures & 5 others	55/100
10th	RiverSilica 2009, Bengaluru (India), Series A	Hardware and software solution for IP streaming video delivery	$2.24M	Ojas Venture Partners, Exfinity Venture Partners ... & 23 others	54/100

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Avid Technology has made 1 investments in companies including Rocket Network. Avid Technology has also acquired 8 companies including Wolftech and Orad.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 07, 2024	Acquisition	Wolftech	2011	Bergen (Norway)
Apr 12, 2015	Acquisition	Orad	1993	Kfar Saba (Israel)
Apr 21, 2010	Acquisition	Euphonix	1988	Mountain View (United States)