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AvantGo

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AvantGo, a business-to-business mobile Internet company

Hayward, United StatesFounded 1997Consumer Services
Valuation $25–50M Last recorded · 2002
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for AvantGo and the history behind them.

About AvantGo

AvantGo, Inc. operated at the forefront of the mobile internet wave, providing infrastructure software and services that enabled web content and corporate applications on handheld devices like PDAs and early smartphones. Founded in 1997 by Felix Lin, the San Mateo, California-based company developed technology that allowed users to synchronize and access web pages offline. Felix Lin, who served as CEO and Founder from 1997 to 2002, brought a rich background in technology, with previous roles at Oracle, NeXT, and Versant, and holds multiple degrees from MIT, including in Electrical Engineering, Computer Science, and Management.

The company's core offering was a browser that could function with a live internet connection but specialized in syncing web pages, including forms and JavaScript, for offline interaction. This was particularly valuable for intermittently connected devices. AvantGo's business model focused on enterprise clients, licensing its AvantGo Enterprise software to major corporations like American Express, Ford, and McKessonHBOC. While the company gained significant public recognition for its free consumer service, "My AvantGo," which amassed around 7 million registered users, this service was primarily a demonstration of its technology and was never profitably monetized. Revenue was primarily generated from enterprise software licensing and services aimed at mobilizing corporate workforces.

AvantGo experienced rapid growth, reaching nearly 400 employees and launching a successful initial public offering on September 28, 2000, with shares priced at $12, closing at $20 for a market capitalization of nearly $1 billion. Despite its early success and strong brand recognition, the company faced financial struggles. In a move to strengthen its position in the mobile middleware market, Sybase Inc. acquired AvantGo in a cash deal valued at approximately $38 million, which was finalized in early 2003. AvantGo was integrated into Sybase's iAnywhere Solutions subsidiary. The free public service was eventually discontinued on June 30, 2009, and following Sybase's acquisition by SAP in 2010, the AvantGo brand was phased out.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1997
Headquarters
Hayward, United States
Open positions
None listed
Dealroom signal
20.7/100
Industry
Media
Sub-industry
Content production
Sector
Consumer Services
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2002 $38M $38M Sybase —
LATE VC✓Equity / VC Apr 2000 $31M $124M Adobe Ventures · American Express · Goldman Sachs · BlackBerry —
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Growth signals

AvantGo website traffic

Latest recorded traffic for AvantGo is 220 monthly website visits, down 52.2% over the last three months.

Latest monthly visits220 3-month web change-52.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later7 investors entered at this stage

Other known investors1 additional known investor

  • Sybase
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Hayward HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about AvantGo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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