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Avid Technology
Media platform specializes in digital media creation tools for film, video, audio, and broadcast professionals
About Avid Technology
Avid Technology, Inc. is a leading provider of innovative technology and collaborative tools designed to empower media creators in the entertainment, news, and music industries. The company serves a diverse range of clients including filmmakers, TV producers, news organizations, music artists, and live performance professionals. Operating in the global media and entertainment market, Avid offers a suite of products such as Media Composer, Pro Tools, and Sibelius, which are essential for video editing, audio production, and music composition respectively. Avid's business model revolves around the sale of software licenses, hardware, and subscription services. The company generates revenue through direct sales, as well as through partnerships with resellers and distributors. Avid also offers cloud-based solutions and remote collaboration tools like AVID NEXIS EDGE, enabling creative professionals to work seamlessly from any location. The company's commitment to innovation and quality has made its tools a staple in the production of award-winning content, including every record nominated for Record of the Year in the 2022 Awards. Avid's vibrant creative community further enhances its value proposition, providing users with opportunities to expand their networks, promote their work, and find new projects.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 1987
- Headquarters
- Burlington, United States
- Listing
- IPO 1993
- Employees
- 1,255
- Open positions
- 15
- Dealroom signal
- 64.7/100
- Industry
- Media
- Sector
- Consumer Services, Entertainment, Broadcast
- Technology
- Hardware
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 11 companies, latest Oct 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| BUYOUT✓Exit | Nov 2023 | $1.4B | $1.4B | Symphony Technology Group | ↗ |
| IPO✓Exit | Mar 1993 | $0 | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Avid Technology is 1.2M monthly website visits, down 7.7% over the last three months. Avid Technology's team declined 22% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Wolftech Broadcast SolutionsBergen, NorwayProviding smart and innovative software solutions to enhance content workflows in contemporary news organisations
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Orad Hi-Tec SystemsKfar Saba, IsraelState-of-the-art 3D real-time graphics, video servers and related asset management solutions
$70Mvaluation
RN
Rocket NetworkSan Francisco, United StatesOnline music recording studios
$32Mvaluation
EU
EuphonixBurlington, United StatesEngages in the production and sale of digital audio consoles, media controllers
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BS
Blue Order SolutionsKaiserslautern, GermanyMedia asset management solutions
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SD
Sundance DigitalIrving, United StatesGatorware - Custom Programming Solutions
$12Mvaluation
M-AudioSeattle, United StatesLeading provider of creative tools for electronic musicians and audio professionals
$80Mvaluation
NXN SoftwareMunich, GermanyLeading supplier of Digital Asset and Production Management solutions for the computer graphics and digital entertainment industries
$32Mvaluation
TF
The Motion FactoryFremont, United StatesA company specializing in applications for the creation, delivery and playback of interactive rich 3-D media for character-driven games
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DI
DigidesignBurlington, United StatesDigidesign designs, develops, and manufactures digital audio production systems
$200Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Greylock Partners
Series B and later2 investors entered at this stage
Kortschak Investments
Symphony Technology Group
Other known investors1 additional known investor
Osnat Ronen
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Avid Technology 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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