Avast Software s.r.o. is a Czech multinational cybersecurity software company headquartered in Prague.

Basic Information

Avast Software researches and develops computer security software, machine learning and artificial intelligence. Avast was founded by Pavel Baudiš and Eduard Kučera in 1988 as a cooperative. Avast develops and markets business and consumer IT security products for servers, desktops, and mobile devices. The company sells both the Avast product line and the acquired AVG-branded products. As of late 2017, the company had merged the AVG and Avast business product lines and were working to integrate the corporate departments from both companies. Additionally, Avast has developed utility software products to improve battery life on mobile devices, cleanup unnecessary files on a hard drive, find secure wireless networks or create a VPN connection to the internet. Avast and AVG consumer security software are sold on a freemium model, where basic security features are free, but more advanced features require purchasing a premium version. The free version is also supported by ads. Additionally, all Avast users provide data about their PC or mobile device to Avast, which is used to identify new security threats. Antivirus scanning, browser cleanup, a secure browser, password management, and network security features are provided for free, while firewall, anti-spam, and online banking features have to be purchased. See more

Legal Name

:

Avast Software s.r.o.

Headquarters

:

Prague, Praha, Czech Republic

Founding Date

:

1988

No. of Employees

:

1000+

Core Team

:
1.

Ondrej Vlcek

Chief Executive Officer

2.

John Schwarz

Chairman

Funding

Total Funding

$100.0M

Investors

:

1.

Summit Partners

2.

CVC Capital Partners