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ACQUIRED COMPANY
 
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Avvenu  Acquired by Nokia (2007  amount undisclosed )

410 Cambridge Avenue
Palo Alto, CA 94306
USA
650-330-1303
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Morgan Guenther (AirPlay Network Former President) Felix Lin (Qurb Former CEO) William P Tai (CRV) Tim Weingarten (Worldview Technology Partners)
Company

Business description: Avvenu is a free service that lets business users and consumers securely access their office and home computers directly from their web-enabled mobile device or computer. In addition to accessing their own content, Avvenu users can quickly and securely share access to their content with colleagues, friends and family. Avvenu users can securely access important documents when traveling, share pictures while still on vacation or distribute large files to colleagues -- in seconds. The Avvenu service is based on the company’s patentpending technology in media routing and managed peer-to-peer content access and distribution. Avvenu was founded by a team of professionals with expertise in the areas of P2P (peer-to-peer) file sharing, distributed computing systems, and VoIP (Voice-over-Internet Protocol) technology. The Avvenu service is based on the company’s patent-pending technology in media routing and managed peer-to-peer content access and distribution.
Partners include: Motorola
Capital

Rounds: 2
Recent Fundings: Jun 2006   Sep 2005
Capital raised: 9.7M
Last Round: 1.5M
Ownership: Acquired by Nokia (2007  amount undisclosed )
VCs include: CRV;  Worldview Technology
Corporate investors: SVB CapitalMotorola Ventures

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Overview
Record updated: Dec 2007
Sector: Communications
Year Founded: 2004
Rounds: 2
Recent Fundings: Jun 2006   Sep 2005
Capital Raised: 9.7M
Last Round: 1.5M
Ownership: Acquired by Nokia (2007  amount undisclosed )