# Avalanche Technology funding: rounds and investors

> Avalanche Technology has raised $148M across 10 rounds since 2007. Investors include Thomvest Ventures, Sequoia Capital and Bessemer Venture Partners.

Source: https://millionrounds.com/company/avalanche-technology (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Avalanche Technology*

10 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

DevOps

Funding summary Updated 26 Oct 2026

**$148M** raised across 10 rounds since 2007, from 11 sources

**$4.5M** Series A **$950K** Debt **$7.5M** Series B **$12M** Series C **$35M** Series D **$330K** Series C **$5.0M** Series D **$25M** Venture **$25M** Series E **$33M** Round

- **Latest round:** Round, $33M May 2019
- **Biggest round:** $35M Series D · Jul 2012
- **Step-up i:** 1.3×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015 2017 2019

**$4.5M** Series A

**$950K** Debt

**$7.5M** Series B

**$12M** Series C

**$35M** Series D

**$25M** Venture

**$25M** Series E

**$33M** Round

- **First round:** Series A, $4.5M
- **Biggest round:** $35M
- **Usual gap between rounds:** 2 years

## The rounds

- **May 2019** Round **$33M** *1 returning* [Thomvest Ventures](https://millionrounds.com/fund/thomvest) Reported by FinSMEs SEC filing: $3.5M sold, first sale Feb 2019
- **Dec 2015** Series E **$25M** No investor was named in the report. From a historical funding record SEC filing: $25M sold, first sale Nov 2015
- **Dec 2015** Venture **$25M** No investor was named in the report. From a historical funding record SEC filing: $25M sold, first sale Nov 2015
- **Mar 2013** Series D **$5.0M** *1 returning* [Rogers Venture Partners](https://millionrounds.com/fund/rogers-venture-partners) Reported by rogersvp.com
- **Jul 2012** Series C **$330K** No investor was named in the report. Reported by sec.gov SEC filing: $330K sold, first sale Jun 2012
- **Jul 2012** Series D **$35M** *3 new* *4 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Rogers Venture Partners](https://millionrounds.com/fund/rogers-venture-partners) [VTB Capital Investment Management](https://millionrounds.com/fund/vtb-capital-investment-management) Reported by pevc.dowjones.com SEC filing: $330K sold, first sale Jun 2012
- **Jan 2012** Series C **$12M** *3 new* *3 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Qualcomm](https://millionrounds.com/fund/qualcomm) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Leader Ventures](https://millionrounds.com/fund/leader-ventures) Reported by venturebeat.com
- **Feb 2010** Series B **$7.5M** *3 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) Reported by sec.gov and 1 other SEC filing: $7.5M sold, first sale Dec 2009
- **Sept 2009** Debt **$950K** No investor was named in the report. From a historical funding record
- **Jan 2007** Series A **$4.5M** No investor was named in the report. From a historical funding record

## Founders and team

From Avalanche Technology's own website: 1 founder, 5 on the team.

**Petro Estakhri** CEO/ President/ Founder/ Director

- **Dr. Yiming Huai** CTO/ VP of Technology & Foundry Business
- **Bob Netter** Chief Finanical Officer
- **Danny Sabour** VP of Sales & Marketing
- **Ebrahim Abedifard** VP of Engineering
- **Sam Nemazie** VP of Operations

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2010 **Series C** 2012 **Series D** 2012 **Series C** 2012 **Series D** 2013 **Venture** 2015 **Series E** 2015 **Round** 2019 [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Rogers Venture Partners](https://millionrounds.com/fund/rogers-venture-partners) [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) [Qualcomm](https://millionrounds.com/fund/qualcomm) [Leader Ventures](https://millionrounds.com/fund/leader-ventures) [VTB Capital Investment Management](https://millionrounds.com/fund/vtb-capital-investment-management)

## Everyone who backed them

[Thomvest Ventures](https://millionrounds.com/fund/thomvest) VC firm **4** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **3** rounds

[Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) Family office **2** rounds

[Rogers Venture Partners](https://millionrounds.com/fund/rogers-venture-partners) Corporate VC **2** rounds

[Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Corporate VC **1** round

[Qualcomm](https://millionrounds.com/fund/qualcomm) Corporate VC **1** round

[Leader Ventures](https://millionrounds.com/fund/leader-ventures) Growth equity **1** round

[VTB Capital Investment Management](https://millionrounds.com/fund/vtb-capital-investment-management) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=avalanche-technology).

## Quick answers about Avalanche Technology

### Who invested in Avalanche Technology?

Avalanche Technology's investors include Thomvest Ventures, Sequoia Capital, Bessemer Venture Partners, Vulcan Capital and Rogers Venture Partners, and 4 more on record.

### How much has Avalanche Technology raised?

Avalanche Technology has raised $148M across 10 rounds since 2007.

### When did Avalanche Technology last raise?

Avalanche Technology's most recent round was an Undisclosed round of $33M in May 2019.

### What was Avalanche Technology's biggest round?

Avalanche Technology's largest round on record is $35M (Series D), in Jul 2012.

### Who backed Avalanche Technology first?

Avalanche Technology's first round on record, in Feb 2010, was backed by Sequoia Capital, Bessemer Venture Partners and Thomvest Ventures.

### What stage is Avalanche Technology at?

Avalanche Technology's latest named round is an Undisclosed round, in May 2019.

### Where is Avalanche Technology based?

Avalanche Technology is based in the United States.

## Companies like Avalanche Technology

In the same sector, and raised in the last eighteen months.

[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Transfyr** $25M · Aug 2026](https://millionrounds.com/company/transfyr)[**Genera** $10M · Aug 2026](https://millionrounds.com/company/genera)[**Copia Automation** $40M · Jun 2026](https://millionrounds.com/company/copia-automation)[**Honeycomb** $117M · Jun 2026](https://millionrounds.com/company/honeycomb)[**Coralogix** $326M · Jun 2026](https://millionrounds.com/company/coralogix)

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