Monday, March 4, 2024
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A New Chapter for AvePoint

This morning, AvePoint announced that Goldman Sachs has invested $90 million as a minority investor in AvePoint’s future.

So what does this mean for AvePoint, and what does it mean for our customers and partners?

AvePoint has been undergoing an evolution in the past several years, building upon its history in offering you award-winning infrastructure management solutions that help enterprises optimize, manage, and protect your Microsoft SharePoint deployments. This is even more evident in the latest home page update.

But as organizations have evolved in their use of enterprise collaboration technologies – whether it’s SharePoint, Dynamics CRM, Office 365, and other content and collaboration platforms – AvePoint has heard the message loud and clear: It’s vital AvePoint supports its customers and partners in every chapter of the enterprise collaboration story, to support you where you work, and how you work.

With this investment from Goldman Sachs, one of the biggest and most sophisticated banks in the world, it indicates further market validation of AvePoint and its future. AvePoint will continue to help you navigate the disruptive technology trends customers and partners face today while still providing the high quality services and support they’ve come to expect. AvePoint will continue its global expansion to better service its customers and partners, and expedite product development to make sure AvePoint stays ahead of tomorrow’s trends so customers and partners can rest assured they won’t fall behind.

What do those chapters look like for AvePoint? To successfully enable collaboration, solutions for compliance, data governance, mobility, and online services are essential to augment infrastructure management.

Compliance: AvePoint has made significant investments in offering you a comprehensive governance, risk and compliance platform that reduces privacy, security, and compliance risks across the enterprise with AvePoint Compliance Guardian. AvePoint also teamed up with privacy industry heavyweights such as the International Association of Privacy Professionals to offer a free community solution – AvePoint Privacy Impact Assessment System – to help enterprises understand and automate how you evaluate, assess, and report on the privacy implications of their IT systems. Join more than 1,000 practitioners already using APIA today.

Data Governance: Provide content and collaboration platforms as a service to business users by automating the way configurable services are requested, provisioned, and reported with DocAve Governance Automation.

Mobility: AvePoint Perimeter provides mobility as a service to the workforce, supporting mobile content management, remote access with geo-fencing, secure file sharing, virtual views, and centralized access controls. Mobile devices and remote access are no longer nice to haves – it is a fundamental business demand. With AvePoint, support this business reality with the confidence the data is safe and secure.

Online Services: With the release of AvePoint Online Services, a fully Windows Azure based SaaS management platform for Office 365 and any cloud-hosted SharePoint environment, extend cloud computing – for business users, decision makers, or IT administrators. Join the nearly 1 million Office 365 users AvePoint already supports today.

At the end of the day, AvePoint’s mission has always been the same: To deliver world-class products and high-quality service to help customers and partners revolutionize their businesses. I’m excited because I know that this investment will help us meet our customers and partners’ needs better, faster. I’m also excited for what the future holds for all of us as we embrace this next stage in changing the way we work. I look forward to sharing more announcements around our innovation and expansion in the months to come.

Dr. Tianyi Jiang (TJ) co-founded AvePoint in 2001 and has served as the organization's Chief Executive Officer since 2005. TJ is responsible for overall strategy and direction of AvePoint, which includes product innovation, investor relations, and business development. He is focused on delivering value to customers, partners, shareholders, and the AvePoint team, every day. A recipient of Ernst & Young’s Entrepreneur of the Year award in New Jersey in 2010, TJ received both B.S. and master’s in electrical and computer engineering from Cornell University, and a Master of Philosophy and PhD in Data Mining from Department of Information Systems, Operations Management, and Statistics, Stern School of Business, New York University.



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