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Avere Systems
company
About
Avere Systems offers NAS optimization solutions designed to scale performance and take advantage of new flash-based storage media.
- 51 - 100
Highlights
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $17M
- Industries
- Cloud Infrastructure,Data Storage,Hardware,Web Hosting
- Founded date
- Jan 1, 2008
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Avere is radically changing the economics of data storage. Avere’s flash based solutions give companies – for the first time – the ability to put an end to the rising cost and complexity of data storage by giving customers the freedom to store files anywhere in the cloud or on-premises without sacrificing the performance, availability or security of their data. Based in Pittsburgh, Avere is run by veterans and thought leaders in the data storage industry and is backed by investors Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$86M
Avere Systems has raised a total of
$86M
in funding over 2 rounds. Their latest funding was raised on
Mar 21, 2017 from a Series E round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 21, 2017 | Series E | $14M | 1 | — | — | Detail |
| Jul 10, 2014 | Series D | $20M | 1 | — | — | Detail |
| Jul 10, 2012 | Series C | $20M | 1 | — | — | Detail |
| Aug 5, 2010 | Series B | $17M | 1 | — | — | Detail |
| Sep 14, 2009 | Series A | $15M | 1 |
Norwest Venture Partners
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Avere Systems is funded by 1 investors.
Norwest Venture Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Norwest Venture Partners
|
— | Series E |
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