Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its start in 2008 with a mission to use fast, flash-based storage in the most efficient, effective manner possible. What the team had discovered was a technology that optimized storage resources and reduced dependencies on sprawling storage installations. Launched as the Avere OS, this advanced file system not only boosted performance within standard, on-premises, network-attached storage systems but also within diverse, hybrid architectures that include cloud provider services and other types of object storage.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/10/14 | $20,000,000 | Series D |
Menlo Ventures Tenaya Capital Western Digital | undisclosed |
| 03/21/17 | $14,000,000 | Series E |
Google Inc Menlo Ventures Tenaya Capital Western Digital | undisclosed |
