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Avere Systems
Cybersecurity · Pittsburgh, United States · Founded 2008
A leading provider of high-performance NFS and SMB file-based storage for Linux and Windows clients running in cloud, hybrid and on-premises environments MoreLess
Avere Systems, established in 2008, was founded by a team with deep roots in the data storage industry, including President and CEO Ron Bianchini, Michael Kazar, and Daniel Nydick. The founding team's collective experience, notably from companies like FORE Systems and Spinnaker Networks, shaped Avere's direction in tackling complex storage challenges. The company carved out a niche for itself by providing high-performance, scalable file storage solutions for hybrid cloud environments.
Avere's core business centered on its FXT Edge Filers, physical or virtual appliances that created a caching layer between active data and traditional storage systems. This technology was designed to accelerate data access for compute-intensive tasks, effectively bridging the performance gap between on-premises infrastructure and public cloud resources. This model catered to enterprises, particularly in sectors like media and entertainment, life sciences, and financial services, that run large-scale workloads and require rapid access to massive datasets. By deploying Avere's solutions, clients could optimize their existing storage investments while seamlessly integrating cloud platforms like Amazon S3 and Google Cloud Storage without sacrificing performance.
The company's technology functioned as a software and hardware appliance that built a tiered storage system, ensuring that frequently accessed data was kept in the fastest available medium, such as RAM or flash memory, while less critical data remained in slower, more cost-effective storage. This approach dramatically reduced latency and boosted the efficiency of high-performance computing (HPC) workflows. In January 2018, recognizing the strategic value of Avere's technology in enabling complex workloads in the cloud, Microsoft acquired the company. The integration of Avere's file system and caching expertise into the Azure portfolio aimed to enhance Microsoft's offerings for high-performance computing, leading to the development of services like Azure FXT Edge Filer.
Keywords: high-performance computing, hybrid cloud storage, file storage, data caching, edge filers, storage optimization, media & entertainment, life sciences, financial services, Microsoft Azure
Company overview
Avere Systems company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2008
- Headquarters
- Pittsburgh, United States
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 66.7
Valuation & funding
Avere Systems funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jan 2018 | $0 | — | Microsoft | — |
| SERIES EOther financing | Mar 2017 | $14M | $70M | Lightspeed Venture Partners · Menlo Ventures · Alphabet | Google · Tenaya Capital | — |
| SERIES DOther financing | Mar 2015 | $11M | $44M | Western Digital Capital · Menlo Ventures | — |
| SERIES DOther financing | Jul 2014 | $20M | $80M | Menlo Ventures · Tenaya Capital · Norwest Venture Partners · Lightspeed Venture Partners | — |
| SERIES COther financing | Jul 2012 | $20M | $80M | Norwest Venture Partners · Lightspeed Venture Partners · Menlo Ventures · Tenaya Capital | — |
| SERIES BOther financing | Aug 2010 | Tenaya Capital · Menlo Ventures · Norwest Venture Partners | — | ||
| SERIES AOther financing | Sep 2009 | Menlo Ventures · Norwest Venture Partners | — |
Growth signals
Avere Systems website traffic
Latest recorded traffic for Avere Systems is 230 monthly website visits, up 155.6% over the last three months. Avere Systems's team declined 38.9% over the past year.
Comparisons
Avere Systems compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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WatchDoxAllows businesses to access their documents securely |
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BoxProvides secure cloud content management and collaboration platform |
Redwood City, United States | Operational | |||
Prolexic TechnologiesDistributed denial of service (DDoS) mitigation service provider |
Los Angeles, United States | Acquired | |||
ScaleMPIdentifying your provider and visit |
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Talent graph
Avere Systems's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Avere Systems has talent and traffic
team presence
In the news
Latest news about Avere Systems
Recent press, funding announcements, and product moves mentioning Avere Systems — open to read from the original sources.
Market sentiment
What the market is saying about Avere Systems
An AI-synthesized read of the highest-engagement posts about Avere Systems on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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