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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
client focusb2btechnologyHardwaresub industryCloud & InfrastructuresectorCloud InfrastructuresectorWeb Hostingbusiness modelSaaSindustrySecuritysectorFile SharingsectorRisk ManagementsectorEntertainmentsectorData AnalyticssectorHostingsectorArchitecturesectorAppliances

Valuation & funding

Avere Systems funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
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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.

Latest monthly visits230 3-month web change+155.6% 1-year team growth-38.9%
Monthly website visits51 observations · Apr 2016–Jul 2022
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Comparisons

Avere Systems compared with similar companies

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Talent graph

Avere Systems's talent

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Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

7 investors on Avere Systems's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series B+ 3 investors entered at this stage
Other known 1 additional known investor

Global footprint

Where Avere Systems has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States83.3%
🇪🇹 Ethiopia16.7%
2 countries shown

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.

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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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