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Avere Systems
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
About Avere Systems
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2008
- Headquarters
- Pittsburgh, United States
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 66.7/100
- Industry
- Security
- Sub-industry
- Cloud & Infrastructure
- Sector
- Cybersecurity, Cloud Infrastructure, Web Hosting, File Sharing, Risk Management, Entertainment, Data Analytics, Hosting, Architecture, Appliances
- Technology
- Hardware
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
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 | — |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Series B and later3 investors entered at this stage
Lightspeed Venture Partners
Western Digital Capital
Alphabet | Google
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Avere Systems on X, ranked by likes and reposts, corporate channels excluded.
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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