Avere Systems, Inc
| Private | |
| Founded | 2008 |
| Founder | Ronald Bianchini, Jr. Michael L. Kazar Dan Nydick |
| Headquarters | Pittsburgh, Pennsylvania, United States |
|
Key people
|
Ronald Bianchini, Jr., CEO Michael L. Kazar, (CTO) |
| Website | www |
Avere Systems is a privately held technology company that produces computer data storage and data management infrastructure. The company is based in Pittsburgh, Pennsylvania. Avere was founded in 2008. As of March 2017, the company had raised over $90 million in funding.
Avere's clients include the Centers for Disease Control and Prevention's Office of Infectious Diseases, the Library of Congress, Turner Broadcasting and Rising Sun Pictures.
Avere Systems was founded in 2008 by Ronald Bianchini, Jr., Ph.D., Michael L. Kazar, Ph.D and Dan Nydick. In December 2008, Avere announced a $15 million investment led by Menlo Ventures and Norwest Venture Partners. In August 2010, Avere raised $17 million, led by Tenaya Capital with participation of existing investors. In July 2012, Avere raised $20 million, led by Lightspeed Venture Partners. In 2014, the company announced an additional $20 million in venture financing, bringing the total to $72 million. The series D round was led by Western Digital Capital. Kazar, the company's CTO, received a lifetime achievement award in 2013 for his contributions to data storage from the world's largest technology professional membership association. Avere Systems and its CEO, Ronald Bianchini Jr. won the Carnegie Science Award for Information Technology in 2014.
In 2014, the company announced an additional $20 million in venture financing, bringing the total to $72 million. The Series D round was led by Western Digital Capital. In 2015, Avere was named as Google's cloud platform technology partner of the year.
In March 2017, Avere raised an additional $14 million in a funding round that included previous investors and Google.
Avere Systems released its first FXT Series storage appliances in November 2009. The FXT series uses automated storage tiering to process data. The company launched a virtual version of its filer, called the Virtual FXT Edge filer (vFXT) to enable customers to use cloud compute without moving data from on-premises storage. In 2016, Avere released the FXT 5000 series of edge filers, which doubled performance and capacity over previous models. The 5200 model was released for users with lower performance workloads in April 2016.
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