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07.10.2014 - Avere Systems Cracks the Code for Hybrid Cloud Storage; Raises $20 Million to Accelerate Growth

View RealWire related news. PITTSBURGH, PA - July 10, 2014 - Avere Systems, a leading provider of enterprise storage for the hybrid cloud, announced that it has raised an additional $20 million in venture financing, bringing the total amount invested in the company to $72 million. The Series-D funding round was led by Western Digital Capital, with participation from previous investors Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. The funding will be used to accelerate... Source: RealWire

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