Tech Company Financing Transactions
Avere Systems Funding Round
On 6/30/2014, Avere Systems announced $20 million in financing from Menlo Ventures, Norwest Venture Partners and Tenaya Capital.
Transaction Overview
Company Name
Announced On
6/30/2014
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
910 River Ave.
Pittsburgh, PA 15212
USA
Pittsburgh, PA 15212
USA
Phone
Website
Email Address
Overview
Avere Systems provides Demand-Driven Storage solutions that dynamically organize data in response to business demand. Our long-term vision is a storage network in which the delivery of data is no longer compromised by residing within the same storage tier as data retention functionality, both within the data center and out into the cloud.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ronald Bianchini
Chief Financial Officer
John Dean
Chief Technical Officer
Michael Kazar
VP - Bus. Development
Mike McMahon
VP - Customer Service
Jeffrey Butler
VP - Engineering
David Stephenson
VP - Marketing
Rebecca Thompson
VP - Sales
Chris Bowen
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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