Avere Raises $20 Million in Series-D Round Led by Western Digital

»»Avere Raises $20 Million in Series-D Round Led by Western Digital

Avere Systems, Inc. has raised an additional $20 million in venture financing, bringing the total amount invested in the company to $72 million.Avere_logo

The Series-D funding round was led by Western Digital Capital, the investment arm of Western Digital Corp., with participation from previous investors Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital.

The funding will be used to accelerate sales, marketing and continued development of the company’s hybrid cloud storage solutions.

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2014-07-22T13:18:43-06:00