Avere Systems
Avere Systems provided NAS optimization software for enterprise file storage, accelerating performance on flash-based storage media for data-intensive workloads; the Pittsburgh-based company raised ~$86M before being acquired.
- Company typePrivate
- Founded2008
- HeadquartersPittsburgh, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Avere Systems does
Avere Systems was a Pittsburgh-based, venture-backed private company founded in 2008 that provided NAS (network-attached storage) optimization solutions designed to scale performance and exploit the economics of flash-based storage media. Its core product sat in the data path between compute clients and enterprise storage, accelerating I/O performance for data-intensive workloads such as HPC, rendering, life sciences, and financial analytics, where the company positioned itself to deliver flash-tier performance without requiring customers to migrate fully off legacy NAS infrastructure. The company operated with 51-100 employees and raised approximately $86M across five equity rounds between 2009 and 2017, drawing a syndicate that included Lightspeed Venture Partners, Menlo Ventures, Norwest, Tenaya Capital, Western Digital Capital, and later Google. Revenue model details, pricing structure, and customer segmentation specifics are not disclosed in the source material; however, the enterprise infrastructure positioning and hardware-vendor investor participation are consistent with a B2B software and appliance licensing motion selling to mid-market and large enterprise IT organizations.
Avere is no longer operating as an independent entity. The averesystems.com domain has been taken offline and now resolves to a Microsoft-hosted 404 page, indicating the company was acquired and absorbed into Microsoft. The exact date, consideration, and structure of the transaction are not disclosed in the available source data, and post-acquisition product continuity, team retention, and integration outcomes cannot be assessed from the supplied information.
Avere Systems firmographics
Firmographics- Name
- Avere Systems
- Website
- https://averesystems.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Avere Systems provided NAS optimization software for enterprise file storage, accelerating performance on flash-based storage media for data-intensive workloads; the Pittsburgh-based company raised ~$86M before being acquired.
- Ownership category
- akta.pro rank
Avere Systems industry classification
Industry- Product category
- Enterprise Storage Infrastructure
- NAICS
- Computer Storage Device Manufacturing (334112), Computer Systems Design Services (541512)
- SIC
- Computer Storage Devices (3572), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- NAS Storage Systems (HDABAEAB)
- akta.pro secondary industries
- Storage Virtualization & Software-Defined Storage (SDS) (HDABAEAF), Storage Media & Components (HDD/SSD/Flash, Controllers) (HDABAEAM)
Keywords
Where Avere Systems is headquartered
LocationHeadquarters
- HQ city
- Pittsburgh
- HQ country
- United States
- HQ region
- North America
Markets served
Avere Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations
Avere Systems product offering
Product offeringCore offering
Avere Systems offers NAS (Network Attached Storage) optimization solutions designed to scale storage performance and leverage new flash-based storage media. The company targets enterprise customers seeking to improve storage infrastructure efficiency and performance through software-based optimization technologies.
Differentiator
Problem solved
Functional benefit
Products and services
- NAS Optimization Solutions Software-based NAS optimization solutions that scale storage performance and enable enterprises to take advantage of new flash-based storage media. Designed for enterprise data centers with large-scale NAS deployments.
Companies that use Avere Systems
Customer profileIdeal customer profiles1 record
Avere Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Avere Systems partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights3 records
Avere Systems competitors and assessment
Company assessmentDirect peers
- Qumulo: Scale-out NAS vendor focused on hybrid cloud file storage for enterprise and high-performance workloads. Closely comparable in customer profile and architectural approach to Avere.
- Dell EMC Isilon (PowerScale): Enterprise scale-out NAS platform (now branded PowerScale) targeting large unstructured data and HPC workloads—the same customer profile Avere served with its flash-optimized NAS solution.
- NetApp: The leading independent scale-out NAS and hybrid cloud file storage vendor. NetApp's ONTAP and cloud-tiered offerings (e.g., Azure NetApp Files) directly overlap with Avere's NAS optimization and hybrid cloud positioning.
- Nasuni: Cloud-native NAS offering that combines on-prem caching with object storage in the cloud. A direct competitor to Avere in delivering file storage optimized for hybrid cloud economics.
- Panasas: High-performance scale-out NAS vendor for technical computing and enterprise workloads—an adjacent competitor in the performance-optimized file storage segment where Avere competed.
Broad incumbents
- HPE (Ceph/StoreOnce/Nimble): Major enterprise storage incumbent with file, block, and backup offerings that competed for the same IT budget line items Avere pursued with its NAS optimization solutions.
- Microsoft Azure Files / Azure NetApp Files: Cloud-native managed file services from the hyperscaler that most likely acquired Avere. Represents both the strategic exit and the longer-term structural threat that commoditizes on-prem NAS optimization.
- IBM Spectrum Storage: Broad enterprise storage portfolio including scale-out file and object storage that overlapped with Avere's NAS optimization and hybrid cloud file tiering capabilities.
- AWS FSx: Managed file service (FSx for NetApp ONTAP, FSx for Lustre, FSx for Windows) that increasingly obviates the need for on-prem NAS optimization appliances like Avere's.
Emerging players
- Pure Storage: Flash-first storage vendor whose all-flash arrays competed with the performance story Avere built around flash-optimized NAS, particularly in mixed primary/secondary storage environments.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Avere Systems social profiles
Digital presenceAvere Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avere Systems leadership team
Management profileNumber of profiles
Avere Systems funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avere Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avere Systems
What does Avere Systems do?
Avere Systems offers NAS (Network Attached Storage) optimization solutions designed to scale storage performance and leverage new flash-based storage media. The company targets enterprise customers seeking to improve storage infrastructure efficiency and performance through software-based optimization technologies.
When was Avere Systems founded?
Avere Systems was founded in 2008. It employs 51 to 100 people.
Where is Avere Systems based?
Avere Systems is headquartered in Pittsburgh, United States, in the North America region.
Who are Avere Systems's main competitors?
Direct peers on record are Qumulo, Dell EMC Isilon (PowerScale), NetApp, Nasuni and Panasas. Broad incumbents are HPE (Ceph/StoreOnce/Nimble), Microsoft Azure Files / Azure NetApp Files, IBM Spectrum Storage and AWS FSx. Pure Storage is listed as an emerging player.
Does Avere Systems have an API?
No public API is recorded for Avere Systems.
What industry is Avere Systems in?
Avere Systems's product category is Enterprise Storage Infrastructure. Its primary akta.pro industry code is HDABAEAB, NAS Storage Systems, with a secondary code of HDABAEAF, Storage Virtualization & Software-Defined Storage (SDS). Its NAICS code is 334112 and its SIC code is 3572.