United States · Series E startup

Who invested in Avere Systems

5 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summaryUpdated 26 Oct 2026

$86Mraised across 5 rounds since 2009, from 5 sources

$15MSeries A$17MSeries B$20MSeries C$20MSeries D$14MSeries E
Latest round
Series E, $14MMar 2017
Biggest round
$20MSeries D · Jul 2014
Investors
7
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011201320152017
$15MSeries A$17MSeries B$20MSeries C$20MSeries D$14MSeries E
First round
Series A, $15M
Sept 2009
Biggest round
$20M
Series D · Jul 2014
Usual gap between rounds
2 years
the median of 4

The rounds

  1. Mar 2017
    Series E$14M1 new5 returning

    Reported by FinSMEsSEC filing: $14M sold, first sale Mar 2017

  2. Jul 2014
  3. Jul 2012
  4. Aug 2010
    Series B$17M1 new2 returning

    Reported by deals.venturebeat.comSEC filing: $17M sold, first sale Jul 2010

  5. Sept 2009
    Series A$15M2 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 1 on the team.

  • Ronald BianchiniExecutive Officer, Directori

On the board, as filediBill ChambersJohn DeanJohn W. JarveMatthew D. HowardPaul Brian

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

The exit

ExitBuyerPriceWhen
AcquiredMicrosoftundisclosedJan 2018

From historical deal records. Wrong? Tell us.

Everyone who backed them

Menlo VenturesVC firm5rounds
Tenaya CapitalVC firm4rounds
HGSTCorporate VC2rounds
GoogleAccelerator1round
Western Digital TechnologiesGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Avere Systems

Who invested in Avere Systems?

Avere Systems's investors include Menlo Ventures, Norwest Venture Partners, Tenaya Capital, Lightspeed Venture Partners and HGST, and 2 more on record.

How much has Avere Systems raised?

Avere Systems has raised $86M across 5 rounds since 2009.

When did Avere Systems last raise?

Avere Systems's most recent round was a Series E of $14M in Mar 2017.

What was Avere Systems's biggest round?

Avere Systems's largest round on record is $20M (Series D), in Jul 2014.

Who backed Avere Systems first?

Avere Systems's first round on record, in Sept 2009, was backed by Menlo Ventures and Norwest Venture Partners.

What stage is Avere Systems at?

Avere Systems's latest named round is a Series E, in Mar 2017.

Where is Avere Systems based?

Avere Systems is based in the United States.

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