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Follow The Money: 10 Recent Tech VC Investments To Watch

By Chad Berndtson CRN
1:08 PM ET Wed. Jul. 18, 2012
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Avere

HQ: Pittsburgh
CEO: Ron Bianchini
New Funding: $20 million
Round: C
Backers: Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners, Tenaya Capital

Avere builds high-performance NAS filers that sit at the edge of customers' infrastructure and automatically tier customers' data, storing the most-accessed data on filers and less-active data on other NAS appliances. More than half of the company's sales go through the channel.

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