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Avere Systems
Founded
2008
Status
Acquired by Microsoft
Leadership
Ronald Bianchini, Jr. - President & CEO
LSVP Investment
2012
Stage Invested
Series C
Lightspeed Team
Christopher Schaepe - Partner
Guru Chahal - Partner

Avere Systems brings to the market NAS Optimization solutions designed specifically to scale performance and capacity separately and take advantage of new Flash-based storage media using real-time tiering. Avere’s products allow organizations to achieve unlimited application performance scaling, free applications from the confines of the data center by eliminating latency and cut storage costs by more than half.

The company was founded in 2008 by a team of seasoned storage visionaries and experts to develop solutions that allow enterprises to scale storage network performance independently of capacity – driving up performance, scalability and agility – while driving down cost.

Company was acquired by Microsoft in 2018.

Avere Systems
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Faction Ventures, L.L.C. ("Faction") and Lightspeed Management Company, L.L.C. ("LSVP") are separate businesses that operate independently of each other. Faction advises its own fund(s) and does not advise any LSVP clients, and LSVP does not advise Faction or any of its clients. LSVP and Faction are parties to an agreement pursuant to which LSVP holds certain interests in Faction and the fund(s) Faction manages.

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