Paul Sawers / VentureBeat - 2 years ago
  • Microsoft has announced plans to acquire Avere Systems, a hybrid cloud data storage company based in Pittsburgh.
  • Founded in 2008, Avere Systems helps enterprises blend on-premises and public cloud data storage, while offering a mix of software and hardware-based services.
  • Notably, Avere Systems already counts both Amazon Web Services (AWS) and Google’s Cloud Platform as cloud partners, but not Microsoft.
  • Avere had raised around $86 million in equity funding since its inception, including a $14 million tranche less than a year ago that saw Google jump on board as a new investor.