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Western Digital-backed Avere scores $20m for hybrid cloud storage

July 11, 2014 /

Rather than using solely SATA or flash in its storage solutions Avere threads multiple technologies together in one box, using a software-defined approach for storage tiering. That way, the company claims, the storage solution is always optimised for the right workload and corresponding data volumes and velocities.The funding round, led by Western Digital with participation from Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital, will help fuel the company’s ambitions in the cloud space according to it is president and CEO Ron Bianchini.