Investors Back Avere with Additional $20 Million

Series C funding round led by Lightspeed Venture Partners, brings total financing to $52 millionPITTSBURGH – JULY 10, 2012 – Avere Systems today announced that it has received an additional $20 million in funding bringing the total amount invested in the company to $52 million.  The Series C funding round was led by Lightspeed Venture Partners and also includes previous investors Menlo Ventures, Norwest Venture Partners and Tenaya Capital.The funding will be used to advance the market penetration of the company's FXT Series Edge filers, which are an integral building block for an Edge-Core architecture for NAS tha

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