Thursday, September 17, 2009

Avere arouses interest, although details are a secret

Three data storage start-ups buck trend, grab $28 million in venture capital; Oracle, Sun launch high-end OLTP server
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Spotlight Story
Avere arouses interest, although details are a secret

One of the coolest company's on the planet is coming out of stealth mode this week. Avere Systems, who is making a product that I can't talk about yet (something about cutting off my pinkie finger if I did), is announcing both the launch of their company and the receipt of $15 million in funding from two of the top venture capital companies: Menlo Ventures and Norwest Venture Partners. Read full story

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