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TMCNet:  Avere Systems Selected as a 2014 Red Herring Top 100 North America Winner

[May 20, 2014]

Avere Systems Selected as a 2014 Red Herring Top 100 North America Winner

PITTSBURGH --(Business Wire)--

Avere Systems, a leading provider of enterprise storage for cloud enabled data centers, today announced that it has been selected as a Red Herring (News - Alert) Top 100 North America winner for 2014. The award recognizes the leading private companies from North America and celebrates their innovations and technologies across their respective industries.

"Avere is thrilled and honored to be recognized among some of the world's leading technology companies," said Ron Bianchini, CEO of Avere Systems. "Avere achieved record bookings in 2013, and this recognition validates our efforts to continuously develop solutions that help our customers improve the efficiency and performance of their storage infrastructure."

Winning selections for the 2014 edition of the Red Herring 100 North America award are based upo technological innovation, management strength, market size, investor record, customer acquisition and financial health. Previous winners include Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com (News - Alert), YouTube, Marin Software, Palo Alto Networks and eBay.


"In 2014, selecting the top 100 achievers was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe Avere Systems embodies the vision, drive and innovation that define a successful entrepreneurial venture. Avere Systems should be proud of its accomplishment, as the competition was very strong."

About Avere Systems

Avere is radically changing the economics of data storage. Avere's solutions give companies - for the first time - the ability to put an end to the rising cost and complexity of data storage by allowing customers the freedom to store files anywhere in the cloud or on premises without sacrificing the performance, availability or security of their data. Based in Pittsburgh, Avere is led by veterans and thought leaders in the data storage industry and is backed by investors Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. For more information, visit www.averesystems.com.


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