Enterprise data storage, anti-malware technology provider, and Bangalore-based car rental service can now expand their business.


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Avere Systems, (Founded in 2008, an enterprise data storage startup based in Pittsburgh, PA), has raised a Series D round of $20 million led by Western Digital Capital with participation from previous investors Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. This startup has created a hybrid cloud data storage solution that allows enterprises to store files anywhere in the cloud without sacrificing data performance, availability, or security. Avere has raised $72 million to date and will use the latest funding to expand sales and marketing efforts.
Malwarebytes, (Founded in 2008 a San Jose-based anti-malware technology provider), has raised $30 million in a first round of funding entirely from Highland Capital Partners. Malwarebytes has developed a behavior-based detection engine for computer threats and currently protects the computers and mobile devices of over 200 million clients. Malwarebytes will use the new cash to sustain its rapid growth rate and begin to acquire smaller players in the security software space.

Olacabs, (Founded in 2011, an Bangalore-based car rental service), has raised $41.5 million in Series C funding led by Steadview Capital and Sequoia Capital with participation from existing investors Matrix Parters India and Tiger Global. Olacabs provides quick and efficient point-to-point transport with 11,000 cabs across 9 cities in India. Olacabs has raised over $65 million in funding to date and will use the latest
cash to expand into new cities and categories.

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