Velostrata Closes Series B

What does Velostrata do?

Velostrata, is the leader in cloud workload mobility. The company is shattering barriers to hybrid cloud. It is offering a hybrid cloud solution which decouples storage from compute resources, leaving the storage in place on premises while running a cloud virtual machine. Unlike other hybrid cloud solutions and cloud migration, this company’s patent pending tech uniquely decouples compute from storage, enabling to move compute to the cloud fast, while automating and controlling where the storage is kept; in a public or a private cloud or a combo of both. With their agentless solution, there is no need for the workload image modification or managing lengthy replicas and complex cutover processes. Companies deploy Velostrata for automating, accelerating, irrespective of the image size or data virtual disks, with a simple consistency and cutover.

How much Velostrata was funded?

The company raised $17.5M in Series B on August 3, 2016 from 83North, Intel Capital, Norwest Venture Partners – NVP

Previous funding

Undisclosed amount in Series A on May 27, 2014 from 83North

$14M in Series A on January 26, 2015 from 83North and Norwest Venture Partners – NVP

Undisclosed amount in Series A on July 29, 2015 from 83North

What is next for Velostrata?

The company plans to use the latest funding raised for accelerating growth, especially within the mid to large enterprise market. The company has also announced the availability of Velostrata 2.0, which provides a non-disruptive and low risk approach for moving applications and their data for the cloud, both for short term use like for development and testing and for long term migration.

More about Velostrata

The company was founded in 2014 by Issy Ben-Shaul and Ady Degany. It has its headquarters in San Jose, California. With this software you can move productions applications to the public cloud simple, faster, with lost risk and in a cost effective way.