CloudVelocity Lands $5,000,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6794a45-8706-4742-b861-9f7a30b85d43&Preview=1 -
Date
12/13/2012 -
Company Name
CloudVelocity -
Mailing Address
4701 Patrick Henry Dr Bldg. 18 Santa Clara, CA 95054 -
Company Description
CloudVelocity automates the time-consuming and risk-laden critical processes required to deploy existing applications from traditional data centers into and between public clouds. -
Website
http://www.cloudvelocity.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The new funding will be used to continue developing the startup’s hybrid cloud automation software suite (including cloud cloning, migration and cloud failover solutions). -
M&A Terms
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Venture Investor
Mayfield Fund
