Velostrata Garners $14,000,000 Series A Round

  • Feed Type
  • Date
    8/26/2015
  • Company Name
    Velostrata
  • Mailing Address
    2880 Zanker Road San Jose, CA 95134 USA
  • Company Description
    Velostrata’s unique technology decouples compute from storage – providing the first real-time hybrid cloud solution that streams production workloads to and from the cloud in minutes, leaves the storage on-premises, and optimizes performance end-to-end.
  • Website
    http://www.velostrata.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company plans to use the funding to further develop the product roadmap and build out its sales, marketing and support teams in North America and Europe.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    83North

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