What is Velocity?
Velocity, based in Tel Aviv, Israel, is a technology firm that has developed automatic synchronization solutions designed to enhance and accelerate product delivery for developers. The company's technology aims to streamline complex development workflows, enabling faster time-to-market for software products.
How much funding has Velocity raised?
Velocity has raised a total of $17M across 1 funding round:
Series A
$17M
Series A (2021): $17M with participation from Abhinav Asthana, Elik Eizenberg, Ben Bernstein, Greycroft Partners, Nadir Izrael, Dan Fougere, Insight Partners, Prashanth Chandrasekar, Danny Grander, Hetz Ventures, and Yevgeny Dibrov
Key Investors in Velocity
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets, leveraging an extensive network to help entrepreneurs build successful businesses.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. Their platform supports portfolio companies in scaling and achieving operational excellence.
Hetz Ventures
Hetz Ventures is an early-stage venture capital firm focused on investing in seed and pre-seed startups in Israel, particularly in sectors such as dev tools, DevOps, AI, open source, cybersecurity, and fintech.
What's next for Velocity?
The recent major strategic investment positions Velocity for accelerated growth and further development of its synchronization technology. This capital infusion is likely to fuel expansion into new markets, enhance product capabilities, and strengthen its competitive edge in the developer tools sector. The company's focus on streamlining product delivery suggests a trajectory towards becoming a key enabler for software development teams seeking efficiency and speed.
See full Velocity company page
