What is Velostrata?
Velostrata specializes in cloud migration and workload mobility, providing enterprises with the ability to move applications to the cloud in minutes while maintaining performance and data integrity. By decoupling compute from storage, the company enables organizations to leverage the agility of public cloud environments without the traditional complexities of re-platforming or refactoring. This unique value proposition positions Velostrata as an essential partner for large-scale digital transformation initiatives, effectively bridging the gap between legacy on-premises infrastructure and modern cloud architectures.
How much funding has Velostrata raised?
Velostrata has raised a total of $31.5M across 2 funding rounds:
Series A
$14M
Series B
$17.5M
Series A (2015): $14M with participation from 83north and Norwest Venture Partners
Series B (2016): $17.5M led by Intel Capital, 83 North, and Norwest Venture Partners
Key Investors in Velostrata
83North
A global venture capital firm managing over $2.2 billion, focusing on supporting innovative entrepreneurs to build category-leading companies across various sectors.
Norwest Venture Partners
A global, multi-stage venture capital and growth equity investment firm with a long history of backing transformative technology companies since 1961.
Intel Capital
The strategic investment division of Intel, focusing on high-growth startups in artificial intelligence, cloud computing, and next-generation datacenter technologies.
What's next for Velostrata?
With this latest round of financing, Velostrata is well-positioned to accelerate its go-to-market strategy and deepen its integration capabilities across major cloud service providers. The focus will likely shift toward scaling operations to meet the increasing demand for hybrid cloud solutions, while simultaneously enhancing its core platform to support more complex, mission-critical enterprise workloads. As the market for cloud migration matures, Velostrata's ability to maintain its technological edge will be paramount in securing long-term dominance in the enterprise software landscape.
See full Velostrata company page
