What is Velostrata?
Velostrata is a technology company operating in the enterprise software space, focusing on solutions that enhance operational efficiency and cloud infrastructure management. While the provided description mentions luxury resorts and celebrity-like celebrations, this appears to be extraneous data. The company's core business, as indicated by its funding rounds and investors, likely revolves around advanced technology solutions, potentially in areas such as cloud migration, data management, or virtualization, given the involvement of investors like Intel Capital.
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 Norwest Venture Partners and 83north
Series B (2016): $17.5M led by Intel Capital, Norwest Venture Partners, and 83 North
Key Investors in Velostrata
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute. They are known for curating business development introductions for their portfolio companies.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm founded in 1961, headquartered in Palo Alto, California, with offices in India and Israel.
83 North
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies, with a diverse portfolio and a focus on fostering growth.
What's next for Velostrata?
With substantial backing from prominent investors, Velostrata is poised for accelerated growth and innovation. The recent strategic investment suggests a focus on scaling operations, expanding market reach, and potentially developing new product features. The company's ability to attract significant capital from established venture firms indicates strong investor confidence in its technology and business model, positioning it for a significant impact in its target market.
See full Velostrata company page
