CloudVelocity Lands $5,000,000 Series A Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Mayfield Fund