Tech Company Financing Transactions
Velostrata Funding Round
Velostrata secured a $14 million Series A funding round on 8/26/2015. Backers included 83North and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
8/26/2015
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
83North (Lead Investor) (Yoram Snir)
Norwest Venture Partners (Lead Investor) (Dror Nahumi)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
20 N. San Mateo Drive 4
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Issy Ben-Shaul
Chief Financial Officer
Keren Cohen
Chief Technical Officer
Leonid Vasetsky
VP - Engineering
Yaniv Ben-ari
VP - Marketing
Steve Fulton
VP - Product Management
Ady Degany
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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