Tech Company Financing Transactions

Velostrata Funding Round

Velostrata closed a $17.5 million Series B investment round on 8/4/2016. Investors included Intel Capital, 83North and Norwest Venture Partners.

Transaction Overview

Company Name
Announced On
8/4/2016
Transaction Type
Venture Equity
Amount
$17,500,000
Round
Series B
Investors

Intel Capital (Lead Investor)

83North (Yoram Snir)

Norwest Venture Partners (Dror Nahumi)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
20 N. San Mateo Drive 4
San Mateo, CA 94401
USA
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
Velostrata LinkedIn Company Profile
Social Media
Velostrata Company Twitter Account
Company News
Velostrata News
Facebook
Velostrata on Facebook
YouTube
Velostrata on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Issy Ben-Shaul
  Issy Ben-Shaul LinkedIn Profile  Issy Ben-Shaul Twitter Account  Issy Ben-Shaul News  Issy Ben-Shaul on Facebook
Chief Financial Officer
Keren Cohen
  Keren Cohen LinkedIn Profile  Keren Cohen Twitter Account  Keren Cohen News  Keren Cohen on Facebook
Chief Technical Officer
Leonid Vasetsky
  Leonid Vasetsky LinkedIn Profile  Leonid Vasetsky Twitter Account  Leonid Vasetsky News  Leonid Vasetsky on Facebook
VP - Engineering
Yaniv Ben-ari
  Yaniv Ben-ari LinkedIn Profile  Yaniv Ben-ari Twitter Account  Yaniv Ben-ari News  Yaniv Ben-ari on Facebook
VP - Marketing
Steve Fulton
  Steve Fulton LinkedIn Profile  Steve Fulton Twitter Account  Steve Fulton News  Steve Fulton on Facebook
VP - Product Management
Ady Degany
  Ady Degany LinkedIn Profile  Ady Degany Twitter Account  Ady Degany News  Ady Degany on Facebook


 

 

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Prev: 8/4/2016: Birchbox venture capital transaction
Next: 8/4/2016: Indigo Biosciences venture capital transaction

 

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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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