Deal Announcements

Vello Systems Garners $17 Million VC Financing

Tuesday, July 05, 2011 5:57:00 AM PDT | VentureDeal Staff

   Menlo Park, California  --  Infrastructure IT company Vello Systems has landed $17 million in venture capital investment, according to an SEC filing.

Vello sells multi-terabit cloud infrastructure systems to enterprises, government institutions and service providers.

The company is still seeking an additional $8 million in venture capital financing, according to the filing.

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