News

Deal Announcements

CloudVelocity Nets 2nd Venture Capital Round

Wednesday, July 17, 2013 5:33:00 AM PDT | VentureDeal

Santa Clara, California  --  IT company CloudVelocity has received $13 million in its Series B round of institutional venture capital investment.

CloudVelocity has developed technology that saves enterprises time when migrating existing applications from traditional data centers into public clouds.

Third Point led the round, which also included Mayfield Fund and Pelion Venture Partners.

The company said it would use the funding proceeds to accelerate its growth initiatives.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.