Thursday, August 27, 2015

Velostrata Finds $14M For Hybrid Cloud

San Jose-based Velostrata, a developer of hybrid cloud migration and storage software, said yesterday that it has raised $14M in a Series A funding. The funding came from Norwest Venture Partners and Greylock IL Partners. Velostrata was co-founded by Issy Ben-Shaul (CEO) and Ady Degany (Chief Product Officer); Ben-Shaul as CTO and Co-founder of Actona and also co-founded Wanova, and Degany was most recently at StorSimple. More information »