Wednesday, August 3, 2016

Velostrata Finds $17.5M For Cloud Migration Tools

San Mateo-based Velostrata, which develops software to help mid to large sized enterprises move their workloads into the cloud, has raised $17.5M in a Series B funding. The funding was led by Intel Capital, and also included Norwest Venture Partners and 83 North. Issy Ben-Shaul is CEO and co-founder of Velostrata.