Velostrata Gets $14M in Funding to Deliver Streaming Hybrid Cloud
Velostrata is beginning to make a name for itself in the hybrid cloud market. Velostrata has become one of the first vendors to provide on-demand hybrid cloud software. What exactly is the difference between on-demand hybrid cloud software and regular cloud software? With on-demand hybrid, organizations can switch from on-premises to the cloud, or vice versa with just the change of a selection inside the Velostrata hybrid cloud suite.
Velostrata has secured $14M in funding from Greylock and Norwest Venture Partners. This series A round of funding will allow Velostrata to expand its operations globally. Velostata will use the investment money to supplement its sales staff, which in turn will give Velostrata more brand awareness and more customer.
“The feedback we’ve received from enterprises in our early adopter program has been tremendous and further establishes that our approach to enabling on-demand hybrid cloud for production workloads is unique in the industry,” said Issy Ben-Shaul, the Chief Product Officer of Velostrata.
“We are excited to have such great investors in Norwest and Greylock that are committed to the long-term vision and growth of the company,” added Ben-Shaul.
Velostrata claims that it is the first of its kind to allow hybrid cloud streaming for production workloads. Velostrata has a patent pending concerning its product, and it works by decoupling compute from storage, while enabling the organizations the ability to stream data both to and from the cloud in minutes.
Velostrata says that no changes are made to the applications themselves in order for the streaming hybrid cloud to take place. Velostrata also says that there are no changes to the images or storage required. Velostrata makes it simple for organizations to switch workloads to and from the cloud as the process is described as simply “Clicking a button.”
