CloudVelocity Raises $13 Million in Funding to Accelerate Enterprise Cloud Adoption

CloudVelocity Raises $13 Million in Funding to Accelerate Enterprise Cloud Adoption

SANTA CLARA, CA — (Marketwired) — 07/16/13 — CloudVelocity today announced that it has closed $13 million in Series B funding, bringing the total raised to $18 million. This oversubscribed round was led by Third Point Ventures. Pelion Venture Partners and previous investor Mayfield Fund also participated. CloudVelocity plans to use the funding to further accelerate its roadmap and growth.CloudVelocity was founded by a team of experts in distributed systems, storage, virtualization and networ