Velostrata Announces Enhanced Cloud Migration Platform Featuring Support For Azure And $17.5M In Series B Funding

Velostrata recently announced the release of Velostrata 2.0, a cloud migration platform that simplifies, streamlines and automates the process of moving workloads from on-premise environments to public clouds. Velostrata boasts the capability to swiftly migrate applications to clouds by way of an architecture that decouples compute from storage. The platform’s decoupling of compute from storage allows customers to migrate an application to a public cloud within minutes while its underlying data is subsequently streamed to the cloud. In the event the application requires specific data immediately, it can fetch the requisite data from the on-premise environment and iteratively reduce latency related to data retrieval via a cloud cache that stores frequently retrieved data objects. Because Velostrata does not transfer the entirety of an application’s data to the public cloud, it takes advantage of the computing power of the public cloud in conjunction with advanced data streaming and caching functionality to stream relevant datasets to the cloud. Velostratra’s smart migration software delivers automated migration of storage environments without changes to source files, thereby enhancing workload mobility and empowering businesses to leverage the public cloud for dev/test use cases in addition to business continuity.

Velostrata 2.0 features support for Microsoft Azure in addition to Amazon Web Services. Moreover, Velostrata announced the finalization of $17.5M in Series B funding led by Intel Capital, a strategic investor. Existing investors Norwest Venture Partners and 83 North also participated in the round. Velostrata’s expertise in data streaming and caching positions it to deliver a disruptive solution to the problem of cloud migration that taps into the preference of many customers to adopt a hybrid cloud strategy whereby data resides on-premise, but the computational heavy lifting is performed in the cloud. With an extra $17.5M in funding, the company stands poised to ride the wave of skyrocketing cloud adoption by delivering a hybrid cloud solution for cloud migration, the promise of which is augmented by its partnership with Intel, its new strategic investor and the leader of its Series B round of funding.