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CloudVelocity Releases One Hybrid Cloud software; Raises $13 Million in Series B Funding

CloudVelocity Releases One Hybrid Cloud software; Raises $13 Million in Series B Funding

CloudVelocity today announced release of  its One Hybrid Cloud software  that enables enterprises to accelerate cloud adoption and  makes AWS a secure and seamless extension of enterprise data centers.

CloudVelocity has also  announced  that it has closed $13 million in Series B funding, bringing the total raised to $18 million, in a funding round  led by Third Point Ventures, along with the participation of Pelion Venture Partners and previous investor Mayfield Fund.

“We are excited to have Third Point Ventures and Pelion Venture Partners join Mayfield Fund as investors, as we work together to address the massive market opportunity in enterprise cloud computing,” said Rajeev Chawla, Chief Executive Officer, CloudVelocity.

With today’s launch of One Hybrid Cloud, we are significantly reducing the amount of manual processes, risks and expenses otherwise required to deploy robust enterprise data center apps into the cloud.
– Rajeev Chawla, CEO, CloudVelocity.Rajeev Chawla, CEO, Cloud Velocity

CloudVelocity plans to use the funding to further accelerate its roadmap and growth.

One Hybrid Cloud software

One Hybrid Cloud software lets enterprises  run their existing and new Linux and Windows multi-tier and multi-system apps without modification in the AWS cloud.

One Hybrid Cloud software automate dozens of complex manual cloud migration processes that are a substantial barrier to cloud adoption for several enterprise apps.

It automates the entire set of  processes required to establish a production-grade hybrid  cloud environment, including:

  • Discovery and dependency mapping of  application services.
  • Cloud provisioning and deployment.
  • Cloud-optimized synchronization and storage.
  • Extension of authentication and security services such as  LDAP and Active Directory from the data center into public cloud environments.
  • Single “pane of glass” control across sites and clouds.

One Hybrid Cloud software reduces cloud migration risks and expenses by more than 90% for multi-tier apps. Critical authentication and security-related services are also extended into the cloud from the data center.

Some of the benefits and use cases of OHC are:

Cloud Velocity - One Hybrid Cloud SoftwareCloud Velocity - One Hybrid Cloud Software

The cloud pre-production and production environments are virtually identical with One Hybrid Cloud software, thereby minimizing errors and reducing development cycles as software is updated and  pushed live. The cloud then becomes an ideal disaster recovery and DevTest option for enterprise apps, says the official press release.

This enable customers to leverage the cloud as needed, instead of having to build and support duplicate apps and infrastructure for the possibility of occasional use.

“Until today, cloud migration and cloud-enabled disaster recovery have not been viable for the vast majority of enterprise data center apps,” said Rajeev Chawla, Chief Executive Officer, CloudVelocity.

“With today’s launch of One Hybrid Cloud, we are significantly reducing the amount of manual processes, risks and expenses otherwise required to deploy robust enterprise data center apps into the cloud,” he added.

Here is more information on CloudVelocity’s One Hybrid Cloud Software.

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