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Sunday, September 27, 2015

San Jose's Velostrata Raises $14M

Velostrata is a tech company that enables network admins to easily move virtual machines on their network into the cloud. Their software runs on top of VMware, and makes moving servers into the cloud as easy as right-clicking.

The San Jose company--which is headquartered at 2880 Zanker Road--has operated in stealth mode for over a year and is just now announcing a $14 million funding round. This goes to show that San Jose has tech startups as well, not just established companies.

Velostrata has a total of 25 employees, with plans to grow to 40 within a year. They also have an office in Tel Aviv.

Source: VentureBeat


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