Velocity Technology Solutions

company

About

Velocity hosts ERP software and related applications for companies within its virtual private cloud environment.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$25M
Industries
Cloud Computing,Enterprise Software,IaaS,Private Cloud,Security,Software,Web Hosting
Founded date
Jan 31, 2003
Number Of Employee
501 - 1000
Operating Status
Active

Velocity Technology Solutions is a leader in enterprise and business application services, fully- managed and protected within a virtual private, public or hybrid cloud. It is dedicated to lowering operational costs, providing industry-leading service levels and improving software performance while reducing the burden on IT staff and enabling deployment flexibility. Velocity provides virtual cloud solutions for enterprise applications with high levels of performance. Expertise managing software 24/7, combined with proprietary technology that enhances availability, security, and control, make Velocity the trusted partner for rapidly and securely deploying application investments into a secure and resilient virtual cloud.

Velocity is headquartered in Charlotte with facilities in Minneapolis, Nashville, Denver, Tampa, India, Singapore, London (Canada), and Glasgow. Velocity is a portfolio company of Silver Lake Sumeru, a global leader in private equity investments in growth-oriented technology and technology-enabled companies.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$25M
Velocity Technology Solutions has raised a total of $25M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2015 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 2015 Series Unknown 1 Detail
Mar 10, 2010 Debt Financing $25M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Velocity Technology Solutions is funded by 2 investors. Keiretsu Forum and Hercules Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Keiretsu Forum Series Unknown
Hercules Capital Debt Financing