Google to Acquire Israeli Start-Up Velostrata in Enterprise Cloud Migration
Got $31.5 million in financial funding.
This is a Press Release edited by StorageNewsletter.com on May 14, 2018 at 2:23 pmGoogle LLC entered into an agreement to acquire Israel-based Velostrata, Inc. founded in 2014 and in enterprise cloud migration technology.
As more and more enterprises move to the cloud, many need a simple way to migrate from on-premises and adopt the cloud at their own pace. This helps them take advantage of what the cloud has to offer-speed, scalability, and access to technologies like advanced data analytics and machine learning.
With Velostrata, Google Cloud customers obtain two benefits: they’ll be able to adapt their workloads on-the-fly for cloud execution, and they can decouple their compute from storage without performance degradation.
This means they can easily and quickly migrate VM-based workloads like large databases, enterprise applications, DevOps, and large batch processing to and from the cloud. Customers can control and automate where their data lives at all times-either on-premises or in the cloud-in with a few clicks.
This acquisition, subject to closing conditions, will add to Google’s portfolio of migration tools to support enterprises in their journey to the cloud. That way, businesses can simplify their onboarding process to Google Cloud Platform, and migrate workloads to Google Compute Engine.
The Velostrata’s team that will be joining Google in in its Tel Aviv office, with its technical strength.
For more information, Velostrata’s blog post by co-founder and CEO Issy Ben-Shaul
Read also:
Velostrata in Partnership With Google Cloud
To accelerate enterprise cloud migration
2018.04.10 | Press Release
Velostrata Closes $17.5 Million Series B Funding
After $14 million in series A last year
2016.08.09 | Press Release
5/ $14 Million in Series A Funding for Velostrata …
Founded in 2014 with HQs in San Jose and R&D in Israel
2015.08.31 | Press Release