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High Velocity Hybrid Cloud: CloudVelocity Emerges from Stealth Mode

Announces closure of $5 Million “A” Round funding from Mayfield Fund

"Our goal is to enable enterprises to operate hybrid clouds as seamless extensions of the data center," said Rajeev Chawla, CEO of CloudVelocity, as the previously stealth-mode company Denali Systems emerged today as CloudVelocity, dedicated to the development of a hybrid cloud automation platform.

"Cloud cloning, migration and failover are our first steps in that direction,” Chawla said, adding:

“We are pleased to work with Mayfield Fund on this monumental effort to accelerate the adoption of public clouds.”

Led by a deeply experienced team of system software, virtualization, storage, security and networking executives, the patent-pending CloudVelocity platform - called the One Hybrid Cloud (OHC) platform - aims to allow data center teams to scale and secure their distributed multi-tier applications and services into and between clouds.

Success in doing that would remove many of the major barriers to the enterprise adoption of public clouds.

"The CloudVelocity Enterprise Edition software trial worked so well that we’ve chosen to use it ahead of schedule in our production environment for cloud failover. This will help ensure that our online business stays available within the AWS cloud," commented early beta-user Nitin Shingate, VP Engineering for Lealta Media.

“Because we cannot afford downtime, CloudVelocity has helped us to increase availability while also substantially reducing our expenses,” Shingate continued.

“Mayfield Fund has a 43- year history of successful incubations, where we partner with entrepreneurs at the idea stage and help create a company that tackles big problems and CloudVelocity is another example of this” said Navin Chaddha, Mayfield Fund Managing Director. “We believe that CloudVelocity will have the same impact on public cloud adoption as VMware did on the adoption of server virtualization by making public clouds look like internal data centers.”

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