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CloudVelox

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Offers automated cloud migration and disaster recovery software for deploying multi-tier apps and services to the cloud

Santa Clara, United StatesFounded 2010Other B2B Software
Valuation $50–100M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About CloudVelox

Founded in 2010 by brothers Rajeev and Raman Chawla, CloudVelox established itself as a key player in the hybrid cloud automation and orchestration software market. Based in Santa Clara, California, the company focused on simplifying the complex process of moving and protecting application workloads between private data centers and public clouds. The executive team, led by CEO Rajeev Chawla, possessed deep experience in system software and networking, which was instrumental in developing the company's core technology.

CloudVelox's flagship product was the One Hybrid Cloud™ software platform. This platform was engineered to automate cloud migration and disaster recovery, addressing significant barriers to enterprise cloud adoption. A core feature was its patented Application Blueprint technology, which automated the discovery and mapping of an application's compute, storage, and networking characteristics from a source environment to a destination cloud or data center. This allowed businesses to move multi-tier applications without needing to re-engineer them. The platform initially supported migration to public clouds and later expanded its capabilities to include data center-to-data center, intra-data center, and cloud-to-data center migrations, effectively creating a boundary-less pool of resources for IT administrators.

The business model centered on providing this software to enterprises looking to implement hybrid cloud strategies. Clients used the platform for use cases like cloud migration and 'Pilot Light' disaster recovery, where the public cloud serves as a secondary data center that can be quickly activated when needed. By automating workload portability, CloudVelox enabled businesses to optimize for cost, performance, and security across different environments. The company successfully raised $33 million over three funding rounds, with investors including Mayfield, Pelion Venture Partners, Third Point Ventures, and Cisco Investments. This financial backing fueled product development and market expansion. The company's growth and technological capabilities culminated in its acquisition by VMware in February 2018. The CloudVelox technology and team were integrated into the VMware HCX platform, enhancing its capabilities for multi-cloud portability and workload migration.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2010
Headquarters
Santa Clara, United States
Employees
2
Open positions
None listed
Dealroom signal
57.8/100
Industry
Enterprise Software
Sector
Other B2B Software, Recovery, Back Office, App, Automated Process, Migration, Automated Technology
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2018 $0 — VMware —
SERIES C✓Equity / VC Feb 2015 $15M $60M Third Point Ventures · Mayfield · Pelion Venture Partners —
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Growth signals

CloudVelox website traffic

Latest recorded traffic for CloudVelox is 0 monthly website visits. CloudVelox's team grew 100% over the past year.

Latest monthly visits0 1-year team growth+100%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Mayfield
  • Third Point Ventures
  • Pelion Venture Partners

Other known investors2 additional known investors

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Santa Clara HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CloudVelox on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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