Cloud startup CloudVelocity has raised $13 million to further its tools to provide seamless migration of enterprise applications between data centers and cloud platforms, and has released its One Hybrid Cloud software to move workloads to Amazon Web Services, the company said today.
CloudVelocity says its software will make it easier to seamlessly move complex cloud deployments between data centers and multiple public clouds. More importantly, the One Hybrid Cloud technology adds security features that may make cloud adoption more accessible for enterprise customers with stringent compliance and security requirements. It allows users to clone multi-tier app clusters and services, without modification, into the Amazon Web Services EC2 cloud, with migration and failover capabilities.
The Series B funding was led by Third Point Ventures, while Pelion Venture Partners and previous investor Mayfield Fund also participated. The $13 million round brings the total raised by CloudVelocity to $18 million. The Santa Clara, Calif. company plans to use the funding to further accelerate its roadmap and growth.
Automating Multiple Processes
"Today’s solutions for migrating existing apps into the cloud fall short for most enterprise apps," said Rajeev Chawla, chief executive officer of CloudVelocity. "We automate five sets of critical processes and extend authentication and other network services into the cloud, making the cloud a seamless extension of the data center. Our goal is to accelerate the migration of enterprise apps into the cloud and to drive higher levels of agility, protection and scale for apps trapped in the data center today."
The company's investors believe CloudVelocity can become a key enabler of enterprise cloud adoption.
"We believe that enterprises are highly motivated to leverage cloud economics and features but have been slowed by persistent obstacles," said Robert Schwartz, Managing Partner at Third Point Ventures and a member of CloudVelocity’s board. "We spoke with numerous CloudVelocity customers, target customers, partners and other industry participants as a part of our lengthy due diligence process. The comment we heard consistently was that CloudVelocity was introducing a much needed, massively disruptive yet simple to deploy solution that would accelerate enterprise cloud adoption. That is why we’re excited to partner with CloudVelocity.”
CloudVelocity says more than 100 enterprise trials have conducted trials since the company emerged from stealth in December 2012. Today it announced the general availability of One Hybrid Cloud for AWS. Other platforms will be added, but CloudVelocity led with AWS due to Amazon's leadership in the public cloud computing market.
Cloning Cloud Apps
One Hybrid Cloud can "clone" existing cloud applications, making it easier to replicate a deployment in a new cloud environment or create a failover solution that keeps an app online when your public cloud crashes. CloudVelocity detects an existing environment, discovering the constituent hosts and blueprinting system components and configuration. It can then provision cloud resources, replicating and synchronizing the entire app stack (including operating system, kernel, app software stack, and app data) in the cloud site. The company says this process differentiates its offering from image or template-based tools.
"Until today, cloud migration and cloud-enabled disaster recovery have not been viable for the vast majority of enterprise data center apps," said Chawla. "With today’s launch of One Hybrid Cloud, we are significantly reducing the amount of manual processes, risks and expenses otherwise required to deploy robust enterprise data center apps into the cloud."
CloudVelocity was founded by a team of experts in distributed systems, storage, virtualization and networking in 2010 and emerged out of stealth mode in December 2012.