Tech Company Financing Transactions

CloudVelox Funding Round

On 7/16/2013, CloudVelox received $13 million in Series B funding from Third Point, Mayfield Fund and Pelion Venture Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Third Point (Lead Investor) (Robert Schwartz)

Mayfield Fund (Navin Chaddha)

Pelion Venture Partners

Proceeds Purpose
CloudVelocity plans to use the funding to further accelerate its roadmap and growth.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
3945 Freedom Cir. 240
Santa Clara, CA 95054
Email Address
We have a hybrid cloud model that migrates existing applications into the public cloud with no application modification needed.
CloudVelox LinkedIn Company Profile
Social Media
CloudVelox Company Twitter Account
Company News
CloudVelox News
CloudVelox on Facebook
CloudVelox on YouTube

Management Team

Email & Social
Chief Executive Officer
Raj Dhingra
  Raj Dhingra LinkedIn Profile  Raj Dhingra Twitter Account  Raj Dhingra News  Raj Dhingra on Facebook
Panagiotis Tsirigotis
  Panagiotis Tsirigotis LinkedIn Profile  Panagiotis Tsirigotis Twitter Account  Panagiotis Tsirigotis News  Panagiotis Tsirigotis on Facebook
VP - Engineering
Raman Chawla
  Raman Chawla LinkedIn Profile  Raman Chawla Twitter Account  Raman Chawla News  Raman Chawla on Facebook
VP - Marketing
James Kessinger
  James Kessinger LinkedIn Profile  James Kessinger Twitter Account  James Kessinger News  James Kessinger on Facebook
VP - Product Management
Rajeev Chawla
  Rajeev Chawla LinkedIn Profile  Rajeev Chawla Twitter Account  Rajeev Chawla News  Rajeev Chawla on Facebook
VP - Sales
Giovanni Paliska
  Giovanni Paliska LinkedIn Profile  Giovanni Paliska Twitter Account  Giovanni Paliska News  Giovanni Paliska on Facebook



Browse more venture capital transactions:

Prev: 7/15/2013: MarkITx venture capital transaction
Next: 7/16/2013: Quarterly venture capital transaction


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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from, an affiliated venture.


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