Tech Company Financing Transactions

VeloCloud Networks Funding Round

March Capital Partners, New Enterprise Associates and Venrock participated in a $27 million Series C funding round for VeloCloud Networks. The round was recorded on 1/14/2016.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

March Capital Partners (Lead Investor) (Sumant Mandal)

New Enterprise Associates (Kittu Kolluri)

Venrock (Douglas Dooley)

Proceeds Purpose
The funding will be used to expand business operations as the company accelerates new product development and customer rollouts, and ramps up sales and marketing in expanded theaters to meet growing global demand.

Company Information

Company Status
Private & Independent
Mailing Address
3401 Hillview Ave.
Palo Alto, CA 94304
Email Address
VeloCloud believes in the power of Cloud based Networking. We are working to transform the entire equation of connectivity. By making the internet work harder. By applying Cloud-based approaches to processes that haven't changed in decades. By upending the economics of traditional WAN.
VeloCloud Networks LinkedIn Company Profile
Social Media
VeloCloud Networks Company Twitter Account
Company News
VeloCloud Networks News
VeloCloud Networks on Facebook
VeloCloud Networks on YouTube

Management Team

Email & Social
Chief Executive Officer
Sanjay Uppal
  Sanjay Uppal LinkedIn Profile  Sanjay Uppal Twitter Account  Sanjay Uppal News  Sanjay Uppal on Facebook
VP - Bus. Development
Ron Longo
  Ron Longo LinkedIn Profile  Ron Longo Twitter Account  Ron Longo News  Ron Longo on Facebook
VP - Engineering
Ajit Mayya
  Ajit Mayya LinkedIn Profile  Ajit Mayya Twitter Account  Ajit Mayya News  Ajit Mayya on Facebook
VP - Finance
Mark Thorpe
  Mark Thorpe LinkedIn Profile  Mark Thorpe Twitter Account  Mark Thorpe News  Mark Thorpe on Facebook
VP - Marketing
Michael Wood
  Michael Wood LinkedIn Profile  Michael Wood Twitter Account  Michael Wood News  Michael Wood on Facebook
VP - Product Management
Steve Woo
  Steve Woo LinkedIn Profile  Steve Woo Twitter Account  Steve Woo News  Steve Woo on Facebook



Browse more venture capital transactions:

Prev: 1/14/2016: INTURN venture capital transaction
Next: 1/14/2016: Taulia venture capital transaction


Share this article


Where The Data Comes From

We report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary