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VeloBit

Founded 2010 United States Lincoln, United States 11-50 employees Series A Consumer Electronics, Enterprise Software +1

General Information

Company Name VeloBit
Founded Year 2010
Location United States Lincoln, United States
Employees 11-50
Industries Consumer Electronics, Enterprise Software, Information Technology
Funding Stage Series A
Social

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About VeloBit

VeloBit is a software development company established in 2010 and is headquartered in Boxborough, MA, United States. The company specializes in improving storage price-performance, particularly with Solid State Disks (SSD). Their innovative approach enables industry-leading performance at a reduced cost, without requiring changes to existing applications or primary storage. This preserves customers' investments in data protection and storage management. The company was founded by a team of experienced storage industry experts and entrepreneurs, focusing on caching, data compression, and data tiering.

With a focus on Consumer Electronics, Enterprise Software, and Information Technology, VeloBit has received significant backing from Longworth Venture Partners and Fairhaven Capital. Their Series A investment was secured on 01 June 2011, demonstrating confidence in the company's potential to transform the storage industry.

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A Undisclosed 2
Fairhaven Capital, Longworth Venture Partners
01 Jun 2011

FAQ About VeloBit

VeloBit, Inc. develops software that delivers an order-of-magnitude improvement in storage price-performance. VeloBit is pioneering a new approach that can be used with any Solid State Disk (SSD) to deliver industry-leading performance at a lower cost. The solution allows customers to deploy SSD...
VeloBit was founded in 2010.
VeloBit is headquartered in Lincoln, United States.
VeloBit operates in Consumer Electronics, Enterprise Software and Information Technology.
VeloBit has approximately 11-50 employees.
VeloBit has completed 1 funding round. The latest funding stage is Series A.

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Source: BounceWatch company record for VeloBit, https://bouncewatch.com/company/velobit, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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