Wednesday, December 19, 2012

Cloud Velocitys turns public clouds into virtual data centers; Receives $5 million in funding

CloudVelocity announced that it has received $5 million in funding from the Mayfield fund. The funding is expected to further accelerate the use of public clouds and  hybrid cloud technology within  the enterprise market. According to   Rajeev Chawla, chief executive officer of CloudVelocity.“We are pleased to work with Mayfield Fund on this monumental effort to accelerate the adoption of public clouds. Our goal is to enable enterprises to operate hybrid clouds as seamless extensions of the data center. Cloud cloning, migration and failover are our first steps in that direction.” Also commenting  on the market impact of CloudVelocity's technology was Navin Chaddha, Mayfield Fund Managing Director. “We believe that CloudVelocity will have the same impact on public cloud adoption as VMware did on the adoption of server virtualization by making public clouds look like internal data centers.”

CloudVelocity has also announced the release of beta trial software of the Developer Edition of its cloud cloning software, The software is available for download at www.cloudvelocity.com. The  software allows those wishing to migrate their existing on-premise private clouds to Amazon We Services (AWS) EC2 cloud. CloudVelocity's Developer Edition lets developers clone multi-app tier clusters and services to the EC2 cloud and the company's Enterprise Edition lets users clone, migrate and failover multi-tier apps and services into Amazon's AWS EC2 cloud. 

The trial software is  based on the company's  patent-pending One Hybrid Cloud™ (OHC) platform which has been designed to allow a company to run its multi-tier applications without modification in the cloud as well to access services in the enterprises own data center. According to the company the CloudVelocity OHC platform delivers the promise of the hybrid cloud to enterprises. With the software, an enterprise can blueprint, clone and migrate applications between data centers and public clouds in an environment that allows full server, networking security and storage integration with AWS EC2 cloud. The company expects to announce a number of new cloud hybrid solutions for the other cloud services providers in 2013. 

Adopters of the new beta technology include Lealta Media. Commenting on the produce was Nitan Shingate, VP Engineering for Lealat Media. “The CloudVelocity Enterprise Edition software trial worked so well that we’ve chosen to use it ahead of schedule in our production environment for cloud failover. This will help ensure that our online business stays available within the AWS cloud, Because we cannot afford downtime,CloudVelocity has helped us to increase availability while also substantially reducing our expenses.”  


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