Dive Brief:
-
Year-old startup Velostrata said it plans to offer hybrid cloud software that lets organizations offload local business data more securely to public cloud services.
-
Velostrata said its software can remove barriers to adopting Internet-based storage by “combining elements of lower-cost off-site cloud services with the control of keeping business data secured on local datacenters.”
- The startup was founded in Netanya, northern Israel in 2014 and is now based in San Jose, CA.
Dive Insight:
Velostrata’s approach lets technicians offload inactive data from local computers inside an organization for storage back-up and data archiving in the cloud. This also enables fast recovery from data disasters, which is a ”key limitation holding back adoption of cloud services by companies,” according to Velostrata.
In addition, the company said it had raised $14 million in early stage, Series A funding. Velostrata was founded by Israeli software entrepreneur Issy Ben-Shaul.