INSUBCONTINENT EXCLUSIVE:
Google announced today it was going to acquire Israeli cloud migration startup, Velostrata
The companies did not share the purchase price.Velostrata helps companies migrate from on-premises datacenters to the cloud, a common
requirement today as companies try to shift more workloads to the cloud
customers.As I wrote in 2014 about their debut, the startup figured out a way to decouple storage and compute and that had wide usage and
applications and data can live in the public cloud or on prem (or a combination), Velostrata gives them control to move and adapt the
VP of engineering at Google Cloud wrote in the blog post announcing the acquisition.This of course takes Velostrata from being a general
purpose cloud migration tool to one tuned specifically for Google Cloud in the future, but one that gives Google a valuable tool in its
battle to gain cloud marketshare.In the past, Google Cloud head Diane Greene has talked about the business opportunities they have seen in
This acquisition gives them a key service to help customers who want to do that with the Google Cloud.Velostrata was founded in 2014
It has raised over $31 million from investors including Intel Capital and Norwest Venture partners.
