Velocity Technology Solutions

Velocity Technology Solutions

Velocity hosts ERP software and related applications for companies within its virtual private cloud environment. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$60—90m (Dealroom.co estimates Apr 2007.)
Charlotte North Carolina (HQ)
  • Edit
DateInvestorsAmountRound
-

N/A

-

$15.0m

Series A

$25.0m

Debt

N/A

-

N/A

Acquisition
Total Funding$15.0m

Recent News about Velocity Technology Solutions

Edit
More about Velocity Technology Solutionsinfo icon
Edit

Velocity Technology Solutions is a global leader in providing enterprise application solutions in the cloud. The company specializes in consulting and managed services, focusing on Oracle Cloud Infrastructure (OCI) and AWS platforms. Velocity serves a diverse range of clients, including large enterprises and mid-sized businesses, helping them migrate to and manage their cloud environments. The company operates in the cloud technology market, offering solutions that simplify IT administrative tasks, allowing clients to focus on strategic business operations. Velocity's business model revolves around providing subscription-based managed services and consulting fees, ensuring a steady revenue stream. The company also emphasizes community involvement through its Velocity Cares program, partnering with various organizations to support local communities.

Keywords: enterprise cloud solutions, Oracle Cloud Infrastructure, AWS platforms, managed services, consulting services, cloud migration, IT administration, subscription-based, community involvement, business operations.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Velocity Technology Solutions

Edit
TITAN GS
ACQUISITION by Velocity Technology Solutions Apr 2014
Mercury Technology
ACQUISITION by Velocity Technology Solutions Dec 2017
NetASPx
ACQUISITION by Velocity Technology Solutions Feb 2010