Velocity is an IT services firm that provides cloud-based migration, disaster recovery and application management solutions for businesses. Read more

171 Followers on Owler
171 Followers on Owler
171 Followers on Owler
171 Followers on Owler

Velocity is an IT services firm that provides cloud-based migration, disaster recovery and application management solutions for businesses. Read more

Steve Kloeblen's photo - CEO of Velocity

CEO

Steve Kloeblen

CEO Approval Rating

82/100

Founded:

2003

Status:

TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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Trianz is the biggest rival of Velocity. Trianz was founded in 2001, and its headquarters is in Santa Clara, California. Trianz operates in the Cloud Computing industry. Trianz has 750 more employees than Velocity.

Veritis has been one of Velocity's top competitors. Veritis is a Private company that was founded in Irving, Texas in 2004. Veritis is in the IT Services industry. Veritis has 590 fewer employees vs. Velocity.

Synoptek is Velocity's #3 rival. Synoptek was founded in 1984 in Irvine, California. Synoptek is in the Cybersecurity field. Synoptek generates $56M more revenue than Velocity.

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Growth Score - 1/1

Is 750 a good estimate for Velocity's Employee count?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Dec 2017

Source »
undisclosed
-
IXTEND, Inc.

Jun 2013

Source »
undisclosed
-

These are all the companies that Velocity has acquired. Velocity has acquired 2 companies and its latest acquisition was in Dec 2017.

Velocity Funding History

$31.5M$31.7M$31.7M

Since Velocity was founded in 2003, it has participated in 3 rounds of funding. In total Velocity has raised $31.7M. Velocity's last funding round was on Mar 2015 for a total of $75.0K

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Mar 2015
$75K
-
Equity
Dec 2014
$159.8K
-
Equity
Feb 2010
$31.5M
-

Since Velocity was founded in 2003, it has participated in 3 rounds of funding. In total Velocity has raised $31.7M. Velocity's last funding round was on Mar 2015 for a total of $75.0K

Investments

No recent investments found related to Velocity

These are all the companies that Velocity has invested in. Velocity has invested 2 companies and its latest investment was in Dec 2017.

Velocity News

April 9, 2020Benzinga

Velocity Technology Solutions Announces Leadership Transition

CHARLOTTE, N.C., April 09, 2020 (GLOBE NEWSWIRE) -- Velocity Technology Solutions, a global leader in... See more »
February 14, 2020MarketScreener

Velocity Technology Solutions Launches New Site Featuring Breadth of Services for JD Edwards Customers

(marketscreener.com) CHARLOTTE, N.C., Feb. 14, 2020 -- Velocity Technology Solutions, a global provid... See more »
February 6, 2020Martech Series

Velocity Technology Solutions To Showcase Oracle Application and Cloud Expertise at Oracle OpenWorld Europe

Velocity Technology Solutions, a global leader in enterprise cloud application management services, w... See more »
November 21, 2019Benzinga

Velocity to Showcase Proven Roadmaps for Public Cloud Migration and Application Modernization at AWS re:Invent 2019

CHARLOTTE, N.C., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., a global leade... See more »
November 19, 2019Benzinga

Velocity's Expertise Managing SAP Workloads & Cloud Migrations to be on Display at UKISUG Connect

CHARLOTTE, N.C., Nov. 19, 2019 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., a global leade... See more »
November 11, 2019MarketScreener

Velocity Customers Reed Smith, LLP and Southcoast Health Recognized as PeopleSoft Innovators

(marketscreener.com) CHARLOTTE, N.C., Nov. 11, 2019 (GLOBE NEWSWIRE) -- Global law firm Reed Smith, L... See more »
October 28, 2019MarketScreener

Velocity Partners With OneStream Software to Provide Implementation & Support Expertise for Customers Around the Globe

(marketscreener.com) CHARLOTTE, N.C., Oct. 28, 2019 (GLOBE NEWSWIRE) -- Velocity Technology Solutions... See more »

Velocity Press Releases

October 24, 2018GlobeNewswire

Velocity Technology Solutions Implements JD Edwards on Oracle Cloud Infrastructure for TruGreen

CHARLOTTE, N.C., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., the global lea... See more »
June 12, 2018GlobeNewswire

Velocity Technology Listed in Independent Analyst Report for Next Generation SAP Service Providers

CHARLOTTE, N.C., June 12, 2018 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., the global lea... See more »
May 25, 2018StreetInsider

Velocity Manages Record-Breaking Bookings and Customer Growth with Cloud Migration Factory

Velocity Manages Record-Breaking Bookings and Customer Growth with Cloud Migration Factory... See more »
April 19, 2018GlobeNewswire

Velocity Achieves Amazon Web Services Oracle Competency Status

CHARLOTTE, N.C., April 19, 2018 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., the global le... See more »
November 9, 2017PRcom

The Brooklyn Hospital Center Selects Velocity's Hybrid Cloud Infrastructure

Velocity Technology Solutions Inc., a global leader in enterprise cloud managed services, announced t... See more »
October 26, 2017GlobeNewswire

The Brooklyn Hospital Center Selects Velocity's Hybrid Cloud Infrastructure

CHARLOTTE, N.C., Oct. 26, 2017 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., a global leade... See more »
August 10, 2017PRcom

Velocity Expands Cloud Portfolio in Japan via Strategic Alliance with Mitsui Knowledge Industry Co. Ltd.

Velocity Technology Solutions Inc. (Velocity), a global leader in enterprise cloud application servic... See more »

Velocity Videos

May 30, 2017Velocity Technology Solutions Youtube Channel

"Velocity's Glenn Sawyer on SAP-VCAMP" on YOUTUBE

May 26, 2017Velocity Technology Solutions Youtube Channel

"F228_VTS_Keith_Why Velocity_FinalCut_2017-05-12" on YOUTUBE

May 26, 2017Velocity Technology Solutions Youtube Channel

"F228_VTS_Mixed_WhyVelocity_FinalCut_2017-05-12" on YOUTUBE

May 26, 2017Velocity Technology Solutions Youtube Channel

"F228_VTS_Sal_SoftwareDefined_FinalCut_2017-05-12" on YOUTUBE

May 26, 2017Velocity Technology Solutions Youtube Channel

"F228_VTS_Paul_M&A-Divestiture_FinalCut_2017-05-12" on YOUTUBE

May 26, 2017Velocity Technology Solutions Youtube Channel

"Executive Videos" on YOUTUBE

Social Media

Headquarters

1901 Roxborough Road

Charlotte, North Carolina28211

704-357-7705

Driving Directions »

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Summary

ABOUT

Overview

Velocity is an IT services firm that provides cloud-based migration, disaster recovery and application management solutions for businesses. Velocity was founded in 2003. Velocity's headquarters is located in Charlotte, North Carolina, USA 28211. It ha...

CEO

Velocity's CEO, Steve Kloeblen, currently has an approval rating of 82%. Velocity's primary competitors are Trianz, Veritis & Synoptek.

Website

velocitycloud.com

Frequently Asked Questions about Velocity

  1. When was Velocity founded?

    Velocity was founded in 2003
  2. Who is Velocity's CEO?

    Velocity's CEO is Steve Kloeblen
  3. How much revenue does Velocity generate?

    Velocity generates $50M in revenue
  4. How much funding does Velocity have?

    Velocity has historically raised $31.7M in funding
  1. Where is Velocity's headquarters?

    Velocity's headquarters is in Charlotte North Carolina, USA
  2. How many employees does Velocity have?

    Velocity has 750 employees
  3. What sector does Velocity operate in?

    Velocity is in Internet Software, Cloud Computing
  4. Who are Velocity's competitors?

    Velocity's top competitors are Trianz, Veritis, Synoptek