VelociData is a St. Louis–based provider of engineered solutions for data transformation and data quality that delivers what it calls the world's fastest data transformation solutions. Its purpose-built systems reportedly outperform conventional ETL solutions by up to 1000X and can be delivered on a subscription basis. The solutions snap into existing architectures to accelerate time-to-benefit while avoiding disruptive, capital-intensive changes. VelociData targets analytics and Big Data processing use cases by improving the performance and economics of ETL and related data processes. The company announced it closed $10 million in financing to accelerate sales and marketing and to recruit key leadership to support growth. Christopher Galvin joined the board as part of the financing and founding investors Bush O'Donnell and NewSpring Growth Capital participated.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2013