VeloCloud Captures $21M For WAN Services

Los Altos-based VeloCloud Networks, a provider of virtual wide area network (WAN) services, said today that it has raised $21M in a funding round. The funding was led by New Enterprise Associates, Venrock, and incubator The Fabric. VeloCloud is led by Sanjay Uppal. The company said it is offering up a way to deliver virtualized services from the cloud to branch offices and mobile users. More information »