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Former Motorola Chairman and CEO Christopher Galvin Joins VelociData Board of Directors as Company Closes $10 Million Financing
Date:7/18/2013

St. Louis, MO (PRWEB) July 18, 2013

VelociData, Inc., provider of the world’s fastest engineered solutions for data transformation and data quality, today announced that former Motorola Chairman and CEO Christopher Galvin has joined its Board of Directors.

The company also announced that it has closed $10 million in financing. The new capital will be used to accelerate sales and marketing efforts, as well as the recruitment of key leadership required to support the company’s growth.

As data volume and diversity continue to grow—and businesses demand faster answers to increasingly complex questions—IT organizations chronically face problematic choices such as capital-intensive investments in additional infrastructure or the adoption of new technologies that require new skill-sets while only partially addressing speed- and scale-related challenges.

VelociData overcomes these technical and financial obstacles to Big Data performance by:

1)    Engineered solutions that often outperform conventional ETL solutions by 1000X
2)    Allowing customers to leverage the solutions on a subscription basis

VelociData solutions also snap into existing architecture—accelerating time-to-benefit, while avoiding the cost and risk associated with more disruptive approaches.

“Any C-level executive leading a global enterprise will tell you that, in today’s hyper-dynamic and hyper-competitive markets, success depends more and more on giving decision-makers fast access to information that is complete, accurate and timely,” said Galvin. “VelociData is delivering a breakthrough response to this global need.”

Galvin led VelociData’s latest financing round, with participation from founding investors Bush O’Donnell and

Source: PRWeb
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