Search company, investor...
Velocity Technology Solutions company logo

Velocity Technology Solutions

velocitycloud.com

Founded Year

2003

Stage

Acquired | Acquired

Total Raised

$60M

About Velocity Technology Solutions

Velocity Technology Solutions hosts ERP software and related applications for companies within its virtual private cloud environment, lowering operational costs, increasing service levels and improving software performance while reducing burdens on IT staff and enabling deployment flexibility.On January 6, 2021, Velocity Technology Solutions was acquired by NaviSite. The terms of the transaction were not disclosed.

Headquarters Location

1901 Roxborough Road 10th floor

Charlotte, North Carolina, 28211,

United States

888-430-9252

Missing: Velocity Technology Solutions's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Velocity Technology Solutions's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Velocity Technology Solutions Patents

Velocity Technology Solutions has filed 1 patent.

The 3 most popular patent topics include:

  • Cloud computing
  • Enterprise application integration
  • Cloud infrastructure
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/9/2017

11/17/2020

Information technology management, Enterprise application integration, Production and manufacturing, Data management, Performers of early music

Grant

Application Date

3/9/2017

Grant Date

11/17/2020

Title

Related Topics

Information technology management, Enterprise application integration, Production and manufacturing, Data management, Performers of early music

Status

Grant

Latest Velocity Technology Solutions News

Velocity Technology Solutions, a Navisite Company, Attains Recertifications for SAP Solutions

Mar 24, 2021

Velocity Technology Solutions, a Navisite Company, Attains Recertifications for SAP Solutions Mar 24, 2021 Navisite announced that Velocity Technology Solutions, a Navisite company, has been recertified as an SAP-certified service provider of managed services across four areas, continuing to strengthen its capabilities and portfolio of manage services for SAP solutions. The four areas include: SAP HANA operations, SAP S/4HANA solutions operations, SAP Business Suite solutions operations and hosting operations. Acquired by Navisite in January, Velocity Technology Solutions attained these recertifications based on the strength and depth of their functional and technical capabilities. In order to recertify, a company must complete a rigorous audit every two years to demonstrate the effectiveness of its operations and support services for SAP solutions. “This strong track record of SAP certifications highlights our ongoing commitment and strength to provide managed services for SAP solutions and software,” said Jim Ball, vice president of global alliances at Navisite. “By offering services for a broad range of SAP solutions, and with an outstanding team of business and technical experts, we’re uniquely positioned to help customers realize the full value of their SAP investments, reduce costs and transform their businesses across any cloud, including AWS, Google Cloud and Microsoft Azure.”  Velocity Technology Solutions provides managed cloud services to accelerate digital transformation for businesses using SAP solutions worldwide. Dickinson + Associates, a Navisite company and consulting firm for SAP technology, is an SAP gold partner. Navisite brings the highest levels of business experience, expertise and knowledge of SAP systems to help customers improve business performance to become intelligent enterprises. For more information about this news, visit www.navisite.com .

Velocity Technology Solutions Frequently Asked Questions (FAQ)

  • When was Velocity Technology Solutions founded?

    Velocity Technology Solutions was founded in 2003.

  • Where is Velocity Technology Solutions's headquarters?

    Velocity Technology Solutions's headquarters is located at 1901 Roxborough Road, Charlotte.

  • What is Velocity Technology Solutions's latest funding round?

    Velocity Technology Solutions's latest funding round is Acquired.

  • How much did Velocity Technology Solutions raise?

    Velocity Technology Solutions raised a total of $60M.

  • Who are the investors of Velocity Technology Solutions?

    Investors of Velocity Technology Solutions include NaviSite, Southcoast Health System, Silver Lake, Northleaf Capital Partners, Partners Group and 7 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.