Velocity
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 3.5m | 3.5m |
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Seed | ||
* | N/A | - | |
$17.0m | Series A | ||
Total Funding | AUD34.0m |
Related Content
Recent News about Velocity
EditVelocity.tech is a cutting-edge startup focused on revolutionizing the software development process, particularly for developers working with Kubernetes environments. The company offers a unique Integrated Development Environment (IDE) plugin that significantly streamlines the development and debugging of microservices. By syncing new code to a Kubernetes cluster, building necessary artifacts, and deploying the updated microservice, Velocity shortens the feedback loop, allowing developers to see the impact of their changes almost instantly.
The primary clients of Velocity are software developers and development teams who work with complex Kubernetes environments. These clients range from small startups to large enterprises that require efficient and rapid development cycles. Velocity operates in the DevOps (Development and Operations) market, which focuses on tools and practices that automate and integrate the processes between software development and IT teams.
Velocity's business model is likely subscription-based, offering various tiers of service depending on the size and needs of the client. This model ensures a steady stream of recurring revenue. The company makes money by charging clients for access to its advanced development tools, which enhance productivity and reduce the time spent on debugging and deploying code.
In summary, Velocity.tech provides an innovative solution for developers working with Kubernetes, enabling faster development cycles and more efficient debugging processes. By addressing the pain points of long Continuous Integration (CI) processes and complex configurations, Velocity helps its clients accelerate their software development timelines.
Keywords: Kubernetes, microservices, IDE plugin, software development, debugging, DevOps, CI processes, development tools, productivity, subscription model.