About Velocity Micro
Velocity Micro is a company based in Richmond (United States) founded in 1997 by Randy Copeland. Velocity Micro has raised $2.15 million across 4 funding rounds. The company has 1,942 employees as of December 31, 2019. Velocity Micro has completed 1 acquisition, including Overdrive Pc. Velocity Micro offers products and services including Gaming PCs, Professional Workstations, and Laptops. Velocity Micro operates in a competitive market with competitors including Hewlett Packard Enterprise, OVHcloud, Lenovo, Dell and Inspur, among others.
- Headquarter Richmond, United States
- Employees 1942 as on 31 Dec, 2019
- Founders Randy Copeland
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Velocity Holdings Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.15 M (USD)
in 4 rounds
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Latest Funding Round
$150 K (USD), Unspecified
Jun 01, 2007
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Investors
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Employee Count
1942
as on Dec 31, 2019
- Investments & Acquisitions
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Products & Services of Velocity Micro
Velocity Micro offers a comprehensive portfolio of products and services, including Gaming PCs, Professional Workstations, and Laptops.
High-performance PCs designed for gaming enthusiasts.
Custom systems for engineering and design tasks.
Portable devices for professional and home use.
People of Velocity Micro
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Funding Insights of Velocity Micro
Velocity Micro has successfully raised a total of $2.15M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $150 thousand completed in June 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Unspecified — $150,000
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First Round
First Round
(16 Oct 2003)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Unspecified - Velocity Micro | Valuation |
investors |
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| Apr, 2007 | Amount | Unspecified - Velocity Micro | Valuation |
investors |
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| Sep, 2004 | Amount | Unspecified - Velocity Micro | Valuation |
investors |
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Investments & Acquisitions by Velocity Micro
Velocity Micro has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Overdrive Pc.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online retailer offering RAM kit
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1999 |
Financial Statements - Velocity Micro
Velocity Micro Comparisons
Competitors of Velocity Micro
Velocity Micro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, OVHcloud, Lenovo, Dell and Inspur, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Diversified servers and hardware products are offered by Lenovo.
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| domain | founded_year | HQ Location |
Dell is recognized for providing computers and technology solutions.
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| domain | founded_year | HQ Location |
Data center infrastructure is managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Enterprise servers are designed, developed, and manufactured by Super Micro.
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Frequently Asked Questions about Velocity Micro
Velocity Micro was founded in 1997 and raised its 1st funding round 6 years after it was founded.
Velocity Micro is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Randy Copeland is the current CEO of Velocity Micro. They have also founded this company.
Velocity Micro is a funded company, having raised a total of $2.15M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $149K, raised on Oct 16, 2003.
As of Dec 31, 2019, the latest employee count at Velocity Micro is 1,942.
Velocity Micro was founded in 1997 and is based in Richmond, United States. Operations are centered in the computer hardware sector, where gaming computers, workstations, home theater systems, and home and office computers are produced. These products are assembled to support gaming, professional workloads, and general computing applications across domestic markets.
Velocity Micro's top competitors include Dell, Hewlett Packard Enterprise and Lenovo.
Velocity Micro offers Gaming PCs, Professional Workstations, and Laptops.
Velocity Micro has made 1 acquisition, including Overdrive Pc.