CloudVelocity gets $5M to move biz apps to public clouds

Mayfield Fund is backing CloudVelocity’s hybrid cloud automation vision to the tune of $5 million in Series A funding. CloudVelocity’s very bold promise is that it will move your existing enterprise apps to a public cloud and run them there securely.

Ex-HP cloud VP joins Mayfield Fund

Mayfield Fund named Sandeep Johri as its new executive in residence. He willl use his experience in enterprise software to drive the VC’s enterprise strategy. Johri helped drive HP’s cloud and enterprise strategy and also held management posts at Silicon Graphics and Gemini Consulting.

Ride sharing startup Zimride raises $6M

Ride sharing startup Zimride has raised its first substantial round of funding. On Wednesday the company, which allows people to arrange shared car rides together via the web and mobile apps, said it has raised $6 million in a Series A round led by Mayfield Fund.

SolarCity aims for $42M to expand solar roofs

SolarCity, which has lined up investors such as Google to finance solar panel installations, is looking for money to run its business operations. The installer is seeking a $42 million round and has bagged about $14.8 million, according to its government filing Friday.