Velox Systems, Inc.

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Velox Systems, Inc. - overview

Established

2010

Location

Bend, OR, US

Primary Industry

Internet

About

Velox Systems is a provider of IT support and cybersecurity solutions, focused on enhancing operational efficiency and security for businesses across diverse sectors. Founded in 2010, Velox Systems delivers specialized IT services and cybersecurity solutions. The firm's headquarters are located in Bend, US, where it has operated since inception. Velox Systems was formed by a group of entrepreneurs with extensive industry experience and has completed one deal to date, with its most recent deal on February 12, 2025.


Velox Systems specializes in providing comprehensive IT support and cybersecurity solutions tailored for businesses across various industries. Their core offerings include managed IT services, cybersecurity training, and compliance consulting, particularly focusing on CMMC certification for defense industrial base clients. Velox's managed IT services encompass proactive monitoring, data management, and cloud computing solutions aimed at enhancing operational efficiency and security for their clients. The company also conducts HIPAA compliance audits and offers IT support tailored for the healthcare, manufacturing, and construction sectors, ensuring that organizations meet regulatory requirements while minimizing risks associated with data breaches.


Velox Systems serves clients nationwide, with a particular emphasis on sectors that demand high levels of data security and compliance, including healthcare providers, manufacturing firms, and construction companies. Velox Systems generates revenue primarily through subscription-based managed IT services and consulting contracts. Clients typically engage Velox on an ongoing basis for IT support, cybersecurity solutions, and compliance services, which are structured as monthly or annual subscription plans. Each service plan varies based on the client's specific needs and industry requirements, ensuring tailored support and proactive management.


Revenue is also supplemented through project-based consulting services, particularly for healthcare and manufacturing clients undergoing compliance audits and cybersecurity training programs. The company’s flagship offerings, such as their Business Shield plan, provide continuous cybersecurity protection, while their training programs ensure that client staff are well-equipped to handle potential cyber threats. In February 2025, CMIT Solutions, Inc. , a portfolio company of Hammond, Kennedy, Whitney & Co.


, acquired Velox Systems. The financial terms were not disclosed. This acquisition is expected to enhance Velox's ability to provide advanced IT and cybersecurity services. The company is currently focusing on developing new products aimed at expanding its service offerings and plans to enter new geographic markets, although specific markets have not been detailed.


The rationale behind the acquisition is to leverage CMIT Solutions' resources to better serve clients, particularly in the field of cybersecurity.


Current Investors

CMIT Solutions, Inc.

Primary Industry

Internet

Sub Industries

Consulting Services, Internet, IT Security/Cybersecurity

Website

www.veloxsystems.net

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Velox Systems, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedVelox Systems, Inc.-

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