The band is called Escort, the song is called "Outta My Head," the video matches the Journey video, shot for shot.
The band is from Brooklyn, New York and call themselves a "Nu-Disco" band. Escort's debut, self titled album was actually named one of the top 50 albums of 2012, coming in at number 40.
Their latest album includes the song, "Outta My Head." The video for the song, for some unknown reason, is shot for shot with Journey's "Separate Ways."
This is not the first time the Journey video has been parodied. There are numerous parodies of the video online.
This, however, is the first time, from I what I can see, a band is doing their own song, just matching the images from the Journey video.