Morphlabs Announces $10m in Series D Funding
Leader in OpenStack-Powered Private and Public Cloud Solutions to Use Latest Round to Accelerate Adoption Across Asia
MANHATTAN BEACH, Calif., Aug 20, 2013 (BUSINESS WIRE) -- Morphlabs, the leader in efficient and powerful OpenStack(R) solutions for service providers and the enterprise, today announced it has secured $10 million in Series D financing. The round, which was led by Tallwood Management and Entropy Research Lab and also included existing investor G2iG, brings the total capital raised by the company to $22.5 million since inception. Morphlabs will use the proceeds from this round to extend the company's leadership position in the Asia OpenStack market through an aggressive training and seminar program, and through its partnership with NEC. Morphlabs OpenStack-powered mCloud solutions combine best-of-breed software and optimized hardware to deliver the most efficient open source cloud available today. OpenStack, the open source cloud operating system, is rapidly gaining momentum in Asia as a growing number of enterprises and service providers are deploying OpenStack-based infrastructures to power their public and private clouds. "The investment from three leading investors such as Tallwood Management, Entropy Research Lab and G2iG is about much more than capital," said Satoshi Konno, co-founder and GM of Asia Operations, Morphlabs. "It's about accelerating the Asia OpenStack market and solidifying Morphlabs' leadership position in it. As an open source technology, OpenStack represents a paradigm shift for enterprises and service providers and our OpenStack Training for the Asian market will provide ideal support for our users and simplify the deployment of OpenStack clouds throughout the region." To meet this growing demand, Morphlabs is launching a comprehensive series of OpenStack training programs throughout Asia over the next three months, beginning in Manila on September 18th and including Jakarta, Singapore, Cebu and Hong Kong. The first training seminar in Manila will be immediately followed by an OpenStack Hack-a-thon called StackHack. The winning team at StackHack will be invited to attend the OpenStack Summit in Hong Kong later this year courtesy of Morphlabs and NEC. NEC, a world-leading provider of communications technology and services, last month announced a partnership with Morphlabs to deliver pre-configured and certified mCloud Solutions with NEC Express 5800 servers.
Morphlabs and NEC form Partnership to Deliver Breakthrough Cloud Solutions to Service Providers
Morphlabs and NEC enable simple cloud infrastructure deployments for service providers to build their own public and private clouds.
Manhattan Beach, Calif.—July 16, 2013—Morphlabs, Inc. (Morphlabs; CEO and founder, Winston Damarillo), a U.S.-based cloud solution provider, and NEC Corporation (NEC; Tokyo Stock Exchange: 6701) today announced the availability of pre-configured and certified mCloud Solutions with NEC Express 5800 servers. mCloud Solutions, powered by OpenStack, provide compact, scalable and efficient cloud infrastructure, with integrated metering and billing, enabling service providers to offer cost effective and sophisticated cloud services while nearly eliminating time-to-market. “mCloud and NEC empower service providers to immediately deploy public and private clouds using best-of-breed open source software and hardware without requiring a massive capital expenditure,” said Morphlabs Co-Founder and Executive Vice President for Asian Business, Satoshi Konno. “Working closely with NEC, we have packed the high performance benefits of mCloud into telco grade hardware, making it possible for service providers to deploy massively scalable and competitive public clouds without investing in massive, complex build-outs.” mCloud Solutions, combined with NEC’s power-dense and energy-efficient Express 5800 server system with solid state drives (SSD), provide unmatched price and performance. mCloud Solutions are highly-optimized and offer a turnkey and modular public cloud offering that are scalable to thousands of virtual machines. Service Providers that deploy mCloud Solutions can add compute on demand and storage on demand, enabling customized cloud solutions for service providers based on specific objectives and customer demand.
“Together, Morphlabs and NEC enable service providers, especially in growing markets throughout Asia, to build their own public clouds and launch their services quickly into the market,” said Kazuhiro Iwamoto, General Manager, IT Platform Division, NEC. “mCloud Solutions utilizing NEC Express 5800 servers achieve high power efficiency and performance with a sophisticated cloud infrastructure.” mCloud Solutions powered by NEC are being deployed throughout Asia, including the Philippines and Indonesia. “PT Pratesis is providing the first truly open cloud for Indonesia, backed by OpenStack expertise from Morphlabs and NEC. We have positioned ourselves as a leader in the open cloud era in Southeast Asia,” said Singgih Tjahjono, President Director of PT Pratesis, one of the fastest growing cloud service providers in Indonesia. “By utilizing open cloud technologies, we are providing the most value and performance of any cloud provider in Indonesia.”
About Morphlabs, Inc.
Morphlabs, Inc. is a recognized leader in OpenStack solutions for service providers and the enterprise. Our mCloud solutions pre-integrate hyperscale hardware with best-of-breed software to deliver the most value and performance in private or public clouds available today. The mCloud solution’s next generation modular architecture completely integrates compute, storage and networking to dramatically reduce the cost of IT while accelerating time to market. Enterprises and service providers are free to focus on the tasks that differentiate their business, instead of worrying about IT procurement, integration, assembly and optimization. Founded in 2007 by industry pioneers, Morphlabs, Inc. is headquartered in Los Angeles, with operations in the Philippines, Japan, and Singapore. For more information, visit http://www.morphlabs.com.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.