News
Morphlabs Raises $5 Million in Series C Financing
Leader in Converged Dynamic Infrastructure Solutions for the Enterprise Raises Funds to Accelerate Global Growth and Deployments
September 6, 2011 (Manhattan Beach, CA) – Morphlabs, the leader in converged Dynamic Infrastructure solutions for enterprise customers, announced today that it has raised $5 million in Series C funding. The round was led by strategic partners BBT of Japan and a private, Indonesia-based investor group. Morphlabs will use the additional capital to fuel immediate deployments in the ASEAN region as well as select deployments in North America, like the recently announced Alchemy Communications operating partnership.
The ASEAN region requires an end-to-end solution for cloud infrastructure delivery that can be deployed efficiently and adapts to rapid growth requirements. After carefully evaluating the players in the cloud computing space, Morphlabs is making an impact by enabling enterprise customers, for the first time, to consume dynamic cloud infrastructure via a blueprint that is fully-optimized and designed to be both fault-tolerant and scalable. The mCloud DCU solution allows enterprises to control their cloud infrastructure with no capital expenditure, making cloud available to rapidly developing IT markets. Morphlabs is clearly positioned to become a leader in the cloud computing industry.
Since receiving a Series B round of financing in July 2010, Morphlabs has grown from 25 to 50 employees and has expanded its reach throughout the United States and Asia. In May 2011, Morphlabs announced a partnership with Arista Networks, BroadBand Tower Inc., CoreSite Realty Corporation and Nexenta Systems, among others, to deliver its mCloud Data Center Unit (DCU).
The mCloud DCU is designed to remove the complexities of implementing the most price performant cloud solution on the market, taking an infrastructure blueprint bound together by mCloud technology with best-of-breed cloud building blocks to deliver mission critical capabilities via on-premises or hosted private cloud. Morphlabs leverages commodity hardware and open source innovations to define the most simple, efficient, and elegant blueprint available today for the delivery of converged dynamic infrastructure services.
“Over the past year, Morphlabs has forged strategic partnerships to innovate, build and push the boundaries of the cloud in order to democratize access to enterprise-class efficient computing for IT organizations,” said Winston Damarillo, CEO of Morphlabs. “We’re thrilled to use this round of funding to grow our team and to deliver highly-available cloud environments for enterprises that might not otherwise be able to benefit from the cloud because of the challenges associated with existing public and private cloud deployment options.”
Morphlabs anticipates additional funding announcements before the end of the year to further fuel its ASEAN and European expansion.
About Morphlabs
Morphlabs, Inc. delivers efficient computing based on optimized cloud architecture. Our mCloud solutions enable us to provide the most cost effective platform for delivering cloud infrastructure and maximizing productivity for network administrators and software developers – empowering everyone to join the cloud revolution. As passionate members of the evolving cloud ecosystem, we combine open-source software, commodity hardware and our years of experience in disruptive technology innovation to ensure that businesses of all sizes can innovate and compete. Founded in 2007 by industry pioneers, Morphlabs, Inc. is headquartered in Los Angeles, with operations in the Philippines, Japan and Australia. For more information, visit www.morphlabs.com.
Recent News
- Managing Director Ivan Nikkhoo Discusses Launch of Google Capital With IDG
- David Siemer Speaks on Keynote Roundtable at Red Herring 2013 Top 100 North America Conference
- Ivan Nikkhoo Writes About Raising Growth Capital for SoCalTech
- John Rudolph Speaks on Music Branding and Commerce Panel at Digital Hollywood
- David Siemer Speaks on What It Takes to Get Funded Today Panel at DMW Games
- Ivan Nikkhoo Speaks About Declining PC Sales with CNN
- Dan Chen Speaks on Yale in Hollywood Entertainment Conference Panel
- Siemer & Associates Releases Q1 2013 Siemer Mobile Report
- Dan Chen Speaks on Finance Panel at DMW Music 2013
- Siemer & Associates Advises TapIt! on its Sale to Phunware, Inc.
- Ivan Nikkhoo, Managing Director of Siemer & Associates LLC, Joins Digital Jersey Board of Directors
- David Siemer Honored as Power Player at AlwaysOn’s OnHollywood 2012 Private Dinner
- Siemer & Associates Advisor, John Rudolph, Speaks with Bloomberg TV on Apple’s Streaming Radio Service
- Martin Lichauco to Judge ON3 Nationals Hosted by STAC Silicon Valley
- Ivan Nikkhoo to Speak on Mobile Video Market at OnMobile 2012
- David Siemer Highlighted in 89.3 KPCC Article that Discusses VC Investing Concerns
- Siemer & Associates Sponsors PWC’s Shaking the MoneyTree Report, Hosted by LAVA
- David Siemer Speaks on Valuing and Financing Entertainment Content Panel at Digital Hollywood Spring
- Siemer & Associates LLC Expands Operations with the Addition of Dan Chen as Managing Director
- David Siemer Interviewed by Forbes: Investment Dollars for Start-Ups: Who’s Getting the Cash?
- Siemer & Associates and Siemer Ventures Launch WaveMaker Labs, a Singapore-based Technology Incubator Certified by the Singaporean Government
- Martin Lichauco Discusses Telecom Incubators with the Philippine Daily Inquirer
- David Siemer Discusses Capital Market Trends in Mergermarket’s Deal Drivers Americas 2011 Report
- Siemer & Associates LLC Advises Fetch Technologies on its Sale to Connotate
- Martin Lichauco to Present on Cross-Border Transactions for Lex Mundi in Manila
- David Siemer Discusses “Four Pitfalls that Sabotage Startup Growth” with SandHill.com
- Ivan Nikkhoo to Serve as Judge at USC Global Consulting Challenge
- Ivan Nikkhoo Serves on Early Stage Financing Panel
- David Siemer Discusses Global VC Trends with KPCC’s DeBord Report
- David Siemer Discusses 2012 Ad Network M&A and IPO Trends with MergerMarket
- David Siemer Interviewed in Hollyisco: 2012 M&A and Venture Capital Trends
- Ivan Nikkhoo Serves on Panel at Venture Summit Silicon Valley 2011
- Siemer & Associates LLC Publishes Q3 Digital Media and Software M&A Activity Exit Report
- Adconion Media Group Makes Global ‘Land Grab’ for Video Advertising Market
- Ivan Nikkhoo Serves on Private Equity in the New Economy Panel
- Ivan Nikkhoo Speaks at Los Angeles October AlmaSession
- David Siemer and Martin Lichauco to Judge Infant Companies at Startup Weekend Manila
- Ivan Nikkhoo Sits on YPO Mobile Technology Summit Panel
- Siemer Silicon Beach Summit Featured in Los Angeles Business Journal Article
- Siemer & Associates Advises mDialog on $5 Million in Series A Investment from Blackberry Partners Fund
- Siemer Silicon Beach Summit Highlighted in Investor’s Business Daily Article
- Siemer & Associates Publishes Fall 2011 Mobile Landscape Report
- Siemer Silicon Beach Summit Featured in Hollyisco
- Siemer & Associates Sponsors PWC’s Shaking the MoneyTree Report, Hosted by LAVA
- Martin Lichauco Featured in Asian Venture Capital Journal
- Morphlabs Raises $5 Million in Series C Financing
- Siemer & Associates Publishes Online Advertising Landscape Report
- Siemer & Associates and Frontera Group Join Forces to Form Siemer Ventures
- Ivan Nikkhoo Featured in Los Angeles Business Journal Article
- David Siemer Featured in Mergermarket Article
- Siemer & Associates LLC Extends Reach to Asia with Hong Kong Office, Hires Martin Lichauco as Managing Director ─ July 21, 2011
- Ivan Nikkhoo Elected to Los Angeles Venture Association (LAVA) Board of Directors
- Siemer & Associates Advises GoTV Networks, Inc. on its Sale to Phunware, Inc. ─ July 12, 2011
- Siemer & Associates LLC Provides Financial Advisory Services to Dedicated Media
- David Siemer Featured in Los Angeles Business Journal Article
- Siemer & Associates Sponsors L.A. Dealmakers’ Summer Soirée 2011 on July 21
- Siemer & Associates LLC Advises Pringo, Inc. on its Merger with MobileBits Holdings Corp. ─ July 1, 2011
- Ivan Nikkhoo to Moderate Panel at LAVA Investment Capital Conference 2011 ─ June 22, 2011
- Siemer & Associates LLC Advises Countdown Media LP on its Sale to Bug Music, Inc. ─ June 14, 2011
- Siemer & Associates Sponsors PwC’s Shaking the MoneyTree ─ May 26, 2011
- Shoedazzle Receives New Investment Round; Siemer & Associates Advises — May 18, 2011
- Siemer Ventures Makes Second Investment in Ranker – April 4, 2011
- Siemer Ventures Invests in Marketfish – January 10, 2011
- Siemer Ventures Invests in Morphlabs, Inc. – January 4, 2011
- Siemer & Associates Sponsors Digital Hollywood: Fall – October 18-21, 2010
- Siemer Ventures Invests in Phunware – October 15, 2010
- Siemer & Associates Sponsors Charity Ball for Kiva – May 15, 2010
- Siemer & Associates Will Be At Digital Hollywood: Spring – May 3-6 2010
- Siemer Ventures Invests in Ranker – April 26, 2010
- Siemer & Associates Announces the Hiring of Jonathan Roth as a Director
- David Siemer Speaks at SXSW 2010 – March 13th, 2010
- See David Siemer Speak At CES 2010
- Siemer & Associates Announces the Hiring of Michael Mizrahi as an Analyst
- Siemer & Associates Announces the Hiring of Garrett Taylor as an Analyst
- Siemer & Associates Advises Levelvision: College on its Sale to Visser Digital Media
- David Siemer Selected as Speaker at CES 2009
- Siemer Ventures Announce Investment in Xcast Labs
- Siemer & Associates Advises Adengage on its Sale to Technorati
- Lockheed Martin Completes Acquisition of Aculight Corporation
- Shelfari Joins the Amazon.com Family
- Siemer & Associates Announces Office Move
- WidgetBucks Secures $10 Million to Expand Internet’s Fastest Growing Ad Network
- J.D. Power and Associates Acquires Umbria Inc.; Expands Voice of the Customer Research Capabilities on the Web
- Answerology Sold to Hearst Magazines Online Q&A Community Platform to be Integrated Into Hearst’s Sites
- TurnHere Secures $7.5M in Venture Capital Funding from Venrock and Hearst Interactive Media
- Covario, Inc. (Formerly SEMDirector) Raises $16 Million B Round led by FTVentures
- WPP Acquires Blast Radius
- WPP Acquires Marketing Leader, Schematic
- CBS Buys SignStorey
- Thomson Acquires Distributor
- Corporate Executive Board Completes Acquisition of ITtoolbox, Extends Service with the Addition of a Professional Online Community
- The Walt Disney Company Acquires Club Penguin
- Hearst Corporation to Acquire UGO Networks: Deal Signifies Hearst’s First Major Step Into Digital Entertainment
- Jupitermedia Announces Acquisition of Mediabistro.com Online Community and Job Board Serving Media & Creative Professionals
- Pulvermedia Recapitalized with Debt by Technology Investment Capital Corp.
- Vantage Media Secures Series A Financing of $70 Million
- Fidelity National Real Estate Solutions Announces Acquisition of Go Apply
- Story Worldwide Taps Private Equity from Seaport Capital to Merge with Byte Interactive
- Hearst Magazines Announces Acquisition of eCRUSH.COM, Inc.
- Data Company Finalizes $134m Takeover of Opinion Research Corporation
- « Older Entries
