OpenStack Advocate MorphLabs Takes a Small $10M Fourth Round for Asian Expansion

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Published on Aug. 21, 2013

By Writer Jolie O'Dell of VentureBeat

 

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MorphLabs has announced it’s raised $10 million in its fourth round of funding — a relatively small amount given the late stage.

MorphLabs makes OpenStack-integrated products for big-time players in the enterprise, including service providers. The company’s mCloud offering uses OpenStack, a cloud-based operating system, to bring software/hardware open and private cloud technologies to its customers.

 

The Series D was led by Tallwood Management and Entropy Research Lab with participation from existing investor G2iG. This round brings the company’s funding to date to $22.5 million.

 

The funding will be used to expand MorphLabs’ business in Asia.


Read more at https://venturebeat.com/2013/08/20/openstack-advocate-morphlabs-takes-a-small-10m-fourth-round-for-asian-expansion/#ROZUS0VwitbpuuBd.99 

 

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