HomefundingMorphlabs Secures $5.5M Series B Round of Financing

Morphlabs Secures $5.5M Series B Round of Financing

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Morphlabs, Inc., an El Segundo, CA-based cloud platform company powering enterprises and service providers, has secured a $5.5m Series B round of financing.
The round is led by Global Gateway Investment Group with participation from new investor, Frontera Group LLC, and existing shareholders CSK Venture Capital Co. Ltd. and AO Capital Partners Ltd.
This funding will be used to accelerate expansion in the United States and Asia. of the company’s solutions, (mCloud™ series), which enable enterprises and service providers to deploy automated and elastic computing infrastructures to support flexible and high performance applications and processes.
To meet increasing market demand, Morphlabs has also appointed Satoshi Konno as President of Japan Operations. The company has operations in the Philippines, as well.
FinSMEs
14/07/2010

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