Wednesday, December 15, 2010
Morphlabs Gets $1.0M From Strategic Partner
Manhattan Beach-based Morphlabs, the provider of software for managing private and public cloud infrastructure, has raised $1M in funding from a strategic partner, the firm said this week. According to Morphlabs, the investment came from BroadBand Tower, a provider of Internet services, hosting, and other services in Japan. Morphlabs said that BroadBand Tower has been using its platform since late 2009. Morphlabs is headed by serial entrepreneur Winston Damarillo. The two companies said the investment and strategic partnership will help them accelerate business expansion into the global market and the enterprise cloud computing market. More information »