Cloud Platform Startup Morphlabs Raises $5.5 Million
Cloud Platform startup Morphlabs has raised $5.5 million in Series B funding led by Global Gateway Investment Group with Frontera Group, CSK Venture Capital, and AO Capital Partners participating. This brings the company’s total funding to $7 million.
Morph Labs offers a Platform as a Service (PaaS) that virtualizes the application environment through the use of open source technologies. The startup offers a private cloud appliance, mCloud Controller, which helps clients with provisioning, billing and virtual machine management.
The funding will be used to accelerate expansion in the United States and Asia.
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RT @techcrunchit: Cloud Platform Startup Morphlabs Raises $5.5 Million by Leena Rao
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