Los Angeles, August 22, 2013. Stubbs Alderton & Markiles, LLP has announced that it advised client Morphlabs, Inc., the leader in efficient and powerful OpenStack(R) solutions for service providers and the enterprise, in its $10 million Series D financing. The round, which was led by Tallwood Management and Entropy Research Lab and also included existing investor G2iG, brings the total capital raised by the company to $22.5 million since inception. Morphlabs will use the proceeds from this round to extend the company’s leadership position in the Asia OpenStack market through an aggressive training and seminar program, and through its partnership with NEC.
To read the full press release regarding the funding, click here.