Cloud Platform Startup Morph Labs Raises $5 Million

Cloud Platform startup Morphlabs has raised $5 million in Series C funding. The round was led by strategic partners BBT of Japan and a private, Indonesia-based investor group. This brings the startup's total funding to $12 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 server appliance, the mCloud Controller, which helps clients with provisioning, billing and virtual machine management.

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