SOURCE: Midokura

Midokura

February 17, 2015 09:03 ET

Midokura Named AlwaysOn OnCloud Top 100 Private Companies Award Winner for the Third Consecutive Year

Midokura Recognized for Creating New Opportunities in B2B Cloud Infrastructure as Open Cloud Infrastructures Continue to Gain Traction

SAN FRANCISCO, CA--(Marketwired - Feb 17, 2015) - Midokura, a global startup focused on network virtualization, today announced that it has been named to the AlwaysOn OnCloud Top 100 Private Companies list for the "Cloud Infrastructure" category for a third year in a row. Formerly known as the OnDemand 100, this list identifies the top innovative companies developing groundbreaking technologies to bring enterprises into the cloud, including others that join Midokura at the forefront of espousing open cloud technologies.

"Being named among AlwaysOn's OnCloud Top 100 private companies for the third consecutive year is a testament to Midokura's continued market and thought leadership, as well as our success with our move to open source our MidoNet network virtualization overlay technology and delivering on our enterprise offerings," said Dan Dumitriu, CEO of Midokura. "We are proud to be selected to the list based on factors including innovation, market potential, commercialization, stakeholder value and media buzz, and are happy to see other companies that embrace open technologies join us on this prestigious list."

In November 2014, Midokura boldly decided to open source the code behind its award-winning flagship product, MidoNet -- today named Midokura Enterprise MidoNet (MEM). MEM is a highly distributed, de-centralized, multi-layer software-defined virtual network solution designed for Infrastructure as a Service (IaaS) clouds. The move to open source MEM's technology as MidoNet was a major step in making cloud accessible to the enterprise, by creating the industry's first open, vendor-agnostic network virtualization solution. Favored by DevOps cultures from global enterprises, Web scale companies and service providers alike, the open MidoNet community has already seen rapid growth in its first few months.

Midokura is seeing strong continued company momentum marked by new customer wins, partnerships and industry accolades, including the AlwaysOn OnCloud Top 100. To learn more, visit: http://www.midokura.com/press-releases/midokura-embraces-market-devop-culture/

"The OnCloud Top 100 represents the best-of-breed of private companies in B2B applications, management tools, security and infrastructure sectors," said Tony Perkins, AlwaysOn founder and editor. "Given the amount of growth and investment pouring into the cloud -- by both emerging and Fortune 1000 companies, the OnCloud Top 100 private companies are well positioned to be the fastest growing and most highly valued new companies on the planet."

"This year's AlwaysOn OnCloud list represents the industry breaking through conventional boundaries, and includes several companies along with Midokura that are embracing open cloud technologies, including Cumulus, Docker, Mirantis and Pica8," added Dan Dumitriu. "The award recognition acknowledges that open cloud infrastructure continues to gain traction, and will be a powerful force in 2015." 

For the full list of this year's AlwaysOn OnCloud Top 100 winners, visit: http://www.aonetwork.com/blogs/Announcing-the-2015-OnCloud-Top-100-private-companies

Tweet This: .@Midokura named an @AlwaysOn OnCloud Top 100 winner for 3rd consecutive year http://bit.ly/1AfT1bf

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About Midokura
Founded in 2010, Midokura was an early global leader in network virtualization. The company's pedigree includes Amazon, Cisco, Google and VMware. With its Midokura Enterprise MidoNet (MEM) solution, Midokura offers the industry a complete overlay technology that integrates with cloud platforms such as OpenStack. A contributor to the OpenStack Networking (Neutron) Project and member of the Open Daylight Project, Midokura has made the source code for MidoNet freely available at www.midonet.org, delivering the first truly open, vendor-agnostic network virtualization solution available for the OpenStack community.

Midokura has offices in San Francisco, Tokyo and Barcelona, and is on the web at www.midokura.com. Follow us on Twitter: @midokura

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About AlwaysOn
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.

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