SOURCE: Midokura

Midokura

July 10, 2013 09:01 ET

Midokura Selected by AlwaysOn as AlwaysOn Global 250 2013 Winner

Midokura Recognized in 'B2B Infrastructure: Cloud and Infrastructure' Category

SAN FRANCISCO, CA--(Marketwired - Jul 10, 2013) -   Midokura, a global startup focused on network virtualization, today announced its recognition as an AlwaysOn Global 250 2013 winner in the 'B2B Infrastructure: Cloud and Infrastructure' category. Winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists and industry insiders.

According to AlwaysOn, inclusion in the list signifies leadership amongst peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the global Silicon Valley. Midokura was specially selected by the AlwaysOn editorial team and industry experts based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

"This year's AlwaysOn Global 250 is seeing an unprecedented shift from desktop to mobile. Concurrently, innovators in the cloud are making it possible for an entirely new generation of application and software solutions to enter the technology marketplace. The enterprise world has endured a long ramp-up to the cloud, as well as finally accepting that mobile is here to stay. Now, businesses are demanding even more robust, secure applications with which to run their operations -- anytime, anywhere," says Tony Perkins, founder and editor of AlwaysOn. "The global Silicon Valley is rising to this challenge with unfettered enthusiasm, providing business management solutions, IT infrastructure, and elegant, stable applications. Coupled with bleeding-edge consumer adoption of the latest and most powerful media applications, the companies on this year's AlwaysOn Global 250 represent the highest-growth opportunities in today's private company marketplace."

Midokura's flagship product, MidoNet, virtualizes the network stack for cloud platforms, such as OpenStack and Apache CloudStack. MidoNet is a distributed, decentralized, multi-layer software-defined virtual network solution specifically designed for Infrastructure as a Service (IaaS). Midokura's approach not only adds automation that significantly reduces the human cost (OPEX) of managing the network, but also impacts the overall economics of cloud computing (CAPEX) by simplifying network requirements.

"Midokura is once again honored to be recognized by AlwaysOn as an AlwaysOn Global 250 2013 winner for our continued efforts in advancing and disrupting the field of network virtualization," said Dan Dumitriu, co-founder and CEO of Midokura. "We look forward to continuing to provide innovative technology to meet market changing demands. Hats off to all the companies that join us on this year's list."

Midokura and the AlwaysOn Global 250 companies will be honored at AlwaysOn's 11th annual Innovation Summit at the Computer History Museum on July 23, 2013 at 5:40 pm PT. The two-day executive gathering highlights the significant economic, political and commercial trends affecting the global technology industries.

A full list of all the AlwaysOn Global 250 2013 winners can be found on the AlwaysOn website at:
http://aonetwork.com/Announcing-the-2013-AlwaysOn-Global-250-Top-Private-Companies

About Midokura
Midokura is a global startup focused on network virtualization. Founded in 2010, the team has a pedigree including Amazon and Google, and has spent more than three years building MidoNet, a complete overlay network virtualization solution that integrates with cloud platforms such as OpenStack and Apache CloudStack. Midokura has offices in San Francisco, Tokyo, Lausanne and Barcelona, and is on the web at http://www.midokura.com.

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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