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Midokura Named CRN Emerging Vendor for 2013

Midokura's MidoNet Solution Recognized for Innovative and Channel-Promising Approach to Network Virtualization

SAN FRANCISCO, CA -- (Marketwired) -- 08/20/13 -- Midokura, a global startup focused on network virtualization, today announced it has been named a 2013 Emerging Technology vendor by UBM Tech Channel's CRN Magazine. The annual list highlights hot technology startups making an impact on the channel and an impression on the technology industry as a whole. Midokura recently announced general availability of its flagship product, MidoNet, an overlay-based approach to virtualizing an organization's network. Like other vendors on the CRN list, Midokura's MidoNet is recognized for not only being innovative, but generating the high margins that solution providers require in today's competitive marketplace.

"Any technology vendor can claim to offer innovative products and groundbreaking technology, but only a select group can truly impact the marketplace with their offerings," said Robert Faletra, CEO, UBM Tech Channel. "The companies named to the 2013 Emerging Vendor list offer solutions that deliver as promised while creating the high margins that solution providers demand. We congratulate all the vendors for their commitment to delivering technological innovations that map to the needs of the dynamic channel market."

MidoNet virtualizes the network stack for cloud platforms, such as OpenStack and Apache CloudStack. It 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 honored to be recognized by CRN as a hot startup and key emerging technology vendor for 2013," said Dan Dumitriu, co-founder and CEO of Midokura. "The software-defined networking industry continues to mature and expand, we are primed for growth and are proud to be offering the market our unique brand of network virtualization with MidoNet, a technology that delivers a scalable, automated and resilient solution. We look forward to continuing to develop a disruptive solution to keep up with the latest customer and channel needs."

To view CRN's 2013 Emerging Technology Vendor list and read the editorial accompaniment, please visit http://tinyurl.com/lkvbqah. The list will also be featured in the August issue of CRN magazine.

About Midokura
Midokura is a global startup focused on network virtualization. Founded in 2010, the team has a pedigree including Amazon, VMWare 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 UBM Tech Channel
UBM Tech Channel, a UBM company is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Tech Channel has the unmatched channel expertise to execute integrated solutions for technology executives, managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. To learn more about UBM Tech Channel, visit us at http://www.ubmchannel.com. Follow us on Twitter at http://twitter.com/UBMTechChannel.

About UBM LLC
UBM LLC is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, visit www.ubm.com.

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