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* {{cite web |title=VMTurbo 'invisible hand' control freak grabs more virty servers |website=[[The Register]] |date=February 18, 2013 |url=http://www.theregister.co.uk/2013/02/18/vmturbo_operations_manager_3_3/ |ref={{sfnref | The Register | 2013}} | accessdate=August 5, 2016}}
* {{cite web |title=VMTurbo 'invisible hand' control freak grabs more virty servers |website=[[The Register]] |date=February 18, 2013 |url=http://www.theregister.co.uk/2013/02/18/vmturbo_operations_manager_3_3/ |ref={{sfnref | The Register | 2013}} | accessdate=August 5, 2016}}
* {{cite web |title=VMTurbo control freak spans more clouds |website=The Register |date=February 6, 2012 |url=http://www.theregister.co.uk/2012/02/06/vmturbo_operations_manager_3/ |ref={{sfnref | The Register | 2012}} | accessdate=August 5, 2016}}
* {{cite web |title=VMTurbo control freak spans more clouds |website=The Register |date=February 6, 2012 |url=http://www.theregister.co.uk/2012/02/06/vmturbo_operations_manager_3/ |ref={{sfnref | The Register | 2012}} | accessdate=August 5, 2016}}
* {{cite web | title = VMTurbo, Inc. Private Company Information. Businessweek | url = http://www.bloomberg.com/Research/stocks/private/snapshot.asp?privcapId=62444964 | publisher = Bloomberg L. P.| accessdate = 2016-08-06| quote = VMTurbo, Inc. develops an application performance control platform that analyzes application demand and automatically allocates shared resources.}}

== External links ==
== External links ==
* {{Official website|http://vmturbo.com/}}
* {{Official website|http://vmturbo.com/}}

Revision as of 22:41, 6 August 2016

VMTurbo, Inc.
Company typePrivate
IndustryVirtualization
Information Technology
Founded2008
Headquarters
500 Boylston Street
Boston, Massachusetts
,
United States
Key people
Shmuel Kliger (Founder and President)
Benjamin Nye (CEO)
Yuri Rabover (Vice President of Product Strategy & Co-Founder)
Mo Garad (CFO)
ProductsVirtualization Management Software
Websitevmturbo.com

VMTurbo, Inc. is an enterprise cloud and virtualization software company headquartered in Boston, Massachusetts.

Technology

VMTurbo's Operations Manager applies the principles of supply and demand to abstract virtual data center resources into commodities bought and sold within the environment and perform Intelligent workload management. At any given time, there is a finite supply of CPU, memory, drive space, IOPS, and other resources demanded by virtual machines and applications. These resource prices fluctuate in real-time as demand changes according to utilization rates, forcing buyers (workloads or VMs) to constantly shop around for better prices, and sellers (hosts) to raise prices as resources become scarce.

Operations Manager maintains the environment in dynamic equilibrium, wherein neither buyer surplus nor seller surplus exist.[1] The technology is a real-world implementation of research done by Yemini on Economic Models for Allocating Resources in Computer Systems. Resource allocation optimization is a linear programming problem, it is solvable. As the number dimensions grow, the number of permutations grow exponentially. Yemini's research showed that a local optimum could be found in linear time by approximating resource consumers and providers as buyers and sellers in a market place. Optimization is achieved when resources are provided at lowest possible price.[2]

Product history

When first launched in 2010, VMTurbo's version 1.0 tool only worked on VMware ESXi v4.1. Released in 2011, VMTurbo v 2.0 tools also worked with Microsoft's Hyper-V. With Version 3.0 released in early 2012, the tools were bundled together as VMturbo "Operations Manager". Version 3.0 extended the product's scope from onsite virtualisation to the IaaS cloud, by integrating with VMware's vCloud Director. With the release of VMTurbo version 3.3 in early 2013, integration capability was further extended to more IaaS cloud providers, such as CloudStack, and to more hypervisors often used for on site computing including ESXi 5.1 , Red Hat Enterprise Virtualization v3.1 and XenServer. [3] [1]

While originally part of VMware's ecosystem, VMTurbo's relationship with VMware became competetive, and as of October 2015 VMware had criticised VMTurbo's Operations Manager product as not being truly enterprise ready.[4]

Company history

VMTurbo was founded in 2008 by Shmuel Kliger, Yuri Rabover, Yechiam Yemini, Danilo Florissi and Shai Benjamin.[5] The same team previously co-founded System Management Arts (SMARTS),[6] which was acquired by EMC in 2005.[7] VMTurbo announced in February 2014 that it was moving its headquarters from Burlington, MA to Boston, MA beginning in April 2014.[8]

VMTurbo has been issued two patents thus far. Assigned on March 12, 2013, the first patent was given for the economic layer of abstraction in VMTurbo's Operations Manager. The second patent was awarded on April 30, 2013 for leveraging economic principles to manage IT virtualized environments.[9]

On September 25, 2013, VMTurbo named Bain Capital Ventures partner, Benjamin Nye, its Chief Executive Officer and elevated founder, Shmuel Kliger, to company President.[10]

Funding

VMTurbo raised a $7.5 million Series A from Bain Capital Ventures and Highland Capital Partners in 2009.[11] It then raised $10 million Series B from Bain and Highland in November 2011,[12] and a $7.5 million Series C round from Globespan Capital Partners in May 2013.[13] bringing the total funding to $25 Million.[14] In January 2015, the company raised another $50 Million in a Series D round led by ICONIQ Capital, a Silicon Valley-based investment firm, along with current investors Bain Capital Ventures, Globespan Capital Partners and Highland Capital Partners.[15]

Industry recognition

  • INC. 5000 - #344[16]
  • Forbes – America's Most Promising Companies 2015[17]
  • Forbes – America’s Most Promising Companies 2014[18]
  • EMA Vendor to Watch: VMTurbo[19]
  • Best data storage products 2013: Products of the Year[20]
  • CRN Emerging Vendors 2013[21]
  • SearchServerVirtualization’s 2011: Products of the Year[22]
  • Gartner Cool Vendors in Cloud Management, 2011[23]

References

  1. ^ a b Prickett Morgan, Timothy (6 February 2012). "VMTurbo control freak spans more clouds". The Register. Retrieved 7 March 2014.
  2. ^ Yemini, Yechiam; Ferguson, Donald F.; Nikolaou, Christos; Sairamesh, Jakka. "Economic Models for Allocating Resources in Computer Systems". CiteSeerx: 10.1.1.47.119. {{cite journal}}: Cite journal requires |journal= (help)
  3. ^ Timothy Prickett Morgan (February 2013). "VMTurbo control freak spans more clouds". The Register. Retrieved 2016-08-06.
  4. ^ Kevin McLaughlin (October 2015). "Sources: VMware Sets Sights On Startup VMTurbo As Cloud Management Battle Heats Up". CRN Magazine. Retrieved 2016-08-06.
  5. ^ Peter Cohan (29 January 2014). "Growing At 100% VMTurbo Takes Share And Talent From IBM". Forbes. Retrieved 3 August 2016.
  6. ^ "VMTurbo's Tripling Revenues Are IBM's Loss". Forbes. 23 July 2013. Retrieved 3 August 2016.
  7. ^ Weiss, Todd R. (December 21, 2004). "EMC acquires SMARTS in $260M deal". Computerworld. Retrieved 21 March 2014.
  8. ^ Bernard, GIllis (February 11, 2014). "VMTurbo Will Move to Back Bay & Bulk Up Team in 2014". BostInno. Retrieved 7 March 2014.
  9. ^ Morgan, Timothy Prickett (May 1, 2013). "VMTurbo trousers $7.5m to bring Adam Smith's hand to more clouds". The Register.
  10. ^ Borchers, Callum (September 25, 2013). "VMTurbo names Bain Capital Ventures partner Benjamin Nye new CEO". Boston Globe. Retrieved 4 March 2014.
  11. ^ Ludwig, Sean (November 29, 2011). "VMTurbo grabs $10M from Bain, Highland to expand cloud virtualization solutions". Venture Beat. Retrieved 28 March 2014.
  12. ^ "VMTurbo Closes $10M in Series B Funding". 2011-11-29. Retrieved 2016-08-02.
  13. ^ Alspach, Kyle (May 1, 2013). "Cloud automation firm VMTurbo adds $7.5M from Globespan". Boston Business Journal. Retrieved 7 March 2014.
  14. ^ Boslet, Mark (2013-05-01). "VMTurbo Raises Series C In Deal Led By Globespan – PE HUB". The PE Hub Network. Retrieved 2016-08-02.
  15. ^ Alspach, Kyle (January 21, 2013). "VMTurbo Is Valued at $500M after $50M Round Led by Zuckerberg-Affiliated Fund". BostInno". Retrieved 9 February 2015. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  16. ^ "VMTurbo: Number 344 on the 2015 Inc. 5000". Inc.com. Retrieved 2016-08-02.
  17. ^ "VMTurbo #52 on Forbes America's Most Promising Companies". Forbes.
  18. ^ Borchers, Callum (January 22, 2014). "uTest leads 7 Massachusetts businesses on Forbes list of most promising companies". Boston Globe. Retrieved 7 March 2014.
  19. ^ "EMA Vendor to Watch: VMTurbo" (PDF). EMA. 2013. Retrieved 7 March 2014.
  20. ^ O'Brien, Ellen; Wilson, Sarah (February 14, 2014). "VMTurbo Inc. VMTurbo Operations Manager 4.1 and Storage Extension". TechTarget -- SearchVirtualStorage. Retrieved 7 March 2014.
  21. ^ CRN Staff (August 13, 2013). "Emerging Vendors 2013: Virtualization Vendors". CRN.
  22. ^ "Products of the Year 2011: Virtualization management". TechTarget – SearchServerVirtualization. Retrieved 3 March 2014.
  23. ^ Milind Govekar; Cameron Haight; Donna Scott (11 April 2011). "Cool Vendors in Cloud Management, 2011". Gartner. Retrieved 1 March 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)

Further reading

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