Turbonomic

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Turbonomic
Private
Industry Virtualization
information technology
Founded 2008[1]
Headquarters Boston, Massachusetts, United States
Products Virtualization management software
Website turbonomic.com
Turbonomic Office

Turbonomic (previously VMTurbo) is a U.S.-based enterprise cloud and virtualization software company.[2] The company changed name to Turbonomic in March 2017.[3] The company headquarters are in Boston.[4] The company's product, called VMTurbo Operations Manager, was launched in 2010.[5] The product simulates supply and demand forces in order to efficiently allocate resources such as computing and storage.[6] VMTurbo holds five patents related to their supply and demand abstraction.[7] In 2011 Gartner named VMTurbo as a 'Cool Vendor, Cloud Management' category. [8] In 2016, VMTurbo was listed as the top product for Virtualisation Management in a report by IDG and IT Central Station.[9]

Since its founding in 2008,[10] VMTurbo had raised a total of $125M from venture capital firms including Bain Capital Ventures and Highland Capital Partners.[11]

In January 2017, Turbonomic announced that it closed a $50 million financing round led by former GE Chief Information Officer Gary Reiner.[12]

References[edit]

  1. ^ "VMTurbo's Tripling Revenues Are IBM's Loss". Forbes. 23 July 2013. Retrieved 3 August 2016. 
  2. ^ "Sources: VMware Sets Sights On Startup VMTurbo As Cloud Management Battle Heats Up". CRN. 
  3. ^ "Why VMturbo becomes Turbonomic? - ESX Virtualization". 18 August 2016. Retrieved 27 August 2016. 
  4. ^ Bernard, GIllis (February 11, 2014). "VMTurbo Will Move to Back Bay & Bulk Up Team in 2014". BostInno. Retrieved 7 March 2014. 
  5. ^ Morgan, Timothy Prickett (6 February 2012). "VMTurbo control freak spans more clouds". The Register. Retrieved 2016-08-07. 
  6. ^ "Company Overview of VMTurbo, Inc". Bloomberg L. P. Retrieved 2016-08-08. 
  7. ^ Morgan, Timothy Prickett (May 1, 2013). "VMTurbo trousers $7.5m to bring Adam Smith's hand to more clouds". The Register. 
  8. ^ Milind Govekar; Cameron Haight; Donna Scott (11 April 2011). "Cool Vendors in Cloud Management, 2011". Gartner. Retrieved 2014-03-01. 
  9. ^ Top Rated Enterprise Technology 2016 report
  10. ^ "VMTurbo's Tripling Revenues Are IBM's Loss". Forbes. 23 July 2013. Retrieved 3 August 2016. 
  11. ^ "VMTurbo #52 on Forbes America's Most Promising Companies". Forbes. 
  12. ^ "Former GE Exec Leads $50M Round for Turbonomic". BostInno. Retrieved 2017-01-28. 

Further reading[edit]

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