Turbonomic

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

  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

  • Borchers, Callum (September 25, 2013). "VMTurbo names Bain Capital Ventures partner Benjamin Nye new CEO". The Boston Globe. Retrieved 2014-03-04.
  • Borchers, Callum (January 22, 2014). "uTest leads 7 Massachusetts businesses on Forbes list of most promising companies". The Boston Globe. Retrieved 2014-03-07.
  • Morgan, Timothy Prickett (February 18, 2013). "VMTurbo 'invisible hand' control freak grabs more virty servers". The Register. Retrieved 2016-08-07.
  • Peter Cohan (29 January 2014). "Growing At 100% VMTurbo Takes Share And Talent From IBM". Forbes. Retrieved 2016-08-03.
  • Burke, Steve. "2014 Data Center 100: 20 Virtualization Providers". CRN. Retrieved 2014-03-07.
  • CRN Staff (August 13, 2013). "Emerging Vendors 2013: Virtualization Vendors". CRN. Retrieved 2016-08-07.
  • "VMTurbo: Number 344 on the 2015 Inc. 5000". Inc.com. Retrieved 2016-08-02.
  • Boslet, Mark (2013-05-01). "VMTurbo Raises Series C In Deal Led By Globespan – PE HUB". The PE Hub Network. Retrieved 2016-08-02.
  • "Products of the Year 2011: Virtualization management". TechTarget – SearchServerVirtualization. Retrieved 2014-03-03.
  • "The Intelligent Edge. Cloud Management – A new service-centric paradigm in enterprise IT management" (PDF). Hermes Advisors. 2013. Retrieved 2016-08-08.
  • O'Brien, Ellen; Wilson, Sarah (February 14, 2014). "VMTurbo Inc. VMTurbo Operations Manager 4.1 and Storage Extension". TechTarget -- SearchVirtualStorage. Retrieved 2014-03-07.
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