Turbonomic

Turbonomic (previously VMTurbo) is a U.S.-based enterprise software company.[3] The company changed name to Turbonomic in August 2017.[4] The company headquarters are in Boston.[5] The company's product was launched in 2010 and updated in 2017 for use with cloud computing platforms.[6] The product simulates supply and demand forces in order to efficiently allocate resources such as computing, database, memory and storage.[7] Turbonomic holds 12 patents related to its supply and demand abstraction.[8] In 2011 Gartner named Turbonomic as a 'Cool Vendor, Cloud Management' category.[9] In 2016, Turbonomic was listed as the top product for Virtualisation Management in a report by IDG and IT Central Station.[10] In 2018, Forrester ranked Turbonomic as a leader in cloud cost monitoring and optimization.[11]

Turbonomic
Private
IndustryVirtualization
information technology
Founded2008[1]
Headquarters
Boston, Massachusetts
,
United States
ProductsVirtualization management software
Number of employees
553 [2]
Websiteturbonomic.com
Turbonomic Office

Since its founding in 2009,[12] Turbonomic had raised more than $150M from venture capital firms including Bain Capital Ventures and Highland Capital Partners.[13]

In January 2017, Turbonomic announced that it closed a $50 million financing round led by former GE Chief Information Officer Gary Reiner.[14]

References
  1. "VMTurbo's Tripling Revenues Are IBM's Loss". Forbes. 23 July 2013. Retrieved 3 August 2016.
  2. https://growjo.com/company/Turbonomic
  3. "Sources: VMware Sets Sights On Startup VMTurbo As Cloud Management Battle Heats Up". CRN.
  4. "Why VMturbo becomes Turbonomic? - ESX Virtualization". 18 August 2016. Retrieved 27 August 2016.
  5. Bernard, GIllis (February 11, 2014). "VMTurbo Will Move to Back Bay & Bulk Up Team in 2014". BostInno. Retrieved 7 March 2014.
  6. "Startup's New Software Tells Your Tech Where to Go". June 6, 2017. Retrieved March 28, 2019.
  7. "Company Overview of VMTurbo, Inc". Bloomberg L. P. Retrieved 2016-08-08.
  8. Morgan, Timothy Prickett (May 1, 2013). "VMTurbo trousers $7.5m to bring Adam Smith's hand to more clouds". The Register.
  9. Milind Govekar; Cameron Haight; Donna Scott (11 April 2011). "Cool Vendors in Cloud Management, 2011". Gartner. Retrieved 2014-03-01.
  10. Top Rated Enterprise Technology 2016 report
  11. "The Forrester Wave: Cloud Cost Monitoring and Optimization, Q2 2018". May 30, 2018. Retrieved May 10, 2019.
  12. "Boston Startup Has Raised $150 Million To Date To Supercharge Apps Running In The Cloud". Forbes. February 21, 2019. Retrieved March 29, 2019.
  13. "VMTurbo #52 on Forbes America's Most Promising Companies". Forbes.
  14. "Former GE Exec Leads $50M Round for Turbonomic". BostInno. Retrieved 2017-01-28.

Further reading
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.