Turbonomic

Turbonomic
Private
Industry Virtualization
information technology
Founded 2009
Headquarters Boston, Massachusetts, United States
Products Virtualization management software
Website turbonomic.com

Turbonomic (previously VMTurbo) is a U.S.-based enterprise cloud and virtualization software company.[1] The company changed name to Turbonomic recently.[2] The company headquarters are in Boston.[3] The company's product, called VMTurbo Operations Manager, was launched in 2010.[4] The product simulates supply and demand forces in order to efficiently allocate resources such as computing and storage.[5] VMTurbo holds five patents related to their supply and demand abstraction.[6] In 2011 Gartner named VMTurbo as a 'Cool Vendor, Cloud Management' category. [7] In 2016, VMTurbo was listed as the top product for Virtualisation Management in a report by IDG and IT Central Station.[8]

Since its founding in 2008,[9] VMTurbo had raised a total of $125M from venture capital firms including Bain Capital Ventures and Highland Capital Partners.[10]

In January 2017, Turbonomic announced that it closed a $50 million financing round led by former GE Chief Information Officer Gary Reiner.[11]

Resources

  1. ↑ "Sources: VMware Sets Sights On Startup VMTurbo As Cloud Management Battle Heats Up". CRN.
  2. ↑ "Why VMturbo becomes Turbonomic? - ESX Virtualization". 18 August 2016. Retrieved 27 August 2016.
  3. ↑ Bernard, GIllis (February 11, 2014). "VMTurbo Will Move to Back Bay & Bulk Up Team in 2014". BostInno. Retrieved 7 March 2014.
  4. ↑ Morgan, Timothy Prickett (6 February 2012). "VMTurbo control freak spans more clouds". The Register. Retrieved 2016-08-07. ...using what it calls an economic scheduling engine that works just like the real world: when a resource is in contention, a host machine makes it more expensive and an application trying to consume that resource has to look in its virtual wallet and see if it has enough money to pay for that resource.
  5. ↑ "Company Overview of VMTurbo, Inc.". Bloomberg L. P. Retrieved 2016-08-08. VMTurbo, Inc. develops an application performance control platform that analyzes application demand and automatically allocates shared resources.
  6. ↑ Morgan, Timothy Prickett (May 1, 2013). "VMTurbo trousers $7.5m to bring Adam Smith's hand to more clouds". The Register.
  7. ↑ Milind Govekar; Cameron Haight; Donna Scott (11 April 2011). "Cool Vendors in Cloud Management, 2011". Gartner. Retrieved 2014-03-01.
  8. ↑ Top Rated Enterprise Technology 2016 report
  9. ↑ "VMTurbo's Tripling Revenues Are IBM's Loss". Forbes. 23 July 2013. Retrieved 3 August 2016.
  10. ↑ "VMTurbo #52 on Forbes America's Most Promising Companies". Forbes.
  11. ↑ "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.