Website turbonomic.com | Founded 2009 Type of business Private | |
 | ||
Industry Virtualizationinformation technology Profiles | ||
Turbonomic (previously VMTurbo) is a U.S.-based enterprise cloud and virtualization software company. The company changed name to Turbonomic recently. The company headquarters are in Boston. The company's product, called VMTurbo Operations Manager, was launched in 2010. The product simulates supply and demand forces in order to efficiently allocate resources such as computing and storage. VMTurbo holds two patents related to their supply and demand abstraction. In 2011 Gartner named VMTurbo as a 'Cool Vendor, Cloud Management' category. In 2016, VMTurbo was listed as the top product for Virtualisation Management in a report by IDG and IT Central Station.
Since its founding in 2008, VMTurbo had raised a total of $125M from venture capital firms including Bain Capital Ventures and Highland Capital Partners.
In January 2017, Turbonomic announced that it closed a $50 million financing round led by former GE Chief Information Officer Gary Reiner.