Turbonomic

Turbonomic

Company type	Subsidiary
Industry	Software
Founded	2008
Headquarters	Boston, Massachusetts , United States
Products	Software for resource simulation, virtualization management, cloud computing management
Owner	IBM
Parent	IBM

Turbonomic is a software firm specializing in resource simulation, headquartered in Boston, Massachusetts, and currently owned by IBM. Initially operating under the name VMTurbo, the company focuses on software solutions for virtualization management.

History

Established in 2008, Turbonomic has developed key alliances with companies like Cisco and IBM, securing OEM agreements to broaden its presence in Application Resource Management. The firm successfully raised upwards of $250 million from investors such as Bain Capital Ventures and Highland Capital Partners.

In 2017, the company rebranded from VMTurbo to Turbonomic while enhancing its product line to accommodate cloud computing platforms. Two years later, in 2019, it expanded its offerings by acquiring cloud management companies ParkMyCloud and SevOne.

On June 17, 2021, IBM completed the acquisition of Turbonomic, incorporating its AIOps technology into IBM’s hybrid cloud solutions. Turbonomic’s software employs simulations of supply and demand dynamics to optimize the distribution of computing power, databases, memory, and storage resources.

Further reading

• Borchers, Callum. "VMTurbo names Bain Capital Ventures partner Benjamin Nye new CEO." The Boston Globe, September 25, 2013.
• Borchers, Callum. "uTest leads 7 Massachusetts businesses on Forbes list of most promising companies." The Boston Globe, January 22, 2014.
• Morgan, Timothy Prickett. "VMTurbo 'invisible hand' control freak grabs more virty servers." The Register, February 18, 2013.
• Cohan, Peter. "Growing At 100% VMTurbo Takes Share And Talent From IBM." Forbes, January 29, 2014.
• Burke, Steve. "2014 Data Center 100: 20 Virtualization Providers." CRN, February 12, 2014.
• CRN Staff. "Emerging Vendors 2013: Virtualization Vendors." CRN, August 13, 2013.

External links

• "VMTurbo: Number 344 on the 2015 Inc. 5000." Inc.com.
• Boslet, Mark. "VMTurbo Raises Series C In Deal Led By Globespan – PE HUB," May 1, 2013.
• "Products of the Year 2011: Virtualization management." TechTarget – SearchServerVirtualization.
• "The Intelligent Edge. Cloud Management – A new service-centric paradigm in enterprise IT management." Hermes Advisors, 2013.
• O'Brien, Ellen; Wilson, Sarah. "VMTurbo Inc. VMTurbo Operations Manager 4.1 and Storage Extension," February 14, 2014.