Turbonomic


Turbonomic is a U.S.-based enterprise software company. The company changed name to Turbonomic in August 2017. The company headquarters are in Boston. The company's product was launched in 2010 and updated in 2017 for use with cloud computing platforms. The product simulates supply and demand forces in order to efficiently allocate resources such as computing, database, memory and storage. Turbonomic holds 12 patents related to its supply and demand abstraction. In 2011 Gartner named Turbonomic as a 'Cool Vendor, Cloud Management' category. In 2016, Turbonomic was listed as the top product for Virtualisation Management in a report by IDG and IT Central Station. In 2018, Forrester ranked Turbonomic as a leader in cloud cost monitoring and optimization.
Since its founding in 2009, Turbonomic had raised more than $150M 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.