Turbonomic
Latest round
- Series E
Last raised
- Feb 2019
Total raised
- $118M
Investors
- 6
About Turbonomic
Founded in 2008 in Boston, US, Turbonomic delivers innovative resource management solutions.5 billion, enhancing IBM's AIOps capabilities.Turbonomic specializes in Application Resource Management (ARM) solutions designed to optimize application performance and resource allocation across hybrid multicloud environments. The core product offering dynamically allocates resources in real-time, enabling organizations to enhance efficiency, reduce cloud expenses, and minimize downtime. Key functionalities include intelligent automation, preemptive analytics for resource utilization, and comprehensive resource visualization from applications to containers. The solution is tailored for industries ranging from government to agriculture, serving a diverse client base that requires robust resource management to address fluctuating demand and optimize infrastructure.Revenue for Turbonomic is generated primarily through subscription-based models, where clients subscribe to the ARM solution to facilitate ongoing resource optimization and management. Transactions typically involve enterprises entering into agreements for access to the platform, which is coupled with tailored support and consulting services. Clients, including those in sectors like government and technology, engage in annual subscription contracts that provide access to dynamic resource allocation features, analytics, and automation tools designed to enhance operational efficiency.Following the acquisition by IBM in June 2021, Turbonomic will leverage its resources to develop new products focused on enhancing AIOps capabilities for hybrid cloud environments. The integration with IBM aims to provide comprehensive solutions that address emerging demands in resource management.
Who invested in Turbonomic
6 investors across 5 rounds
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Questions about Turbonomic
Who invested in Turbonomic?
Turbonomic has 6 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Turbonomic raised?
Turbonomic has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Turbonomic last raise money?
Turbonomic's most recent round on record is a Series E, in Feb 2019.
What does Turbonomic do?
Founded in 2008 in Boston, US, Turbonomic delivers innovative resource management solutions.
Where is Turbonomic headquartered?
Turbonomic is headquartered in Boston, US.
Which VCs invest in companies like Turbonomic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Turbonomic's stage. Their profiles are linked below.
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