Turbonomic
AcquiredTurbonomic is a developer tools company in Boston, United States, founded in 2008. It has raised $130.0M across 5 rounds, most recently a $70.0M Growth Equity in September 2019.
Assure performance. Optimize resources. Reduce cost.
- Headquarters
- Boston, Massachusetts
- Employees
- 1001–5000
- Founded
- 2008
- Business Model
- B2B
- Website
- turbonomic.com
- Total Funding
- $130.0M
- Last Round
- $70.0M Growth EquitySep 2019
- Rounds
- 5
- Acquisition Date
- Apr 2021
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 5 funding rounds and 3 investors for this company. The full record is or through the API.
About
Turbonomic is an Application Resource Management (ARM) platform that manages, automates, and continuously optimizes IT resources in real-time at the lowest possible cost across on-premises, private, and multi-cloud environments. Originally founded in 2008 as VMTurbo and rebranded to Turbonomic in 2016, the company developed software that simulates supply and demand forces to dynamically allocate compute, storage, memory, and network resources based on live application demand. Turbonomic's platform assures application performance by preventing resource contention, rebalancing workloads, and right-sizing resources without human intervention. The company also acquired ParkMyCloud and SevOne in 2019. Turbonomic raised over $250M in venture funding from investors including Bain Capital Ventures and Highland Capital Partners before being acquired by IBM in June 2021.
Summary
It lists 1001–5000 employees. It has raised $130.0M in total across 5 rounds, most recently a $70.0M Growth Equity round in Sep 2019. Investors include Bain Capital Ventures, General Atlantic and ICONIQ Capital.
Tech & App Stack
3 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding & Exit History
Apr 2021
Sign up to see all 6 events
Funding: Series A through Growth Equity. Amounts, valuations, and investors where available.
Investors
Similar Companies
Stripe provides payments, billing, money-management, fraud-prevention, and identity tools that he...
Baseten provides an inference platform that lets AI teams deploy, operate, and scale custom and o...
Nintex delivers agentic business orchestration tools that help organizations streamline workflows...
Sierra provides an enterprise conversational AI platform that lets businesses build trustworthy a...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/turbonomic"><img src="https://indexed.vc/api/badge/company/turbonomic" alt="Turbonomic on Indexed.vc" width="260" height="76" /></a>