VMTurbo Boosted with Series C Funding
May 2, 2013- Share:
VMTurbo, a provider of software-defined control for cloud and virtualized environments, has raised an estimated $7.5 million in Series C funding led by Globespan Capital, with participation from existing investors Bain Capital Ventures and Highland Capital Partners. Based in Burlington, MA, VMTurbo’s solutions adjust configuration, resource allocation and workload placement to help companies meet service levels and business goals. The new funding will help the company accelerate ongoing product innovation, as well as sales and marketing efforts. VMTurbo has now raised about $25 million in venture funding to date.
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