Turbonomic Overview
- Year Founded
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2009
- Status
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Acquired/Merged
- Employees
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460
- Latest Deal Type
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M&A
- Latest Deal Amount
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$1.83B
Turbonomic General Information
Description
Developer of an AI-powered application resource management technology intended to optimize application performance, compliance and cost in real-time. The company's technology offers a hybrid cloud management platform that integrates with leading APM and IT service management alternatives to form a control plane to automate IT resource management and curates workload demand to dynamically control resource supply, maintaining a perpetual desired state of application health, on-premises and in multi-cloud environments, enabling organizations to get access to a software that permits them to self-manage in real-time, thereby assuring performance, lowering cost, and continuously ensuring compliance.
Contact Information
Website
www.turbonomic.comCorporate Office
- 500 Boylston Street
- 7th Floor
- Boston, MA 02116
- United States
Corporate Office
- 500 Boylston Street
- 7th Floor
- Boston, MA 02116
- United States
Turbonomic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 16-Jun-2021 | $1.83B | Completed | Generating Revenue | ||
| 8. Later Stage VC | 19-Sep-2019 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series E1) | 23-Jan-2017 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 01-May-2016 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 06-May-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 21-Jan-2015 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C1) | 01-May-2013 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 29-Nov-2011 | $10M | $17.4M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 23-Feb-2009 | $7.38M | $7.38M | Completed | Startup |
Turbonomic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E1 | ||||||||
| Series E2 | ||||||||
| Series D1 | ||||||||
| Series C1 | ||||||||
| Series B1 | 7,887,995 | $0.000100 | $1.29 | $1.29 | 1x | $0.65 | 8.19% | |
| Series A1 | 14,750,000 | $0.000100 | $0.5 | $0.5 | 1x | $0.25 | 15.32% |
Turbonomic Comparisons
Industry
Financing
Details
Turbonomic Competitors (48)
One of Turbonomic’s 48 competitors is Betty Blocks, a Private Equity-Backed company based in Alkmaar, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Betty Blocks | Private Equity-Backed | Alkmaar, Netherlands | ||||
| Docker | Private Equity-Backed | Palo Alto, CA | ||||
| ConnectWise | Private Equity-Backed | Tampa, FL | ||||
| Virtana | Venture Capital-Backed | Palo Alto, CA | ||||
| Everpure | Formerly VC-backed | Santa Clara, CA |
Turbonomic Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Turbonomic Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Turbonomic Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bain Capital Ventures | Venture Capital | Minority | ||
| Cisco Investments | Corporate Venture Capital | Minority | ||
| General Atlantic | Growth/Expansion | Minority | ||
| Global Forward Capital Management | Corporate Venture Capital | Minority | ||
| Globespan Capital Partners | Venture Capital | Minority |
Turbonomic Acquisitions (2)
Turbonomic’s most recent deal was a Merger/Acquisition with SevOne. The deal was made on 04-Nov-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| SevOne | 04-Nov-2019 | Merger/Acquisition | Business/Productivity Software | ||
| ParkMyCloud | 10-May-2019 | Merger/Acquisition | Business/Productivity Software |
Turbonomic FAQs
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When was Turbonomic founded?
Turbonomic was founded in 2009.
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Where is Turbonomic headquartered?
Turbonomic is headquartered in Boston, MA.
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What is the size of Turbonomic?
Turbonomic has 460 total employees.
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What industry is Turbonomic in?
Turbonomic’s primary industry is Business/Productivity Software.
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Is Turbonomic a private or public company?
Turbonomic is a Private company.
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What is the current valuation of Turbonomic?
The current valuation of Turbonomic is .
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What is Turbonomic’s current revenue?
The current revenue for Turbonomic is .
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How much funding has Turbonomic raised over time?
Turbonomic has raised $202M.
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Who are Turbonomic’s investors?
Bain Capital Ventures, Cisco Investments, General Atlantic, Global Forward Capital Management, and Globespan Capital Partners are 5 of 9 investors who have invested in Turbonomic.
-
Who are Turbonomic’s competitors?
Betty Blocks, Docker, ConnectWise, Virtana, and Everpure are some of the 48 competitors of Turbonomic.
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When was Turbonomic acquired?
Turbonomic was acquired on 16-Jun-2021.
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Who acquired Turbonomic?
Turbonomic was acquired by International Business Machines.
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