Gary Reiner joins the board of the company, which provides performance optimization for cloud apps.

Mitch Wagner, Executive Editor, Light Reading

January 23, 2017

2 Min Read
Former GE CIO Bets $50M on Cloud Startup Turbonomic

Turbonomic, a startup that provides performance optimization for hybrid cloud deployments, announced a $50 million funding round on Monday, Jan. 23, as well as adding Gary Reiner, former GE CIO, to its board. The funding round was led by General Atlantic, where Reiner is now an operating partner.

Turbonomic provides technology to manage application performance and reduce costs in on-premises data centers, as well as public, private and hybrid clouds, for both legacy and cloud-native applications.

The General Atlantic investment values Turbonomic at more than $800 million, according to a report on Forbes.

Want to know more about the cloud? Visit Light Reading Enterprise Cloud.

Turbonomic, known as VMTurbo until late August, claims to manage 2.9 million workloads for more than 1,600 customers, and works with Amazon Web Services, Google, Microsoft and other cloud providers. It was named the 100th fastest-growing company in North America on Deloitte's 2016 Technology Fast 500.

Hybrid cloud, where workloads are split between an enterprise's own data center and a public cloud provider, makes sense for a vast majority of enterprises that maintain legacy IT infrastructure. It enables enterprises to gain the flexibility of cloud combined with the control and security of on-premises IT.

In the long run, all but a small minority of enterprises may move to public cloud. Amazon is betting that way. But that's still a long way off, and until then hybrid cloud is a prime area of competition for cloud providers. (See Hybrid Cloud Will Be a Battlefield & Other Cloud Predictions.)

Related posts:


— Mitch Wagner, Follow me on TwitterVisit my LinkedIn profile, Editor, Light Reading Enterprise Cloud

Make sure your company and services are listed free of charge at Virtuapedia, the comprehensive set of searchable databases covering the companies, products, industry organizations and people that are directly involved in defining and shaping the virtualization industry.

About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like