Turbonomic

Turbonomic is a Boston-based software provider specializing in Application Resource Management (ARM) and Network Performance Management (NPM). The company offers AI-powered technology designed to optimize application performance, compliance, and cost in real time. Its hybrid cloud management platform integrates with leading application performance management and IT service management solutions, creating a unified control plane for automating IT resource management. By dynamically adjusting resource supply based on workload demand, Turbonomic enables organizations to maintain optimal application health across on-premises and multi-cloud environments. This capability allows businesses to self-manage their IT resources in real time, ensuring performance while reducing costs.

Mo Garad

Executive Vice President, Customer Success and Services

Jack Sweeney

COO and Board Member

2 past transactions

SevOne

Acquisition in 2019
SevOne, Inc. is a provider of infrastructure performance monitoring and analytics solutions, catering to a global clientele that includes communications service providers, financial services, and large enterprises. Founded in 2003 and headquartered in Boston, Massachusetts, with additional offices in Newark, Delaware, and London, the company focuses on delivering real-time insights through its SevOne Data Platform, which collects and analyzes multi-vendor network performance metrics. Its offerings include customizable visualization tools, network streaming telemetry, and solutions for software-defined networking and SD-WAN monitoring. The patented SevOne Cluster architecture enables rapid monitoring across diverse devices, ensuring that organizations can prevent performance-impacting outages. SevOne's technology is designed to support complex, dynamic infrastructures, helping clients navigate the challenges of next-generation networking. As of late 2019, SevOne operates as a subsidiary of Turbonomic, Inc.

ParkMyCloud

Acquisition in 2019
ParkMyCloud, Inc. is a software-as-a-service (SaaS) company based in Sterling, Virginia, that focuses on optimizing cloud computing costs for enterprises. Established in 2015, it offers a platform that connects to Amazon Web Services (AWS) and Microsoft Azure, allowing users to automatically schedule the on/off times of their idle servers. This functionality helps organizations identify and eliminate unnecessary cloud spending, potentially saving them millions of dollars annually. ParkMyCloud serves over 1,000 enterprises globally, including notable clients like Sysco and National Geographic. The company operates as a subsidiary of Turbonomic, Inc., and collaborates with various partners to enhance its service offerings.
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