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 headquartered in Sterling, Virginia, that offers a platform designed to optimize cloud computing costs for enterprises. Since its inception in 2015, ParkMyCloud has developed a tool that connects to major cloud services like Amazon Web Services (AWS) and Azure, allowing users to automate the scheduling of on/off times for idle servers. This functionality enables businesses to identify and eliminate unnecessary cloud spending, resulting in significant cost savings. More than 1,000 enterprises, including notable names like Sysco and National Geographic, rely on ParkMyCloud to manage and optimize their cloud expenses. As a subsidiary of Turbonomic, ParkMyCloud continues to focus on providing solutions that enhance cloud governance and efficiency across multiple public cloud accounts.
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