When was Turbonomic founded?

Turbonomic was founded in 2009 and raised its 1st funding round within a year of its incorporation.

Where is Turbonomic located?

Turbonomic is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

How many employees does Turbonomic have?

As of May 31, 2026, the latest employee count at Turbonomic is 178.

Is Turbonomic a funded company?

Turbonomic is a funded company, having raised a total of $118M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 12, 2009.

How much is Turbonomic worth?

The last known valuation of Turbonomic was $***** as of Apr 29, 2021.

When was the latest funding round of Turbonomic?

Turbonomic's latest funding was a $***** Series E round on Feb 07, 2019, with participation from 6 investors.

Where does Turbonomic rank among its competitors?

Turbonomic ranks 1st amongst 8 active competitors, none of which are funded.

Who are the top competitors of Turbonomic?

Turbonomic's top competitors include Stonebranch, Stanza and iTS. Among them, Stonebranch secured the most recent funding round in April, 2024.

Turbonomic - 2026 Company Profile, Team, Funding & Competitors

Q: Is Turbonomic an acquired company?

Turbonomic got acquired by IBM on Apr 29, 2021.

Company Details

Turbonomic provides a workload management solution for cloud and virtualized environments. The product uses an economic scheduling engine to adjust resource allocation to meet business goals. It provides software through which customers ensure that applications get the resources they need to operate while utilizing the infrastructure and human resources in the most efficient way. It has customers ranging from health, enterprises, and universities. The clients of the company are PNC, Expedia, CISCO, EY, etc.

Website: turbonomic.com
Social
Email ID: *****@turbonomic.com
Phone Number: +1 **********
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2009

Location

Boston, United States

Stage

Acquired

Total Funding

$118M in 7 rounds

Latest Funding Round

Series E, Feb 07, 2019, $*****

Last Known Valuation

$***** as on Apr 29, 2021

Investors

Red Hat & 8 more

Ranked

1^st among 8 active competitors

Employee Count

178 as on May 31, 2026

Investment & Acquisitions

SevOne & 1 more

Similar Companies

Stonebranch & 9 more

Exit Details

Acquired by IBM (Apr 29, 2021)

View Turbonomic's full profile

Turbonomic is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TURBONOMIC (UK) LIMITED CIN: 7304156 , Germany, Active	Jul 04, 2010	-	25 (As on Dec 31, 2022)
VMTURBO INC CIN: 264175674 , United States, Active	Dec 31, 1999	-	465 (As on Dec 31, 2020)	-

Turbonomic got acquired by IBM on Apr 29, 2021 at an acquisition amount of $*****.

Click here to take a look at Turbonomic's acquisition in detail

Turbonomic has raised a total funding of $118M over 7 rounds. Its first funding round was on Mar 12, 2009. Its latest funding round was a Series E round on Feb 07, 2019 for $*****. 6 investors participated in its latest round. Turbonomic has 9 institutional investors.

Here is the list of recent funding rounds of Turbonomic:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 07, 2019	9433143	Series E	2541730	8135398	4117192	9896893
Jan 23, 2017	9908625	Series E	8440664	2606669	9227606	Bain Capital Ventures & 3 more
May 06, 2015	3439172	Series D	1253269	6780719	Red Hat	1134102

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View details of Turbonomic's funding rounds and investors

The founders of Turbonomic are Shmuel Kliger and Shai Benjamin.

Here are the details of Turbonomic's key team members:

Shmuel Kliger: Former Co-Founder of Turbonomic.
Contact Info: 1 email address
Shai Benjamin: Co-Founder of Turbonomic.
Contact Info: 1 email address
Ben Nye: CEO of Turbonomic.
Contact Info: 3 email addresses

View details of Turbonomic's Founder profiles and Board Members

Turbonomic's employee count trend

Turbonomic has 178 employees as of May 26. Here is Turbonomic's employee count trend over the years:

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Top competitors of Turbonomic include Stonebranch, Stanza and iTS. Here is the list of Top 10 competitors of Turbonomic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Turbonomic 2009, Boston (United States), Acquired	Provider of workload management solution for cloud and virtualized environments	$118M	Venture Guides, Red Hat & 7 others	59/100
2nd	Stonebranch 1999, Alpharetta (United States), Late Stage	Hybrid IT automation solutions for modern enterprises, cloud, and DevOps	-	Elvaston Capital Management, EMH Partners	49/100
3rd	Stanza 2022, Burlingame (United States), Funding Raised	Platform offering solutions for workload automation	-	Primary Venture Partner	33/100
4th	iTS 1988, Harrow (United Kingdom), Unfunded	Web based platform offering workload automation solutions	-	-	29/100
5th	Kompira 2012, Shibuya (Japan), Unfunded	Cloud based workload automation solutions	-	-	24/100
6th	Tidal 2002, Chicago (United States), Acqui-Hired	Workload automation platform	-	-	22/100
7th	Solecular 2017, Sunnyvale (United States), Deadpooled	AI-based workload orchestration solution	-	-	16/100
8th	Keyline 2015, United Kingdom, Unfunded	Cloud based IT automation solution provider	-	-	16/100
9th	Accusys 2001, Buenos Aires (Argentina), Unfunded	Developer of software for workload automation and core banking systems	-	-	16/100
10th	SiteFORGE 2014, Herndon (United States), Deadpooled	Automation intelligence and workflow orchestration software	-	-	15/100