Application Resource Management Leader Recognized for Market Leadership, Estimated Valuation, Operating Metrics, and People and Culture
BOSTON–(BUSINESS WIRE)–#applications–For the fourth consecutive year, Turbonomic has been named to the Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.
“I want to thank our customers and partners for their support and employees for their dedication, which have collectively helped us achieve this recognition for a fourth time,” said Benjamin Nye, CEO, Turbonomic. “Our mission of assuring application performance across public and private clouds through an agentless data model, that installs in minutes, is unique. Application Resource Management provides customers with the analytics, visibility, and answers to prevent slow application response time by eliminating IT resource congestion.”
For example, one of the world’s leading hotel brands relies on Turbonomic to optimize its AWS environment and ensure optimal application performance for its guest reward programs. In the process of migrating to and optimizing the public cloud, a new set of challenges arose that shifted the focus from cost management to elasticity. Turbonomic, integrated with AppDynamics, delivers an intuitive and efficient way to manage all of the hotel’s performance and capacity concerns, delivering an end-to-end view across applications, and down the full stack of resources that support them.
“For four years now, we have ranked the best and brightest emerging companies in the cloud sector,” said Alex Konrad, Forbes editor of The Cloud 100. “With so many businesses growing fast in the cloud, from cybersecurity and marketing to data analytics and storage, it’s harder than ever to make the Cloud 100 list – but with more elite company if you do. Congratulations to each of the 2019 Cloud 100 honorees and the 20 Rising Stars honorees poised to join their ranks!”
Turbonomic AI-powered Application Resource Management is trusted by the world’s largest companies running the most complex and dynamic applications, including more than 25 percent of the Fortune 500. Turbonomic serves these customers through a rapidly expanding partner ecosystem, notably with the leading cloud platform providers and a new MSP Program:
- AWS has awarded the company three AWS Competencies over the last year (AWS Microsoft Workloads, Cloud Management Tools and AWS Migration Competency), and included the company in its AWS Consulting Partner Private Offers program. Turbonomic also earned access to the exclusive AWS ISV Accelerate Program.
- Microsoft recently named Turbonomic an inaugural launch partner in the new Azure Migrate Program Experience due to its demonstrated success in accelerating customer migrations to Azure, and recognized Turbonomic as a Microsoft Priority IP Co-Sell Partner through the Microsoft One Commercial Partner Program.
- Turbonomic also continues building out its partner ecosystem offerings, and recently named New Signature as its inaugural Cloud MSP Partner.
With the addition of ParkMyCloud to the Turbonomic portfolio (acquired in May 2019), Turbonomic welcomed over 1,000 cloud customers and extended its reach in cloud optimization.
Appearing on the Forbes 2019 Cloud 100 is the latest industry recognition of Turbonomic’s market leadership. The company was recently recognized on the Inc 5000, the Deloitte Fast 500, and Inc’s list of Best Workplaces for 2019.
- Read about the value Turbonomic delivers to Azure environments, here
- Read more about the value Turbonomic delivers to AWS environments here
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Turbonomic Application Resource Management (ARM) continuously assures that applications get precisely the resources needed to ensure performance and lower cost while maintaining policy compliance. Privately held, Boston-based Turbonomic is one of the fastest-growing software companies, backed by leading venture firms including Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital. To learn more, visit turbonomic.com.
Bessemer Venture Partners
Bessemer Venture Partners is the world’s most experienced early-stage venture capital firm. With a portfolio of more than 200 companies, Bessemer helps visionary entrepreneurs lay strong foundations to create companies that matter, and supports them through every stage of their growth. The firm has backed more than 120 IPOs, including Pinterest, Shopify, Yelp, LinkedIn, Skype, LifeLock, Twilio, SendGrid, PagerDuty, DocuSign, Wix, and MindBody. Bessemer’s 15 partners operate from offices in Silicon Valley, San Francisco, New York City, Boston, Israel, and India. For more information, please visit www.bvp.com.
The defining voice of entrepreneurial capitalism, Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most-influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 120 million people worldwide through its trusted journalism, signature LIVE events, custom marketing programs and 40 licensed local editions in 70 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements. For more information, visit: https://www.forbes.com/forbes-media/.
Salesforce is the fastest growing top five enterprise software company and the #1 CRM provider globally. Salesforce Ventures—the company’s corporate investment group—invests in the next generation of enterprise technology that extends the power of the Salesforce Customer Success Platform, helping companies connect with their customers in entirely new ways. Portfolio companies receive funding as well as access to the world’s largest cloud ecosystem and the guidance of Salesforce’s innovators and executives. With Salesforce Ventures, portfolio companies can also leverage Salesforce’s expertise in corporate philanthropy by joining Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 300 enterprise cloud startups in 20 different countries since 2009. For more information, please visit www.salesforce.com/ventures.
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