Turbonomic Grabs New Funding

As a catalyst for organizations innovating to unlock a smart connected world, under the terms of the agreement Trend Forward Capital is now a Turbonomic investor and will help accelerate Turbonomic's go-to-market (GTM) particularly in Asia, leveraging the global relationships of Trend Micro, a Turbonomic customer. Together, the companies will accelerate the adoption of workloads that self-manage, anywhere, in real-time (SMART™), to help customers modernize IT and accelerate digital transformation.

"Turbonomic's workload automation software is a proven and trusted platform technology, used by the majority of the world's money center banks as well as thousands of additional customers globally to optimize their workloads in hybrid and multi-cloud environments," said Partha Panda, Partner at Trend Forward Capital. "We invested in Turbonomic because we believe that workloads must be self-managing to run anywhere in the future. Today's connected world is increasingly connected with devices only getting smarter and require processing in the core and at the edge."

"The Trend Micro and Turbonomic partnership is testament to the power of our AI-powered platform in ensuring that 'SMART' workloads are always performant and compliant and that customers only pay for what is needed – whether on-premises or in the cloud," said Benjamin Nye, CEO at Turbonomic. "As we continue scaling globally, most recently with a new Center of Cloud Excellence in Israel and development center in Greece, we look forward to working with Trend Micro and Trend Forward Capital to accelerate our Asia Pacific growth."

About Trend Forward Capital
Trend Forward Capital is a venture capital firm obsessed with scaling innovative technology with a purpose. With a flexible approach providing funding, business expertise, and access to a global network of resources Trend Forward Capital fills the gaps for start-ups, amplifying their business and making sure their success is sustainable. Visit www.TrendForward.com for more info.

About Turbonomic
Turbonomic workload automation for hybrid cloud continuously assures that all workloads 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 about Turbonomic, visit turbonomic.com.