Why Gary Reiner, Former GE CIO, Just Led A $50M Bet On Turbonomic
Forbes covers Turbonomic’s $50 million funding round and the addition of Gary Reiner, former CIO of GE, to the company’s Board of Directors.
“Turbonomic announced on Monday that it had raised $50 million in financing from General Atlantic, with operating partner Gary Reiner joining the board. The investment values Turbonomic at more than $800 million, according to a source with knowledge of the deal.
For Turbonomic, which offers a solution to help manage applications in a hybrid cloud environment, bringing Reiner onto its board represents something of a coup. The former chief information officer of GE’s other board seats include Citigroup, Hewlett Packard Enterprise, Box and AppDynamics, expected to go public later this week.“
Read the entire article here, Why Gary Reiner, Former GE CIO, Just Led A $50M Bet On Turbonomic
via the fine folks at Turbonomic!