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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!

Turbonomic Turbonomic’s Autonomic Platform enables heterogeneous environments to self-manage to assure the performance of any application in any cloud. Turbonomic’s patented decision engine dynamically analyzes application demand and allocates shared resources in real time to maintain a continuous state of application health. Launched in 2010, Turbonomic is one of the fastest growing technology companies in the virtualization and cloud space. Turbonomic’s Autonomic Platform is trusted by thousands of enterprises to accelerate their adoption of virtual, cloud, and container deployments for all mission critical applications.

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