Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Cloud automation startup VMTurbo has raised a second round of funding worth $10 million, which will be used to expand sales and marketing, product development and customer support.
VMTurbo provides virtualization management solutions that combine real-time operations performance data with customized analytics. Companies that want to move their workloads to the cloud can seek out VMTurbo’s automation software, which comes in three flavors — Community Edition (free), Enterprise Operations Manager ($399/socket) or Cloud Operations Manager ($799/socket).
The new funding round was provided by Bain Capital Ventures and Highland Capital Partners, both of which are previous investors. VMTurbo’s total funding now sits at $17.5 million, including the new investment.
“Customers are finding that VMTurbo’s unique solution is the only holistic means of managing all resources in virtualized environments,” said Ben Nye, Managing Director at Bain Capital, in a statement. “These businesses depend on their applications, and their applications depend on VMTurbo.”
Waltham, Mass.-based VMTurbo was founded in 2009. The firm’s customers include NASA, Akamai, LexisNexus, L3 Communications, Orange, Omnicare and 6Fusion.
CloudBeat 2011 takes place Nov 30 – Dec 1 at the Hotel Sofitel in Redwood City, CA. Unlike any other cloud events, we’ll be focusing on 12 case studies where we’ll dissect the most disruptive instances of enterprise adoption of the cloud. Speakers include: Aaron Levie, Co-Founder & CEO of Box.net; Amit Singh VP of Enterprise at Google; Adrian Cockcroft, Director of Cloud Architecture at Netflix; Byron Sebastian, Senior VP of Platforms at Salesforce; Lew Tucker, VP & CTO of Cloud Computing at Cisco, and many more. Join 500 executives for two days packed with actionable lessons and networking opportunities as we define the key processes and architectures that companies must put in place in order to survive and prosper. Register here. Spaces are very limited!
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results