Turbonomic, a Boston, MA-based provider of workload automation software for hybrid cloud, secured an undisclosed amount of funding.
Trend Forward Capital, the venture capital arm of Trend Micro (TYO: 4704; TSE: 4704), made the investment.
The company intends to use the funds to accelerate go-to-market (GTM) inititatives in Asia, leveraging the global relationships of Trend Micro.
Turbonomic provides workload automation software for hybrid cloud which continuously assures that all workloads get precisely the resources needed to ensure performance and lower cost while maintaining policy compliance. The company is backed by venture firms including Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.