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Red Hat Makes Strategic Investment in VMTurbo - Collaboration Focused on Accelerating Enterprise Adoption of OpenStack - VMTurbo.com
Red Hat Makes Strategic Investment in VMTurbo

 

PRZOOM - /newswire/ - Boston, MA, United States, 2015/05/06 - Collaboration Focused on Accelerating Enterprise Adoption of OpenStack - VMTurbo.com.

   
 
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VMTurbo, the only demand-driven control platform for the software-defined data center, today announced that Red Hat, Inc., the world’s leading provider of open source solutions, has made a strategic investment in the company. VMTurbo plans to use the funds to further develop its industry-leading control platform, accelerate adoption of demand-driven control in OpenStack deployments, and increase support to VMTurbo’s rapidly growing customer base. The funding agreement expands the ongoing collaboration between Red Hat and VMTurbo.

“We are pleased to welcome Red Hat, the open-source leader, as a strategic investor in VMTurbo,” said Charles Crouchman, CTO of VMTurbo. “Customers’ interest in OpenStack is rapidly increasing as a more flexible and affordable alternative to other cloud computing platforms. Our demand-driven control platform, tightly integrated with Red Hat CloudForms and the Red Hat Cloud Infrastructure, makes OpenStack deployments more resilient, performant and agile.”

VMTurbo and Red Hat began collaborating in 2012, at the same time that VMTurbo joined the OpenStack Foundation. Since then, the two industry leaders have worked closely on contributions to core OpenStack projects such as OpenStack Telemetry (Ceilometer), OpenStack Compute (Nova), as well as ManageIQ and the Java SDK. Tight integration with Red Hat CloudForms, an enterprise management solution that enables open, hybrid clouds by providing consistent control, orchestration and visibility across virtual infrastructure and public cloud platforms, will position VMTurbo as a demand-driven control solution for OpenStack deployments.

“Red Hat’s investment in VMTurbo will help accelerate the adoption of OpenStack in enterprises seeking greater visibility and control of available resources in IaaS clouds,” said Joe Fitzgerald, Vice President and General Manager of Cloud Management at Red Hat. “Many companies across industries are making open source technologies part of their business strategies. VMTurbo’s contribution to the OpenStack community and the integration of demand-driven control with CloudForms enables these enterprises to enhance the performance of their OpenStack environments while maximizing their efficiency.”

Red Hat is a trademark of Red Hat, Inc., registered in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. The OpenStack mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation’s permission. We are not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

About VMTurbo
VMTurbo’s Demand-Driven Control platform (vmturbo.com) enables customers to manage cloud and enterprise virtualization environments including OpenStack to assure application performance while maximizing resource utilization. VMTurbo’s patented decision-engine technology dynamically analyzes demand from applications, containers, network and VDI and adjusts configuration, resource allocation and workload placement to meet service levels and business goals. With this unique understanding into the dynamic interaction of demand and supply, VMTurbo is the only technology capable of closing the loop in IT operations by automating the decision-making process to maintain an environment in a healthy state.

The VMTurbo platform first launched in August 2010 and now has more than 30,000 users, including many of the world’s leading money center banks, financial institutions, social and e-commerce sites, carriers and service providers. Using VMTurbo, our customers, including JP Morgan Chase, Salesforce.com and Thomson Reuters, ensure that applications get the resources they need to operate reliably, while utilizing their most valuable infrastructure and human resources most efficiently.

Media Contact: Catherine Kellogg
P: 781-418-5280 - E: Catherine.Kellogg[.]vmturbo.com.

 
 
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Red Hat Makes Strategic Investment in VMTurbo

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Contact: Eric Senunas - VMTurbo.com 
617-669-3676 eric.senunas[.]vmturbo.com
 
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