VMTurbo appoints new leaders

VMTurbo said Wednesday that it has named Benjamin Nye as CEO and Dr. Shmuel Kliger as president. Nye is a co-managing partner of Bain Capital Ventures while Dr. Kliger is founder of VMTurbo. Headquartered in Massachusetts, VMTurbo is a provider of virtualization management solutions for businesses. It is backed by Bain Capital Ventures, Highland Capital Partners and Globespan Partners.

PRESS RELEASE

BOSTON–(BUSINESS WIRE)–VMTurbo, provider of the only software-defined control system for businesses running mission-critical applications on virtualized and cloud infrastructures, today announced that its Board of Directors appointed Benjamin Nye as CEO and Dr. Shmuel Kliger as president. This leadership team will accelerate the Company’s mission of providing top down software-defined control for application workloads in all virtualized data centers and hybrid clouds.
“Virtualization created the opportunity for profound new management capabilities that materially improve customers’ data center efficiency and agility,” said Nye. “VMTurbo delivers on those promised efficiencies, without the risk of resource contention and application downtime. Most of our nearly 500 customers achieve an ROI of less than a few months through VMTurbo’s real-time prescribed actions and fully automated management of their data centers.”
Nye and Kliger have been collaborating on the VMTurbo approach for the past several years. As CEO of VMTurbo, Nye leverages his strong track record of shepherding high-potential technology companies’ growth, including Network Intelligence, Archer Technologies, Solarwinds (NYSE: SWI), LinkedIn (NYSE: LNKD), dynaTrace and AppAssure among many others. Nye will be strongly supported by Kliger, who will direct the technology teams encompassing development, product strategy and management, customer success and customer support.
“My co-founders and I designed the VMTurbo solution to provide our customers with active control – not just monitoring,” said Kliger. “By providing active recommendations that are derived from analyzing application workloads and resource configuration in real-time, our solution averts resource contention, enables optimized workload placement – including public cloud bursting – and resource allocation while improving the efficiency of our customers’ virtual estates.”
“VMTurbo is an incredibly strategic company,” said VMTurbo Chairman Jack Sweeney. “Together, Ben, Shmuel and their team of more than 120 highly-engaged employees will deliver on the Company’s mission of enabling IT organizations to fully leverage virtual and cloud infrastructures, while achieving the lowest possible cost and the best possible quality of service delivery.”
Highland Capital Partners, Globespan Partners and Bain Capital Ventures are the investors behind VMTurbo. Nye will balance his new role at VMTurbo with his ongoing responsibilities as co-managing partner of Bain Capital Ventures.
About Ben Nye
Earlier this year, Ben was named to Forbes’ annual “Midas List” of top VC investors, making the list for the third time. Forbes cited Ben’s investment in Solarwinds and LinkedIn—both of which went public in 2009 and 2011, respectively—along with investments in DynaTrace (acquired by Compuware in 2011), Network Intelligence and Archer Technologies (both of which were acquired by EMC in 2007 and 2010, respectively) and AppAssure Software (acquired by Dell in 2012). AON Venture Capital East 50 also recognized him for those and other investments.
Prior to joining Bain Capital, Ben served as senior vice president at VERITAS Software following its acquisition of Precise Software where he served as COO and CFO. During his tenure, Ben helped build Precise from a $10M privately-held company to a $100M public company – which subsequently became the fastest growing public company in its space.
Previously, Ben was a principal at Allied Capital. He also served as a political appointee member of the Senior Executive Service and direct report to US Treasury Secretaries Robert Rubin and Lloyd Bentsen. A Harvard Scholar, Ben graduated with honors from Harvard College and Harvard Business School.
About Shmuel Kliger
Shmuel is founder and president of VMTurbo and a recent Ernst and Young Entrepreneur of the Year finalist. Prior to founding VMTurbo, Shmuel served as Vice President of Architecture and Applied Research in the EMC CTO Office. Prior to joining the CTO Office, Shmuel was the Chief Technology Officer of EMC’s Resource Management Software Group. Shmuel Kliger joined EMC with the acquisition of SMARTS. Shmuel Kliger was a Chief Technology Officer and co-founder of SMARTS.
As CTO of SMARTS, Shmuel Kliger was responsible for setting SMARTS vision and strategy, managing SMARTS’ R&D organization, as well as Professional Services, Technical Support and Technology Partner Development. Prior to joining SMARTS, Shmuel was a member of the Distributed Systems Software Technology department at IBM Research developing middleware technologies. Shmuel also served as a senior researcher at the Weizmann Institute of Science, Rehovot, Israel, and Manager of Technical Support Services for International Business Software in Israel. Shmuel holds a B.S. in mathematics from Bar Ilan University, an M.Sc. and a Ph.D. in computer science from the Weizmann Institute of Science, Rehovot, Israel.
About VMTurbo
VMTurbo provides the only software-defined control system for businesses running mission-critical applications on virtualized or cloud infrastructure. The Company applies proven economic principles to deliver a control system that continuously ensures performance while maximizing utilization to transform IT operations to scale to the complexities and dynamics of a software-defined world. First launched in 2010, the VMTurbo platform is now used by more than 9,000 cloud service providers and enterprises worldwide, including Société Générale, Xerox Corporation, Reed Elsevier, H&M, CSC, Canadian Tire, Aon Corporation and BMO Financial. VMTurbo is headquartered in Massachusetts, with offices in New York, California, the United Kingdom and Israel. For more information, visit us at www.vmturbo.com.