Trend Micro and Turbonomic Enter Strategic Partnership to Accelerate SMART Workload Adoption Globally

Partnership Supports Turbonomic’s Go-to-Market Operations in Asia
Pacific & Japan

DALLAS & BOSTON–(BUSINESS WIRE)–Trend
Forward Capital
, the investment arm of Trend
Micro
(TYO: 4704; TSE: 4704), and Turbonomic,
the leader in workload automation for hybrid cloud, today announced an
investment. As a catalyst for organizations innovating to unlock a smart
connected world, under the terms of the agreement Trend Forward Capital
is now a Turbonomic investor and will help accelerate Turbonomic’s
go-to-market (GTM) particularly in Asia, leveraging the global
relationships of Trend Micro, a Turbonomic customer. Together, the
companies will accelerate the adoption of workloads that self-manage,
anywhere, in real-time (SMART™), to help customers modernize IT and
accelerate digital transformation.

“Turbonomic’s workload automation software is a proven and trusted
platform technology, used by the majority of the world’s money center
banks as well as thousands of additional customers globally to optimize
their workloads in hybrid and multi-cloud environments,” said Partha
Panda, Partner at Trend Forward Capital. “We invested in Turbonomic
because we believe that workloads must be self-managing to run anywhere
in the future. Today’s connected world is increasingly connected with
devices only getting smarter and require processing in the core and at
the edge.”

“The Trend Micro and Turbonomic partnership is testament to the power of
our AI-powered platform in ensuring that ‘SMART’ workloads are always
performant and compliant and that customers only pay for what is needed
– whether on-premises or in the cloud,” said Benjamin Nye, CEO at
Turbonomic. “As we continue scaling globally, most recently with a new
Center of Cloud Excellence in Israel and development center in Greece,
we look forward to working with Trend Micro and Trend Forward Capital to
accelerate our Asia Pacific growth.”

About Trend Forward Capital
Trend Forward Capital is a
venture capital firm obsessed with scaling innovative technology with a
purpose. With a flexible approach providing funding, business expertise,
and access to a global network of resources Trend Forward Capital fills
the gaps for start-ups, amplifying their business and making sure their
success is sustainable. Visit www.TrendForward.com for
more info.

About Turbonomic
Turbonomic workload automation for hybrid
cloud continuously assures that all workloads get precisely the
resources needed to ensure performance and lower cost while maintaining
policy compliance. Privately held, Boston-based Turbonomic is one of the
fastest-growing software companies, backed by leading venture firms
including Bain Capital Ventures, General Atlantic, Globespan Capital
Partners, Highland Capital Partners and Iconiq Capital. To learn more
about Turbonomic, visit turbonomic.com.

Contacts

Press Contacts:
Katryn McGaughey
(781) 267-5147
Katryn.McGaughey@Turbonomic.com

Kateri
Daniels
817-522-7911
media_relations@trendmicro.com