What Company Is Offering:
10gen is creating a new platform to let developers quickly and easily build complex and scalable Web applications. The 10gen cloud computing architecture will enable developers to write Web applications and automatically scale as demand increases without re-architecting code. The 10gen stack includes a powerful database and application server.
How Much They Got From VCs:
10gen , creator of a new Platform-as-a-Service (PaaS) technology that helps developers more quickly and easily build dynamic, scalable Web sites and applications, today announced $1.5 million in Series A financing from Union Square Ventures. The cloud computing company, founded earlier this year by DoubleClick veterans Kevin Ryan, Dwight Merriman and Eliot Horowitz, and former Joost engineering VP, Geir Magnusson Jr., aims to provide significant time and cost saving advantages by allowing developers to focus on solving business problems and delivering functionality rather than expending effort on infrastructure, scaling and system management.
"At 10gen we are building a cloud stack from the ground up -- including a database and application server -- with the design goal of running sites and services of all sizes," noted Dwight Merriman, Founder and CEO. "Rather than porting existing tools into the cloud, Web development can only prosper by building new technologies for this environment, technologies which are available in an open way such that many companies and other entities can collaborate on their development."
More at:http://www.10gen.com/
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