Tuesday, July 15, 2008

Engine Yard provides the platform and expert support for deploying Ruby and Rails got $15 million in funding

What Company Is Offering:
Engine Yard provides the platform and expert support for deploying Ruby and Rails applications to the cloud, giving customers the peace of mind and stability needed for building sites and applications on demand. Engine Yard has a track record of hiring expert talent and fostering open-source innovation, including stewardship of the Rubinius and Merb projects.

How Much They Got From VCs:

Engine Yard, provider of the leading Ruby and Rails deployment platform, today announced it has closed a Series B financing round of $15 million led by New Enterprise Associates, Inc. (NEA), with participation from Amazon.com and current investor Benchmark Capital. Peter Sonsini, Partner at NEA, joins Engine Yard's board of directors.

"Engine Yard's exceptional track record and substantial mindshare within the open-source community position the company to be at the forefront of two key emerging markets in the computing space: Ruby and Rails and cloud computing," said Mr. Sonsini. "I look forward to working with the Engine Yard team to build the business and take the company to the next growth stage."

The new funding will help Engine Yard accelerate its business, bolster R&D of their forthcoming cloud computing cluster platform, and continue to drive innovation with its Ruby open-source projects, Rubinius (http://www.rubini.us) and Merb (http://www.merbivore.com).

More at:http://www.engineyard.com

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