October 8th, 2009
Engine Yard raises $19 million in VC funding
Engine Yard, a Ruby on Rails developer, raised $19 million in a third round of venture capital.
The company, which has raised $37 million to date, received funding from DAG Ventures, Bay Partners and Presidio Ventures. Benchmark Capital, Amazon and New Enterprise Associates—all previous investors—also participated in the latest round.
Engine Yard is worth watching. Ruby on Rails is a rapid development framework that underpins many next generation companies such as Twitter. However, Engine Yard is aiming to take Ruby on Rails deeper into the enterprise. It launched a cloud computing platform and is partners with the likes of Amazon Web Services.
According to a statement, Engine Yard will use the funding to build out its cloud platform to “meet enterprise requirements” and build out its development teams.
Also:
- Engine Yard launches robust Ruby cloud-based deployment platform service
- Engine Yard takes Ruby and Rails to Amazon’s cloud bandwagon
- Ruby on Rails expert: Rails scales; Twitter shouldn’t taint Ruby
Larry Dignan is Editor in Chief of ZDNet and Editorial Director of ZDNet sister site TechRepublic. See his full profile and disclosure of his industry affiliations.
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