Ruby-on-Rails Start-up Gets $6.2m in Funding

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Egenera Changes CEOs Again

By Maureen O'Gara

kennyo wrote: Actually, Egenera's CEO is staying on as Board chairman. As the company transitions to be a multi-platform player, the feeling is to have management who are experts about software, the converged infrastructure market, and familiar with the players in the space. Ergo the new CEO, and ergo the new levels of backing from investors. The company is still hiring in its field and OEM spaces, and in conversations with multiple IHV partners.

Nov. 22, 2009 05:01 PM EST

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Press Release

Ruby-on-Rails Start-up Gets $6.2m in Funding

FiveRuns, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java

By: Salvatore Genovese

Nov. 2, 2007 12:45 PM

FiveRuns Corporation, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java, has gotten $6.2 million in funding from Austin Ventures.

The money is earmarked for acceleration product development, sales and marketing and the company's partnership efforts.

Since it kicked off a year ago August, FiveRuns has secured $9.2 million in funding. It claims a customer base of 65 organizations or so that it says are monitoring hundreds of servers, with "hundreds" in evaluation.

Along with the money, the start-up picked up a management consisting of CEO Olivier Thierry, once with Mission Critical Software and NetIQ; marketing VP Dean Cruse, formerly with PerformanceRetail; and VP, development and technology Steve Sanderson, formerly with Sapling Systems.

Ruby on Rails, a web application framework for the Ruby programming language, has been gaining in popularity because it improves the speed of web application development and the user experience.

FiveRuns claims its software is the only one around to manage the full Rails application lifecycle.

Published Nov. 2, 2007— Reads 20,024 — Feedback 1
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

▪ AJAX-Based FiveRuns Approaching 1,000 Beta Subscribers

▪ FiveRuns Open Source SMS Approaches 1,000 Beta Subscribers

▪ FiveRuns Announces Support For Oracle Database

▪ Ruby-on-Rails Start-up Gets $6.2m in Funding

About Salvatore Genovese
Salvatore Genovese is a Search Engine Optimization consultant and an i-technology blogger based in Rome, Italy. He occasionally blogs about SOA, mergers and acquisitions, open source and bleeding-edge technologies, companies, and personalities. Sal can be reached at hamilton(at)sys-con.com.

Reader Feedback: Page 1 of 1

Ruby On Rails News Desk commented on 2 Nov 2007

FiveRuns Corporation, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java, has gotten $6.2 million in funding from Austin Ventures. The money is earmarked for acceleration product development, sales and marketing and the company's partnership efforts. Since it kicked off a year ago August, FiveRuns has secured $9.2 million in funding. It claims a customer base of 65 organizations or so that it says are monitoring hundreds of servers, with 'hundreds' in evaluation.