Former Microsoft Execs Lead $10 Million Round In Ruby On Rails Startup Heroku

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Ruby Cloud Platform as a Service provider Heroku has raised $10 million in Series B funding led by Ignition Partners with existing investors Redpoint Ventures, Baseline Ventures, and Harrison Metal Capital participating. John Connors, General Partner with Ignition and former CFO/CIO of Microsoft has joined the company’s board of directors. This brings the company’s total funding to over $13 million.

Founded in 2007, the Y-Combinator-backed startup develops a Ruby on Rails development and hosting environment. Heroku aims to make software development more accessible for a wider range of people. It does so by providing a browser-based programming environment that cuts out steps traditionally needed to produce RoR applications. Heroku’s application management platform combines runtime technology for cloud scalability with tools and automation for developer productivity.

And Heroku is seeing considerable traction with its platform. There are currently 60,000 apps running on Heroku today, including apps for the iPad, Facebook, Twitter and the iPhone. Clients include Shopify, Comcast and BestBuy. The funding will be used to further product development and expand the platform. Heroku faces competition from Engine Yard.

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