Developers love Engine Yard, the Red Hat for Ruby on Rails. And so do investors, who just plowed another $19 million into the startup, which hosts Ruby-on-Rails deployments.
New investors include DAG Ventures, Bay Partners, and Presidio Ventures. Existing investors Benchmark Capital, New Enterprise Associates, and Amazon also participated. The company had previously raised $15 million in July… → Read More
With nothing else on his hands immediately, Walley started building a Twitter application on his own dime (about $10,000) that would basically link your Twitter account to a brokerage account and enable you… → Read More
The bad news for startups keeps on coming in. This time it’s RubyOnRails application hosting provider Engine Yard that has laid off 15% of its staff, as publicly reported on the company’s blog earlier this week. We’ve contacted co-founder Lance Walley and can confirm that 12 out of 82 people have been let go, across several departments.
Engine Yard, a platform to build, manage and host Rails applications, raised a $15 million Series B round of funding from new investors New Enterprise Associates and Amazon. Previous investor Benchmark Capital also participated – Engine Yard has now raised $18.5 million in capital. Engine Yard competitors Heroku and New Relic have also raised capital this year. Amazon’s investment is… → Read More
New Relic is looking to capitalize on the growing number of Ruby on Rails application deployments, having recently raised $3.5M from Benchmark Capital for their Rails Performance Management (RPM) product. RPM is a combination of installed software and cloud services that helps developers understand performance problems in their RoR applications. A Rails developer first installs a standard plugin… → Read More
Is Ruby on Rails the next Java? Benchmark Capital thinks so. It just invested $3.5 million in Engine Yard, taking its entire series A round. Ruby on Rails is an increasingly popular Web application programming environment because it is dead-simple, open-source and very fast to develop on. The downside is that it is not always as robust as more mature frameworks such as Java. In fact, Ruby on Rails… → Read More