After my panel on Friday at SXSW, Paul Underwood of Deloitte and Will Lovegrove, CEO of Datownia, approached me to talk about their companies. Their viewpoints demonstrate the direction of enterprise app development and the shift to a developer-centric IT world. → Read More
Engine Yard, a provider of Platform-as-a-Service (PaaS) solutions, this morning announced it has acquired Orchestra, developer of a platform for deploying, scaling and managing PHP applications.
Engine Yard, which is backed by investors like Benchmark Capital, New Enterprise Associates, and Amazon.com, opted not to disclose the financial terms of the acquisition. → Read More
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
Last month, Lance Walley left his position as co-founder and CEO of Ruby on Rails hosting company Engine Yard, after the VC-funded startup was forced to trim its workforce by 15% last January.
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.
The TechCrunch Layoff Tracker has been updated… → Read More
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
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