New Relic has added the capability to monitor data across multiple applications and systems for deeper, more detailed views — another sign that the new era of Internet models is taking the enterprise by storm. → 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.
New Relic, a company that focuses on helping Rails developers optimize and maintain their code, has closed a $6 million Series B funding round led by Trinity Ventures, with existing investor Benchmark Capital also participating. After a $3.5 million Series A round earlier this year, the round brings New Relic’s total funding to around $9.5 million. As part of the deal Trinity’s Dan Scholnick… → 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