Tuesday | 2 December, 2008
Ruby on Rails vendor lands US$6.2 million in funding
Systems management software maker FiveRuns brings in cash to further its Ruby on Rails product and community support.
Denise Dubie (Network World) 30/10/2007 06:06:46

Systems management software maker FiveRuns announced Monday that it had garnered US$6.2 million in funding from Austin Ventures.

The company previously received a US$2.95 million investment from Austin Ventures in October 2005, and FiveRuns executives say the additional US$6.2 million validate the market interest in and significance of the Ruby on Rails platform on which the company built its product.

"All of the industry signposts are pointing to Rails becoming a significant framework for Web application development. FiveRuns is squarely positioned to augment this wave by delivering products in support of its growth," said Olivier Thierry, president and CEO of FiveRuns, in a statement.

FiveRuns was founded in 2005 and began its business using a software-as-a-service delivery model for its product designed to monitor systems running Apache, JBoss, Linux and more. The company over the past year updated its business model and launched in May a new software platform, Rails Management Suite.

Ruby on Rails is an open source Web application development framework on which FiveRuns built its management platform. The company has made available two applications from the suite: RM-Manage and RM-Install. The latter is a freeware application that helps customers develop, deploy and manage Rails applications. The company says RM-Install has been downloaded more than 1,000 times since its release in May.

The company also announced this week that Thierry, previously of Mission Critical Software and NetIQ, was recently appointed to his current position at FiveRuns.

Computerworld Buyer's Guide - Vendors Matched to this Article
Computerworld Buyer's Guide - Vendors Matched to this Article
Additional Resources
Executive Guides
Whitepapers
Zones
Zone logoZones provide focussed content from Computerworld and leading technology partners.
Newsletter Subscription
Sign up for our Computerworld newsletters!
RSS Feeds
Market Place

 

Smart SOA World Tour

Discover how SOA can create smarter outcomes for your business.

Attend and learn:

  • How SOA is helping leading companies to become more agile
  • Where you should be applying SOA processes in your company
  • The top SOA implementation mistakes to avoid

Click here for more information.
Whitepaper

Delivering the Power of Choice with Microsoft Dynamics CRM

Join Ed Thompson, Research VP, featured analyst firm, Gartner, Inc., and Brad Wilson, General Manager CRM Microsoft Dynamics, for a new webcast, Delivering the Power of Choice with Microsoft Dynamics CRM, available now. Our panel will break down the best practices for getting the most out of CRM and you'll learn key recommendations you can implement in your organization. Additionally, you'll also hear Microsoft's vision for CRM.

Enterprise IT Buyer's Guide
Find Technology Vendors Fast
 
Find vendors by name | Find by category
Sponsored Links