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Ruby-on-Rails Start-up Gets $6.2m in Funding

FiveRuns, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java
By Salvatore Genovese
Article Rating:
November 2, 2007 12:45 PM EDT
Reads:
 19,970

FiveRuns Corporation, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java, has gotten $6.2 million in funding from Austin Ventures.

The money is earmarked for acceleration product development, sales and marketing and the company's partnership efforts.

Since it kicked off a year ago August, FiveRuns has secured $9.2 million in funding. It claims a customer base of 65 organizations or so that it says are monitoring hundreds of servers, with "hundreds" in evaluation.

Along with the money, the start-up picked up a management consisting of CEO Olivier Thierry, once with Mission Critical Software and NetIQ; marketing VP Dean Cruse, formerly with PerformanceRetail; and VP, development and technology Steve Sanderson, formerly with Sapling Systems.

Ruby on Rails, a web application framework for the Ruby programming language, has been gaining in popularity because it improves the speed of web application development and the user experience.

FiveRuns claims its software is the only one around to manage the full Rails application lifecycle.

Published November 2, 2007 – Reads 19,970
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Salvatore Genovese

Salvatore Genovese is a Search Engine Optimization consultant and an i-technology blogger based in Rome, Italy. He occasionally blogs about SOA, mergers and acquisitions, open source and bleeding-edge technologies, companies, and personalities. Sal can be reached at hamilton(at)sys-con.com.

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Ruby On Rails News Desk 11/02/07 07:37:55 AM EDT

FiveRuns Corporation, a pioneer of monitoring products for Ruby on Rails, described by some as the new Java, has gotten $6.2 million in funding from Austin Ventures. The money is earmarked for acceleration product development, sales and marketing and the company's partnership efforts. Since it kicked off a year ago August, FiveRuns has secured $9.2 million in funding. It claims a customer base of 65 organizations or so that it says are monitoring hundreds of servers, with 'hundreds' in evaluation.