Benchmark Capital
has invested $3.5 million in Engine Yard Inc., which makes a development and support platform for "Ruby on Rails," an open-source programming framework for Web applications. It is the startup's
first round of institutional funding.
"Ruby on Rails has attracted growing legions of Web developers with its
emphasis on elegance, ease of use and rapid time to market," said Benchmark general partner
Mitch Lasky in a statement.
"As the Rails community matures and makes greater inroads into the enterprise,
Engine Yard's scalable, robust deployment solutions are increasingly necessary
to achieve industry-leading application performance."
Lasky and Benchmark general partner
Peter Fenton will join Engine Yard's board of directors.
- Alain SherterSee Jan. 11 press release from Benchmark via Yahoo!For more see
TechCrunch, VentureBeat and
Sonian
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