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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a6e1e5b4-b7bc-4ba0-98a8-9b3b81c9d7bc&Preview=1 -
Date
7/14/2008 -
Company Name
Engine Yard -
Mailing Address
500 Third Street San Francisco, CA 94107 -
Company Description
Engine Yard came about in early 2006 because we saw a genuine need: clients were developing business-critical Rails apps, but they didn’t want to worry about deployment issues, nor did they want to hire IT staff to manage servers.Clients wanted Rails-focused 24/7 operations support on top of great infrastructure, plus they wanted a smooth path from 100 users to 100,000 users.
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Website
http://www.engineyard.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The new funding will help Engine Yard accelerate its business, bolster R&D of their forthcoming cloud computing cluster platform, and continue to drive innovation with its Ruby open-source projects, Rubinius and Merb. -
M&A Terms
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Venture Investor
Amazon, Inc. -
Venture Investor
New Enterprise Associates -
Venture Investor
Benchmark Capital