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.

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.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Denise Dubie

Network World
Show Comments

Essentials

Brother MFC-L3745CDW Colour Laser Multifunction

Learn more >

Mobile

Exec

Sony WH-1000XM4 Wireless Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?