New Relic raises $6M more to manage Ruby on Rails apps
Before the recent financial crash, we wrote about growing investment around the programming framework Ruby on Rails. It looks those investments haven’t stopped yet – New Relic, a company that helps you manage Rails applications, has raised $6 million in a second round of funding.
Dan Scholnick of Trinity Ventures, which led the round, says there are a bunch of reasons why New Relic seemed like a good investment, even as the economy crumbles. For one… Continue Reading
New Relic gets $3.5M to help manage Ruby on Rails applications
New Relic, a startup that helps you manage applications built with the Ruby on Rails framework, has raised $3.5 million in a first round of funding.
Both Ruby on Rails and computing in the Internet “cloud” have been heating up recently. In fact, this is just the latest in a series of investments in this field from Benchmark Capital, one of Silicon Valley’s leading venture firms. (Benchmark invested in Engine Yard back in January, and announced… Continue Reading