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