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Engine Yard Accelerates Cloud Platforms: $15 Million Financing
Business Investments Increase

Engine Yard, provider of the leading Ruby and Rails deployment platform, today announced it has closed a Series B financing round of $15 million led by New Enterprise Associates, Inc. (NEA), with participation from Amazon.com and current investor Benchmark Capital. Peter Sonsini, Partner at NEA, joins Engine Yard's board of directors.
"Engine Yard's exceptional track record and substantial mindshare within the open-source community position the company to be at the forefront of two key emerging markets in the computing space: Ruby and Rails and cloud computing," said Mr. Sonsini. "I look forward to working with the Engine Yard team to build the business and take the company to the next growth stage."
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.
"Ruby and Rails are gaining traction in the enterprise, as companies look for alternatives to Java and .NET that would free up resources, speed up development, and get them to market faster," said Lance Walley, Engine Yard co-founder and CEO.
"Engine Yard is committed to delivering the deployment infrastructure, services, and in-house expertise to take Ruby and Rails applications to the cloud. We're pleased that NEA and Amazon.com share our vision and, through their investment, have committed to helping Engine Yard execute on this vision."
Engine Yard offers a unique combination of technology, services, and technical leadership that is helping fuel the growing Ruby and Rails market. The Company's deployment platform combines high-end clustering resources to run Ruby and Rails applications securely in the cloud, while Engine Yard's team of Ruby and Rails technical experts delivers 24x7 maintenance and support. These same technical experts lead and participate in the open-source projects helping drive the future of Ruby and Rails.
"Amazon Web Services has provided infrastructure services in the cloud for over two years and we believe that cloud computing will be a large industry with companies providing a range of different services," said Jeff Blackburn, Amazon.com Senior Vice President for Business Development. "Engine Yard is passionate about providing their customers with scalable and reliable cloud-based infrastructure for their Ruby on Rails applications."

About Cloud News Desk
Cloud Computing News Desk brings the latest industry news related to the Cloud paradigm of massively scalable IT resources and capabilities delivered as a service using Internet technologies. For up to date news on the International Cloud Computing Conference & Expo series, the easiest way is to follow it on Twitter.

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Virtualization Conference & Expo, California and London is the leading event in its third year covering the booming market of Virtualization for the enterprise. Now featuring Cloud Computing Expo, this leading event will surely deliver the #1 i-technology educational and networking opportunity of the year for leading Virtualization technology providers.



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Senior Technologists including CIOs, CTOs, VPs of technology, IT directors and managers, network and storage managers, network engineers, enterprise architects, communications and networking specialists, directors of infrastructure Business Executives including CEOs, CMOs, CIOs, presidents, VPs, directors, business development; product and purchasing managers.

Cloud Computing Bootcamp

Introducing at Cloud Computing Expo 2008 West the world's first-ever full one-day, immersive "Cloud Computing Bootcamp" - led by developer-entrepreneur Alan Williamson, Founder of Blog-City.com and creator of the OpenBlueDragon CFML runtime engine.

View the full one-day schedule

Video Coverage of Virtualization Conference
on SYS-CON.TV

David Greschler: Virtualization Beyond the Datacenter to the Desktop
Miko Matsumura: Time Oriented Architecture: Evolution by Design?
Brian Stevens: The Future of the Virtual Enterprise
Kevin Brown: Leveraging Desktop Virtualization for Security, Manageability and Usability Beyond the Perimeter

Video Coverage of the Virtualization Power Panel 2007

Virtualization Power Panel 2007 with Gordon Jackson, David Christian, Ken Jisser and Ben Rudolf

 Conference Media Sponsor: Cloud Computing Journal

Cloud Computing Journal aims to help open the eyes of Enterprise IT professionals to the economics and strategies that utility/cloud computing provides. Cloud computing - the provision of scalable IT resources as a service, using Internet technologies - potentially impacts every aspect of how IT deploys and operates software.

Cloud Computing Expo 2008 Speakers Include...


VOGELS
Amazon


FEINBERG
EMC


WELTMAN
Yahoo

NICKOLOV
3Tera

HAAR
Appistry

ZHOU
Platform Computing

HERROD
VMware

KEAGY
GoGrid

KRISHNAN
ParaScale

COHEN
Enomaly

EATON
Cloudworks

BRYCE
Mosso

SHALOM
GigaSpaces

SOMAL
VMware

CHU
VMware

THORSTEN VON EICKEN
RightScale



SYS-CON EVENTS


Past Events Archive

SOAWorld Conference & Expo 2008 East
soa2008east.sys-con.com
Virtualization Conference & Expo 2008 East
virt2008east.sys-con.com
AJAXWorld 2008 Conference & Expo East
ajaxmar08.sys-con.com
SOAWorld Conference & Expo 2007 West
www.soaworld2007.com
Virtualization Conference & Expo 2007 West
virt2007west.sys-con.com
AJAXWorld 2007 Conference & Expo West
ajaxoct07.sys-con.com
SOAWorld Conference & Expo 2007 East
soa2007east.sys-con.com
Virtualization Conference & Expo 2007 East
virt2007east.sys-con.com
AJAXWorld 2007 Conference & Expo East
ajaxmarch07.sys-con.com
Other SYS-CON Events
events.sys-con.com

SOAWorld & Conference Alumni Delegates Represents...

• AccuRev
• Adea Solutions
• Adobe Systems, Inc [3 delegates]
• ADP
• Aeropostale, Inc
• Aetna
• Akbank Training Center
• American Family Insurance
• American International College
• American Modern Insurance
• Amphion Innovations
• Amplify LLC, Clipmarks [2 delegates]
• Anderson Consulting
• Arrow Electronics [3 delegates]
• Ashcroft Inc
• Athabasca University
• ATS
• Audatex
• Avanade, Inc.
• Avaya Inc. [5 delegates]
• Azul [2 delegates]
• Backbase [2 delegates]
• Bank of America
• Bank of NY
• Barnes and Noble
• Barnex Investment International Limited
• BEA
• Bear Stearns [2 delegates]
• Bendel Newspaper Company Limited
• BizInnovative
• Bloomberg [2 delegates]
• BlueBrick Inc.
• BMC Software
• Boeing
• Bottomline Technologies [2 delegates]
• BP
• Broadcom

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