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Engine Yard raises $19 million in VC funding

By | October 8, 2009, 4:27am PDT

Engine Yard, a Ruby on Rails developer, raised $19 million in a third round of venture capital.

The company, which has raised $37 million to date, received funding from DAG Ventures, Bay Partners and Presidio Ventures. Benchmark Capital, Amazon and New Enterprise Associates—all previous investors—also participated in the latest round.

Engine Yard is worth watching. Ruby on Rails is a rapid development framework that underpins many next generation companies such as Twitter. However, Engine Yard is aiming to take Ruby on Rails deeper into the enterprise. It launched a cloud computing platform and is partners with the likes of Amazon Web Services.

According to a statement, Engine Yard will use the funding to build out its cloud platform to “meet enterprise requirements” and build out its development teams.

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Ruby, Ruby On Rails, Scripting Languages, Software/Web Development, Web Development, Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.

Disclosure

Larry Dignan

Larry Dignan has nothing to disclose. He doesn’t hold investments in the technology companies he covers.

Biography

Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.

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