Tech Company Financing Transactions
FiveRuns Funding Round
FiveRuns, based in Austin, secured $6.2 million from Austin Ventures.
Transaction Overview
Company Name
Announced On
10/29/2007
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Series B
Investors
Austin Ventures (Christopher Pacitti)
Proceeds Purpose
The funding will be used to continue FiveRuns' rapid growth in the Ruby on Rails community by accelerating product development, sales and marketing, and the company's partnership efforts.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
209 West 9th Street 100
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
FiveRuns is a leading provider of monitoring products for Rails, and other popular open source and commercial systems. Built on Rails and delivered as a hosted service, FiveRuns' products enable organizations to save money and reduce operational complexity by managing the entire Rails application lifecycle -- from installation to production.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Olivier Thierry
Vice President
Steve Sanderson
VP - Bus. Development
Todd Barr
VP - Marketing
Dean Cruse
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We document every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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