Investment and venture capital are still flowing to Ruby and Ruby on Rails companies.
Benchmark Capital on Jan. 11 announced a $3.5 million investment in Engine
Yard, a provider of Ruby on Rails application deployment and support. Engine
Yard CEO Lance Walley said the funds will be used to expand the company's
operations, strengthen its customer service organization, enhance Ruby on Rails
tooling and help support community projects based on Ruby on Rails.
Mitch Lasky, a general partner at Benchmark Capital, said the venture capital
firm invested in Engine Yard for several reasons, one of which was, "We
had been looking at Ruby on Rails for quite a long time." Lasky said he
had seen many potential Benchmark clients come in and make presentations about
Ruby on Rails solutions or saying they had to make sure their platform was
compatible with Ruby on Rails.
Lasky said Benchmark approached Engine Yard, not the other way around.
"Our expectation is they [are] poised to become a thought leader in the
Ruby on Rails community," he said.
Walley said the Benchmark investment will not only help Engine Yard expand
its hosting business, but also will enable the company to support community
projects such as Rubinius and Merb. Rubinius is a project to develop the next-generation
virtual machine for the Ruby programming language. Merb is a Model View
Controller Web application framework written in Ruby. Both projects were created
by Engine Yard engineers. Moreover, Walley said the venture capital funding is
enabling his company to open new data center locations in Sacramento,
Calif., in New Jersey
and in London.
Walley also said Engine Yard will use the funding to create a software stack
or distribution to help Ruby on Rails further succeed as a developer platform.
In other Ruby news, SapphireSteel Software on Jan. 7 launched a new version
of its Ruby On Rails IDE (integrated development environment), Ruby In Steel,
complete with a copy of Visual Studio 2008, for $49. The company refers to this
version as its "Text Edition" to distinguish it from the
top-of-the-line Developer Edition. The "Text Edition" has Ruby and
RHTML (HTML with embedded Ruby) and embedded Ruby editing and debugging and is
hosted in the Visual Studio shell.
Meanwhile, WSO2, an open-source SOA (service-oriented architecture) company,
said it plans to announce on Jan. 14 its WSO2 (WSF/Ruby) Web Services Framework
for Ruby 1.0. WSF/Ruby is an open-source framework for providing and consuming
Web services in Ruby and the company claims it is the first Ruby extension to
offer extensive support for the standard Web services stack known as WS-* or