Jan
11
Benchmark Bets on Ruby on Rails With $3.5 Million Investment in Engine Yard
Is Ruby on Rails the next Java? Benchmark Capital thinks so. It just invested $3.5 million in Engine Yard, taking its entire series A round. Ruby on Rails is an increasingly popular Web application programming environment because it is dead-simple, open-source and very fast to develop on. The downside is that it is not always as robust as more mature frameworks such as Java.
In fact, Ruby on Rails is getting a lot of the same criticisms that Java got in its early days. Namely, that…
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