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April 28, 2008
RightScale Raises $4.5M to Advance Cloud Development Platform
SANTA BARBARA, Calif., April 24 -- RightScale Inc.,
the leading automated management platform for Internet cloud computing
services, today announced it has secured $4.5 million in first-round
venture financing from Benchmark Capital. RightScale will use the funds
to accelerate customer growth and develop more tools that enable
developers to create and automate reliable, scalable and
high-performing Web applications for Amazon Web Services (AWS).
Benchmark Capital general partner Kevin Harvey will join the company's
board of directors.
"RightScale's platform has very quickly become the defacto standard
in cloud computing management and provisioning," said Kevin Harvey,
general partner of Benchmark Capital. "The company has an outstanding
team in place, a unique offering in a market that is evolving rapidly,
and a loyal, paid customer base that has grown more than 500 percent over the
last six months. By combining the platform, tools and expertise
required to bridge the gap between today's IT infrastructure
requirements and the promise of pay-as-you-go Internet resources,
RightScale serves as an on-ramp to a new frontier in computing."
For many businesses, designing and deploying the complex software
solutions required to tap into AWS creates an obstacle to quick
adoption. RightScale's software-as-a-service platform, tools and
support enable companies to create scalable Web solutions on cloud
computing services that are reliable, easy to manage and cost
significantly less than traditional hardware server deployments.
The company's end-to-end cloud management platform features the
RightScale Dashboard, pre-packaged open source components, and a design
environment that provides developers an unprecedented degree of
convenience and automation in deploying multi-server compute clusters.
Developers can migrate their Web applications to cloud computing
services quickly using RightScale's pre-packaged server templates for
Web front-end load balancing, MySQL database replication and backup,
and grid frameworks for compute-intensive batch processing. Based on
patent-pending RightScript technology, RightScale's server templates
provide an easy, open, and flexible design and deployment tool for
managing virtual server networks in the cloud.
"We are excited to have Benchmark Capital's support as we enter our next phase of growth," said Michael Crandell, founder and chief executive officer of RightScale. "Kevin Harvey has an incredible track record for helping companies that offer open platforms with free and premium-user models to grow quickly and extend their market leadership. This investment will allow us to expand and open the RightScale platform to an even larger community of developers and partners who want to leverage the cost-savings and flexibility the cloud offers."
About RightScale
Founded in 2007, RightScale Inc. delivers the platform, tools and expertise that enable companies to create scalable Web solutions on cloud computing services that are reliable, easy to manage, and cost less. Funded by Benchmark Capital, RightScale is a private company headquartered in Santa Barbara, Calif. To learn more about RightScale, or sign up for a free edition of its automated management system, visit www.rightscale.com/.
-----Source: Benchmark Capital
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