Wednesday, April 25, 2012

Java Application Deployment Platform Jelastic Raises $2 Million from Russian Venture Funds

Jelastic logoJelastic, a U.S./Ukrainian/Russian provider of a cloud-based deployment platform for Java apps, has closed a $2 million Series A funding round from Russia and CIS-focused Almaz Capital Partners and Foresight Ventures, a global fund with a bias towards Russia and the US. Jelastic, which competes with Heroku and Google App Engine, offers developers of Java applications a hosted platform based around standard software stacks, which it says helps avoid lock-ins and code changes. The company launched its public beta in October 2011, and since then has picked up over 15,000 unique users.

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1 Comments:

At March 15, 2013 at 2:18 AM , Blogger Unknown said...

This much is known about the "Russians"
they take a long time to complete a business plan in a real-time computer age; and, they (like the emerging economies) have not built an aircraft like the "CONCORDE". Duh! Private equity romania

 

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