Video Transcript


Heroku & Redpoint Ventures

We are happy this morning to announce we’ve raised a $3 million round of funding, from Redpoint Ventures and some other great investors.

Adam, Orion, and I started Heroku with the goal of making software development much easier and more accessible. We’ve got big plans – what we’ve done so far is really just the first step. There is so much we’ve been dying to do, but we just haven’t had the capacity.

This investment will allow us to beef up our current offerings, expand into other parts of the development process, and build out the company to support our quickly growing developer community.

This deal has been in the works for a few months, and we’re just so excited to have both the financial resources and partners like Redpoint to help us realize our vision.

In the meantime, our private beta is really rocking. We now have over 10,000 developers building apps on the platform, with over 12,000 apps built so far. This enormous amount of activity is really helping us to hone Heroku into a smooth and sharp tool, and we look forward to opening up the beta in the coming months.

We can’t wait to unveil some of the stuff we’ve got in the pipeline. Stay tuned!

Quote (Adam to investors):
“I’m not coming to any board meetings earlier than 3pm.”
Quote (James to investors):
“Who’s the CEO? Well, I lost rock-paper-scissors, so I guess that’s me.”
Quote (Orion to investors):
“Can I get some of that in quarters? My laundry is really starting to pile up.”

More coverage: VentureBeat, TechCrunch

Originally published: May 08, 2008

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