Press for rPath
rPath, the service factory for on-demand IT, today announced general availability of rBuilder 5.8, which brings automated deployment to the world of Windows server applications. Drawing on rPath’s leadership in release automation for Linux-based software systems, rBuilder 5.8 represents the first commercial solution for automated deployment of Windows applications.
rPath, the service factory for on-demand IT, today announced it has raised $7 million in venture capital funding led by existing investors North Bridge Venture Partners and General Catalyst Partners. This represents the fourth round of financing, bringing the total capital raised to $32.5 million.
newScale, rPath, Eucalyptus Systems and MomentumSI, members of The NRE Alliance (NRE), a coalition focused on bringing self-service private and hybrid clouds to the enterprise, are sponsoring an interactive online panel discussion in which CEOs of the four companies will exchange views on present-day enterprise cloud computing. The panel will be moderated by James Staten, vice president, principal analyst at Forrester Research, Inc.
Raleigh software company rPath plans to hire 20 employees by the end of next year after raising $7 million in new venture capital funding. "We have enough market momentum that we now want to push sales and marketing and see if we can increase business," CEO Mike Torto said. "We have a big opportunity here."