ZeroTurnaround, a Tartu, Estonia-based provider of productivity enhancing solutions for the Java community, has raised an equity funding of undisclosed amount.
Investors include Bain Capital Ventures and angel investors, including Salil Deshpande. Bain Capital Ventures’ backing includes a buyout of Webmedia Group’s ownership in the company.
ZeroTurnaround intends to use the capital to expand in new countries and create new products.
Founded in 2007 by CTO Jevgeni Kabanov and led by CEO David Booth, the company provides:
– JRebel, a solution that enables developers to save their coding time by removing the build and redeploy process, so they can instantly see changes made to their code in their development application;
– LiveRebel, a solution that enables production Java EE environments to automatically and instantly deliver hot updates to live applications.
FinSMEs
25/07/2011