How Much Did Heroku Raise? Funding & Key Investors

Heroku has established itself as a leading cloud platform as a service (PaaS) for deploying, managing, and scaling applications. The platform offers a comprehensive suite of features, including managed data services, scalability, and robust security and compliance measures.

Keep reading to explore the intricacies of Heroku's fundraising journey and the investors backing this innovative platform.

What Is Heroku?

Heroku is a prominent cloud platform as a service (PaaS) that enables developers to build, run, and operate applications entirely in the cloud. It is part of the cloud computing industry, specifically focusing on PaaS solutions.

Headquartered in Salesforce Tower, San Francisco, Heroku offers a fully-managed environment with features like Heroku Runtime, PostgreSQL, and Key-Value Store. The platform supports multiple programming languages and provides a rich ecosystem of add-ons and buildpacks, catering to developers, teams, and businesses of all sizes.

How Much Funding Has Heroku Raised?

1. Seed Round
   • Amount Raised: $20K
   • Date: January 2008
   • Lead Investors: -
2. Series A
   • Amount Raised: $3M
   • Date: May 2008
   • Lead Investors: Redpoint
3. Series B
   • Amount Raised: $10M
   • Date: May 2010
   • Lead Investors: Ignition Partners

Heroku has raised a total of $13.02M in funding.

Key Investors

• Ignition Partners
  • Details: Ignition Partners is a venture capital firm that focuses on early-stage investments in enterprise software and cloud computing. Founded in 2000, the firm has a strong track record of backing successful technology companies.
  • Investment Focus Areas: Enterprise software, cloud computing, cybersecurity
  • Notable Investments: Splunk, DocuSign, Cloudera
• Redpoint
  • Details: Redpoint is a venture capital firm that invests in seed, early, and growth-stage companies. Established in 1999, Redpoint has a history of supporting innovative startups in the technology sector.
  • Investment Focus Areas: Consumer internet, enterprise software, digital media
  • Notable Investments: Netflix, Stripe, Twilio

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