Engine Yard was founded in 2006 to help professional developers create and deliver great applications. By providing a commercial-grade application platform, Engine Yard lets developers focus on writing code instead of managing complex application environments. Six years later, there are thousands of customers who rely on Engine Yard every day to provide a flexible, robust and reliable platform to run their applications.
Today, we are very pleased to announce that Oracle Corporation has become a minority investor in Engine Yard. This is a great day for our organization and for our customers. The resulting partnership with Oracle will give Engine Yard access to new technologies and allow us to increase the technical investment we make in our products.
At Engine Yard, our growth is directly related to the success of our customers. It is paramount that we constantly enhance the value we provide to the companies that depend on Engine Yard. Two thirds of our employees and investment are in the engineering and support organizations because this is where we can directly help our customers. With this investment from Oracle, Engine Yard will continue to operate as an independent company, and we will increase the speed at which we evolve and extend our leading platform as a service.
The cloud market is moving fast and in the coming years will play an essential role for all companies around the globe. Oracle's investment and partnership will help us to continue to improve our products and support, so Engine Yard remains at the forefront of the cloud revolution.
For more information, read the press release here.