Tag Archives: Redpoint Venture Partners

News Reading Application Pulse Raises $1 Million


Alphonso Labs is a Palo Alto based company that created an application called Pulse. Alphonso raised $1 million in seed funding from Redpoint Ventures, Greycroft Partners, Mayfield Fund, and Lightspeed Venture Partners.
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Ruby On Rails Platform Company Heroku Raises $10 Million


Heroku is a Ruby on Rails platform built on Amazon.com’s EC2 infrastructure. The company has raised $10 million in a second round of funding, bringing them to a total of $15 million. The number of apps using Heroku has risen from 40,000 to 60,000 within the last 6 months. Ignition Partners led the fund. Other investors include Redpoint Venture Partners, Baseline Ventures, and Harrison Metal Capital. [GigaOm]

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