JRebel Company ZeroTurnaround Receive Backing
ZeroTurnaround receive the backing of Bain Capital Ventures.
ZeroTurnaround, the company behind JRebel and
LiveRebel, have received the backing of Bain Capital Ventures,
the venture arm within Bain Capital. Bain Capital Ventures manages
$1.5 Billion of assets, has over 70 active portfolio companies, and
has been involved with dynaTrace Software and LinkedIn. Bain
Capital Ventures’ backing includes a buyout of Webmedia Group’s
ownership in the company.
“We are proud to partner with the entire ZeroTurnaround team to
build a world-class infrastructure software company. The innovation
at ZeroTurnaround helps the Java community deliver better code in
less time and with less downtime,” said Ben Holzman, Partner at
Bain Capital Ventures. “Additionally, ZeroTurnaround’s value and
uniqueness was recently showcased as the ‘Most Innovative Java
Technology 2011′ in the JAX Awards.”
ZeroTurnaround has experienced triple-digit growth every year
since its inception, and reportedly nearly 300% in 2010.