JAX Awards Winner Receives Backing
JRebel Company ZeroTurnaround Receive Backing
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.