Heroku

Heroku

Cloud Application Platform for developers.

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$212m

Valuation: $212m

Acquisition
Total Funding000k
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Heroku operates as a cloud-based Platform as a Service (PaaS) that enables developers to build, deploy, manage, and scale applications. The company was founded in 2007 by James Lindenbaum, Adam Wiggins, and Orion Henry. Initially, the platform was developed to support projects compatible with the Ruby programming platform Rack, but it has since evolved into a polyglot platform. This means it supports a variety of programming languages, including Java, Node.js, Scala, Clojure, Python, PHP, and Go. The founders, all with backgrounds in software and web development, aimed to create a more accessible computing environment by simplifying the deployment process, which was often a significant pain point for developers. Orion Henry, a computer science graduate from UC San Diego, was a principal architect and pioneered the use of Erlang in the company's infrastructure. Adam Wiggins, a co-founder and the former CTO, is also known for creating the Twelve-Factor App methodology, a set of best practices for building web applications. James Lindenbaum, a serial entrepreneur with a focus on product development and user experience, was instrumental in shaping the brand and its products.

The company's core business revolves around providing a fully managed platform, which frees developers from the complexities of infrastructure and server management. Heroku's platform runs applications in virtual containers called "Dynos" on a reliable runtime environment built on Amazon Web Services (AWS). Revenue is generated through a subscription-based, pay-as-you-go model where customers are charged based on their usage of computing resources like RAM and the number of Dynos. Heroku serves a wide array of clients, from individual developers and startups to large enterprises, offering different tiers of service, including Heroku Enterprise, which provides enhanced security, team collaboration, and dedicated support. A key milestone in Heroku's history was its acquisition by Salesforce in December 2010 for approximately $212 million. At the time of the acquisition, Heroku supported only the Ruby language. Post-acquisition, Heroku expanded its language support significantly and integrated deeply with the Salesforce ecosystem.

Heroku's product suite is designed to streamline the entire application lifecycle. The platform offers a developer-centric experience with tools like the Heroku Command Line Interface (CLI) and an intuitive dashboard for managing apps, monitoring performance, and scaling resources. Key products include Heroku Postgres (a managed SQL database service), Heroku Redis (an in-memory key-value data store), and Heroku Connect, which facilitates data synchronization between Heroku Postgres and Salesforce organizations. The Heroku Elements Marketplace provides a wide range of add-ons and third-party services, allowing developers to extend their applications' functionality with features like monitoring, caching, and logging. For enterprise clients, Heroku offers Private Spaces for network-isolated environments and Heroku Shield for building applications in regulated industries that require high compliance.

Keywords: Platform as a Service, PaaS, cloud platform, application deployment, Salesforce, developer tools, software development, application scaling, container-based, Dynos, polyglot programming, Ruby, Python, Node.js, Java, Go, PHP, Heroku Postgres, Heroku Redis, Heroku Connect, cloud application platform, enterprise application development, CI/CD, DevOps, managed infrastructure, serverless, app hosting, web app development, API deployment

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