
Modulus
Helping financial institutions and traders develop technology faster and more affordably than if they were to do it from scratch.
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Modulus operated as a Platform-as-a-Service (PaaS) company, providing a specialized environment for developers focused on Node.js and MongoDB technologies. The company was founded by Charlie Key, who served as its CEO.
The core business of Modulus was to offer a streamlined platform for hosting, deploying, scaling, and monitoring data-intensive, real-time applications. It catered to the segment of the developer market that prioritizes coding and requires a robust back-end infrastructure to manage and scale their applications without extensive manual configuration. The platform was architected using Linux containers to manage application scaling and integrated MongoDB as a core database technology, allowing developers to build full-stack applications entirely in JavaScript. This provided a significant benefit to the large community of JavaScript developers by eliminating the need to learn new languages for back-end development.
In a significant milestone, Modulus was acquired by Progress Software in June 2014. The acquisition was a strategic move for Progress to enhance its cloud and mobile development capabilities and to engage with the rapidly growing Node.js community. By integrating Modulus, Progress could offer a comprehensive platform that appealed to developers who build applications from scratch, complementing its existing rapid application development tools like Rollbase. The service allowed for deployment on public clouds like Amazon Web Services (AWS) and Joyent, or in private cloud environments, offering flexibility and control to its clients.
Keywords: PaaS, Node.js hosting, MongoDB deployment, application scaling, developer tools, cloud platform, JavaScript development, real-time applications, Progress Software, application deployment, Linux containers, database hosting, back-end as a service, software development, application management, cloud infrastructure, tech acquisition