ZeroTurnaround Receives Backing of Bain Capital

Boston - Jul 25, 2011 - Bain Capital Ventures and notable angel investors, including Salil Deshpande, have backed ZeroTurnaround, the company behind innovative productivity enhancing solutions for the Java community including JRebel and LiveRebel. JRebel is the only solution that enables developers to save 15-20% of their coding time by removing the build and redeploy process, so they can instantly see changes made to their code in their development application. LiveRebel is the only solution that enables production Java EE environments to automatically and instantly deliver hot updates to live applications, eliminating downtime and lost sessions.

Bain Capital Ventures and notable angel investors, including Salil Deshpande, have backed ZeroTurnaround, the company behind innovative productivity enhancing solutions for the Java community including JRebel and LiveRebel. JRebel is the only solution that enables developers to save 15-20% of their coding time by removing the build and redeploy process, so they can instantly see changes made to their code in their development application. LiveRebel is the only solution that enables production Java EE environments to automatically and instantly deliver hot updates to live applications, eliminating downtime and lost sessions. Bain Capital Ventures’ backing of ZeroTurnaround includes a buyout of Webmedia Group’s ownership in the company.

“We are thankful to Webmedia Group and their management team for providing initial seed funding and support to help us launch ZeroTurnaround. Now we are ready to go forward to conquer new countries and create new products with our fantastic international team and partners.” – Jevgeni Kabanov, creator of JRebel, founder and CTO of ZeroTurnaround

Bain became involved with ZeroTurnaround because of the high productivity improvements ZeroTurnaround delivers to their customers by addressing core problems in Java.

“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. Additionally, ZeroTurnaround’s value and uniqueness was recently showcased as the ‘Most Innovative Java Technology 2011’ in the JAX Awards. ZeroTurnaround’s fantastic technical team has built great software that improves productivity for customers around the world. We look forward to aiding the company’s expansion into North America.” – Ben Holzman, Partner at Bain Capital Ventures
“With triple-digit growth every year since inception, and nearly 300% in 2010, we are excited to work with the team of Ben Nye and Ben Holzman from Bain Capital along with Salil Deshpande, the same team that backed and helped build dynaTrace Software, a recent success story in Java and .Net performance management." – David Booth, CEO of ZeroTurnaround.

You can also read the original press release. To find out more about JRebel and XRebel, two revolutionary tools for developing quality software faster, just make a clicky-sound on the words above.

 

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