Buys Heroku For $212 Million In Cash

by Alexis Ohanian12/9/2010 has just announced that it is acquiring Heroku, which provides a Ruby application platform-as-a-service, for approximately $212 million in cash.

That’s one hell of an exit for the startup, which was founded in 2007 and has raised only $13 million in funding.

Heroku was initially provided with seed funding through Y Combinator back in 2008.

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Congratulations James, Adam and Orion!


  • Alexis Ohanian