Heroku

SoftwareSeries BSan Francisco, USheroku.com

Latest round

Series B

Last raised

May 2010

Total raised

$15M

Investors

6

About Heroku

Heroku, Inc.Founded in 2007 in San Francisco, US, Heroku is a platform as a service that enables application development and management. The company was acquired by Salesforce, Inc. in December 2010 for USD 212 mn. The founders include AJ Manry, Adjetey Lassey, and James Lindenbaum, among others.Heroku, a platform as a service owned by Salesforce, specializes in providing a comprehensive suite of cloud application development services geared towards facilitating the deployment, management, and scaling of applications. Its core offerings include managed data services, allowing developers to easily integrate and utilize databases like PostgreSQL and Redis. The platform supports a wide array of programming languages, enabling developers to build applications using their preferred technology stack without the burden of managing underlying infrastructure. Heroku's ecosystem caters to diverse clientele across various industries, including healthcare, entertainment, automotive, retail, and fintech.Heroku generates revenue primarily through a subscription-based model, where clients pay for access to its platform and associated services. This structure includes varying tiers of service that offer different levels of resources and capabilities, tailored to meet the needs of businesses from small startups to large enterprises. Clients typically engage in transactions involving monthly subscriptions for platform usage, which may cover features such as managed inference, data services, and support for custom applications.With the acquisition by Salesforce, Heroku plans to leverage its resources for further development and expansion. The company is focused on enhancing its existing product offerings and is likely exploring opportunities for entering new geographic markets within Europe and Asia-Pacific by 2025.

Who invested in Heroku

6 investors across 4 rounds

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Funding rounds

  1. Series B

    May 11, 2010

    Amount

    $10M

    Investors

    Locked

  2. Series A

    Aug 6, 2009

    Amount

    $2M

    Investors

    Locked

  3. Series A

    May 8, 2008

    Amount

    $3M

    Investors

    Locked

  4. Seed

    Feb 7, 2008

    Amount

    $0M

    Investors

    Locked

Questions about Heroku

Who invested in Heroku?

Heroku has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Heroku raised?

Heroku has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Heroku last raise money?

Heroku's most recent round on record is a Series B, in May 2010.

What does Heroku do?

Heroku is a software company.

Where is Heroku headquartered?

Heroku is headquartered in San Francisco, US.

Which VCs invest in companies like Heroku?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Heroku's stage. Their profiles are linked below.

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