Ruby on Rails is a tremendously popular development framework, making it dead-simple to create web applications. However, it does have its deployment challenges, but that’s where Engine Yard comes in. This San Francisco based startup will handle the entire process of deploying your Rails app, which includes reliable and scalable hosting, operations, and sysadmin/DBA support 24/7, so you can literally go out drinking on launch night instead of staring at your monitor waiting for something to go wrong.

In this video, Tom Mornini, Co-Founder and CTO, and Lance Walley, Co-Founder and CEO, discuss Engine Yard’s tech, Ruby on Rails misconceptions, and Twitter’s scalability issues. They also share their secrets to VC selection, negotiation, and partnering, so be sure to tune in.

7/13/08 UPDATE: The news JUST hit the blogosphere that Engine Yard closed a $15M round of financing…congrats to the team! Check out the scoop on TechCrunch, VentureBeat, Ruby Inside, and of course Ezra Zygmuntowicz’s post (the other founder of EY) with all the details…and if there are other good posts, leave a comment and let me know!

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