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ZeroTurnaround

From Wikipedia, the free encyclopedia
ZeroTurnaround AS
Company typePrivate
IndustrySoftware development tools
Founded2007
Defunct2017-11-29
Headquarters
Key people
  • Jevgeni Kabanov, Founder, CEO
  • Toomas Römer, Founder, CTO
Products
  • JRebel
  • XRebel
  • JRebel for Android
  • XRebel Hub (Beta)
Revenue
  • $2.5M (2011)
  • $6.5M (2012)
[1]
Websitewww.jrebel.com

ZeroTurnaroundwas aJavadevelopment tools software company founded by Jevgeni Kabanov and Toomas Römer in 2007.[2][3]It was acquired byRogue Wave Softwarein 2017.[4]In January 2019, Rogue Wave Software and the legacy ZeroTurnaround software products were acquired by Minneapolis, Minnesota-based application software developerPerforce.[5]

History

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Founders Jevgeni Kabanov and Toomas Römer met at IT services providerWebmedia(now known asNortal) inTartu,Estoniaand began to work together on the project in 2007. Jevgeni and Toomas met David Booth at industry conferences, brought him on as a marketing consultant in January 2009, and promoted him to CEO by March. Together they spun the company out as ZeroTurnaround and received funding by Webmedia in 2009.

The project yielded not only this commercial enterprise, but was also the center of Kabanov's Ph.D. thesis under his advisor Varmo Vene, Head of the Institute of Computer Science at theUniversity of Tartu.His thesis title wasTowards a more productive Java EE ecosystem.As of 2014, and according to Kabanov, the product is in use at 3,500 organizations in 80 countries.[3][6][7]

On March 19, 2013, ZeroTurnaround announced they acquired Javeleon, a software company spun out of the Maersk McKinney Moeller Institute at theUniversity of Southern Denmark.Javeleon makes productivity tools for Java developers.[8][9]

On November 29, 2017, ZeroTurnaround was acquired byRogue Wave Software.[4]

In January 2019, Rogue Wave Software including the former ZeroTurnaround product JRebel was acquired byMinneapolis,Minnesota-based application software developer Perforce.[5]

Products

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ZeroTurnaround developed JRebel, aJavaintegrated development environmentpluginthat eliminates the build and redeploy phases of theJava EEdevelopment cycle. The company referred to this technology as "hotpatching" or sometimes "dynamic app reloading." It also developed LiveRebel, a rollout/rollback tool for live applications.[2][10]The technology was based on a proprietary code versioning facility.[11]LiveRebel was discontinued in 2014.[12]

Funding

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The company received seed funding of $0.38M in 2008/9 from Webmedia,[3][13]and a Series A round in 2011[14][15]followed by further investment of $2.7M in January 2014, both led byBain Capital Ventures.[16][17][18][19]It borrowed a further $3M in March 2014 from Western Technology Investment.[20][21]

References

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  1. ^Alspach, Kyle (November 26, 2013)."ZeroTurnaround on hiring spree in Boston to grow sales of developer tools".Boston Business Journal.RetrievedMay 22,2014.
  2. ^ab"EclipseCon Boston 2013: ZeroTurnaround".EclipseCon Boston 2013.March 25, 2013.RetrievedMay 23,2014.
  3. ^abcAasmae, Kalev (March 5, 2013)."'Call us Estonian-American': How one startup is expanding its US staff, its products and its horizons ".ZD Net.RetrievedMay 22,2014.
  4. ^ab"Rogue Wave acquires ZeroTurnaround for its Java developer tools".SD Times.2017-11-29.Retrieved2020-04-09.
  5. ^ab"Perforce expands DevOps portfolio with Rogue Wave acquisition".sdtimes.com.2019-01-22.Retrieved2019-02-09.
  6. ^"ZeroTurnaround CEO Defends PhD Thesis on Boosting Productivity in Java Uptime".University of Tartu.August 4, 2013.RetrievedMay 22,2014.
  7. ^Kabanov, Jevgeni (March 5, 2013).Towards a more productive Java EE ecosystem.University of Tartu(Thesis).RetrievedMay 22,2014.
  8. ^Keohane, Dennis (March 19, 2013)."ZeroTurnaround Acquires Java Development Tool Company, Javeleon".VentureFizz.RetrievedMay 22,2014.
  9. ^Kantor, Ira (March 19, 2013)."ZeroTurnaround acquires Danish company Javeleon".Boston Herald.RetrievedMay 23,2014.
  10. ^Raible, Matt (Mar 14, 2014)."ZeroTurnaround Q&A: An Interview with CEO Jevgeni Kabanov".InfoQueue.RetrievedMay 22,2014.
  11. ^Kabanov, Jevgeni; Vene, Varmo (January 2014). "A thousand years of productivity: the JRebel story".Software: Practice and Experience.44(1): 105–127.doi:10.1002/spe.2158.S2CID41827072.
  12. ^Kabanov, Jevgeni (Aug 11, 2014)."Goodbye, LiveRebel!".RetrievedNov 28,2014.
  13. ^Deshpande, Salil (February 28, 2013)."ZeroTurnaround".Angel.co.RetrievedMay 23,2014.
  14. ^"ZeroTurnaround Backed by Bain Capital Ventures and Salil Deshpande".Finsmes.Retrieved25 July2011.
  15. ^"ZeroTurnaround Receives Backing of Bain Capital".JRebel.com.ZeroTurnaround.Retrieved25 July2011.
  16. ^Anderson, Greg (January 6, 2014)."ZeroTurnaround Picks Up €1.98 Million according to SEC Filings".ArticStartup.RetrievedMay 22,2014.
  17. ^"Securities and Exchange Commission: Form D: Notice of Exempt Offering of Securities: ZeroTurnaround, Inc".US Securities and Exchange Commission.January 2, 2014.RetrievedMay 22,2014.
  18. ^"ZeroTurnaround Garners $2,700,000 New Financing".January 4, 2014.RetrievedMay 22,2014.
  19. ^"ZeroTurnaround".Bain Capital Ventures.September 25, 2011.RetrievedMay 22,2014.
  20. ^"Estonian-founded start-up ZeroTurnaround raises USD6 million in funding".Estonian World.March 5, 2014.RetrievedMay 22,2014.
  21. ^Aviva, Gat (March 9, 2014)."ZeroTurnaround raises $6M this year".GeekTime.RetrievedMay 23,2014.
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