Welcome!

Machine Learning Authors: Liz McMillan, Zakia Bouachraoui, Roger Strukhoff, Pat Romanski, Carmen Gonzalez

Related Topics: Machine Learning

Machine Learning : Article

AJAXWorld Charter Sponsor JackBe Closes $9.5M in Funding

The Company That's Putting Enterprise Mashups on the Map

The company that's putting Enterprise Mashups on the map, JackBe, has just received the largest investment in Enterprise Mashup technology to-date: $9.5 million. A charter sponsor of the AJAXWorld Conference & Expo series, JackBe has been taking AJAX to the enterprise in various ways since its foundation in 2001, most especially since the launch of its Presto platform.

The new round comes from Harbert Venture Partners and Core Capital Partners, as well as from existing investors Intel Capital, Darby Technology Ventures and Blue Chip Venture Company.

Presto was launched as JackBe's REA platform - for Rich Enterprise Applications - a year ago. Since then Presto's secure, scalable enterprise-grade architecture has won the company major client after major client, putting it at the forefront of bringing complete AJAX-based solutions to the enterprise.

“Our new platform goes beyond current Enterprise Web 2.0 technologies to help optimize and streamline the actual business activities, increasing the speed and accuracy of decision-making by business professionals,” said JackBe CEO and co-founder Luis Derechin (pictured below speaking at AJAXWorld) last year, as JackBe used the occasion of AJAXWorld Conference & Expo 2006 West to announce what it positioned as "the industry’s most comprehensive solution for delivering enterprise AJAX applications based on SOA and Web services," its Presto REA platform.



“These ’long tail’ composite applications integrate other existing SOA services and processes to address high-value business needs that would not be funded or built based on traditional IT priorities,” added JackBe CTO John Crupi (pictured below speaking at AJAXWorld). 

Proof of concept was not long in coming and by February 2007 JackBe had to close the product beta program due to oversubscription.

“The huge interest in our Presto Beta Program demonstrates the growing market demand for enterprise Web 2.0 technologies that conform to far higher corporate standards for security and governance,” said Derechin in February.  “Companies have made significant investments in establishing SOA infrastructures and are now looking to AJAX technology to accelerate the benefits and ROI.”

Today's announcement continues JackBe's considerable momentum. In late 2005, the company raised $6.5 million in series B funding led by Blue Chip Venture Company. Also participating were Maryland's Department of Economic and Business Development and original JackBe investors Darby Technology Ventures and Intel Capital.

JackBe will giving a technical session at the upcoming SOA World Conference & Expo 2007 West, in which Deepak Alur and Raj Krishnamurthy  will ‘talk the talk’ about Enterprise Mashups, outlining a working model for mashups in the real-world context of the heterogeneous enterprise, introducing and demonstrating a visual mashup interface and flexible declarative mashup language to encapsulate and implement mashups in any enterprise.

More Stories By RIA News Desk

Ever since Google popularized a smarter, more responsive and interactive Web experience by using AJAX (Asynchronous JavaScript + XML) for its Google Maps & Gmail applications, SYS-CON's RIA News Desk has been covering every aspect of Rich Internet Applications and those creating and deploying them. If you have breaking RIA news, please send it to [email protected] to share your product and company news coverage with AJAXWorld readers.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


CloudEXPO Stories
Public clouds dominate IT conversations but the next phase of cloud evolutions are "multi" hybrid cloud environments. The winners in the cloud services industry will be those organizations that understand how to leverage these technologies as complete service solutions for specific customer verticals. In turn, both business and IT actors throughout the enterprise will need to increase their engagement with multi-cloud deployments today while planning a technology strategy that will constitute a significant part of their IT budgets in the very near future. As IoT solutions are growing rapidly, as well as security challenges growing exponentially, without a doubt, the cloud world is about to change for the better. Again.
Using serverless computing has a number of obvious benefits over traditional application infrastructure - you pay only for what you use, scale up or down immediately to match supply with demand, and avoid operating any server infrastructure at all. However, implementing maintainable and scalable applications using serverless computing services like AWS Lambda poses a number of challenges. The absence of long-lived, user-managed servers means that states cannot be maintained by the service. Longer function invocation times (referred to as cold starts) become very important to track, because they impact the response time of the service and will impose additional cost. Additionally, the transition to smaller individual components (much like breaking a monolithic application into microservices) results in a simpler deployment model, but makes the system as a whole increasingly complex.
GCP Marketplace is based on a multi-cloud and hybrid-first philosophy, focused on giving Google Cloud partners and enterprise customers flexibility without lock-in. It also helps customers innovate by easily adopting new technologies from ISV partners, such as commercial Kubernetes applications, and allows companies to oversee the full lifecycle of a solution, from discovery through management.
Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost and increase in speed. Sometimes in order to reduce complexity teams compromise features or change requirements
Using serverless computing has a number of obvious benefits over traditional application infrastructure - you pay only for what you use, scale up or down immediately to match supply with demand, and avoid operating any server infrastructure at all. However, implementing maintainable and scalable applications using serverless computing services like AWS Lambda poses a number of challenges. The absence of long-lived, user-managed servers means that states cannot be maintained by the service. Longer function invocation times (referred to as cold starts) become very important to track, because they impact the response time of the service and will impose additional cost. Additionally, the transition to smaller individual components (much like breaking a monolithic application into microservices) results in a simpler deployment model, but makes the system as a whole increasingly complex.