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Heroku

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Cloud Application Platform for developers

San Francisco, United StatesFounded 2007Other B2B Software
Valuation $100–250M Last recorded · 2017
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Heroku and the history behind them.

About Heroku

Heroku operates as a cloud-based Platform as a Service (PaaS) that enables developers to build, deploy, manage, and scale applications. The company was founded in 2007 by James Lindenbaum, Adam Wiggins, and Orion Henry. Initially, the platform was developed to support projects compatible with the Ruby programming platform Rack, but it has since evolved into a polyglot platform. This means it supports a variety of programming languages, including Java, Node.js, Scala, Clojure, Python, PHP, and Go. The founders, all with backgrounds in software and web development, aimed to create a more accessible computing environment by simplifying the deployment process, which was often a significant pain point for developers. Orion Henry, a computer science graduate from UC San Diego, was a principal architect and pioneered the use of Erlang in the company's infrastructure. Adam Wiggins, a co-founder and the former CTO, is also known for creating the Twelve-Factor App methodology, a set of best practices for building web applications. James Lindenbaum, a serial entrepreneur with a focus on product development and user experience, was instrumental in shaping the brand and its products.

The company's core business revolves around providing a fully managed platform, which frees developers from the complexities of infrastructure and server management. Heroku's platform runs applications in virtual containers called "Dynos" on a reliable runtime environment built on Amazon Web Services (AWS). Revenue is generated through a subscription-based, pay-as-you-go model where customers are charged based on their usage of computing resources like RAM and the number of Dynos. Heroku serves a wide array of clients, from individual developers and startups to large enterprises, offering different tiers of service, including Heroku Enterprise, which provides enhanced security, team collaboration, and dedicated support. A key milestone in Heroku's history was its acquisition by Salesforce in December 2010 for approximately $212 million. At the time of the acquisition, Heroku supported only the Ruby language. Post-acquisition, Heroku expanded its language support significantly and integrated deeply with the Salesforce ecosystem.

Heroku's product suite is designed to streamline the entire application lifecycle. The platform offers a developer-centric experience with tools like the Heroku Command Line Interface (CLI) and an intuitive dashboard for managing apps, monitoring performance, and scaling resources. Key products include Heroku Postgres (a managed SQL database service), Heroku Redis (an in-memory key-value data store), and Heroku Connect, which facilitates data synchronization between Heroku Postgres and Salesforce organizations. The Heroku Elements Marketplace provides a wide range of add-ons and third-party services, allowing developers to extend their applications' functionality with features like monitoring, caching, and logging. For enterprise clients, Heroku offers Private Spaces for network-isolated environments and Heroku Shield for building applications in regulated industries that require high compliance.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2007
Headquarters
San Francisco, United States
Employees
140
Open positions
None listed
Dealroom signal
60.4/100
Industry
Enterprise Software
Sector
Other B2B Software, Developer Tools, Coding, Platform, YC W08
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2010 $212M $212M Salesforce —
SERIES B✓Equity / VC May 2010 $10M $40M Baseline Ventures · Ignition Partners · Redpoint · Harrison Metal —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Heroku website traffic

Latest recorded traffic for Heroku is 1.1M monthly website visits, down 15.4% over the last three months. Heroku's team declined 1.4% over the past year.

Latest monthly visits1.1M 3-month web change-15.4% 1-year team growth-1.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A5 investors entered at this stage

Other known investors2 additional known investors

Team profiled 83 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
16 countries with
team presence
🇺🇸 United States76%
🇦🇷 Argentina7%
🇩🇪 Germany2%
🇮🇳 India2%
🇯🇵 Japan2%
Top 5 of 16 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Heroku on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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