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Rails Boxcar

Developer ToolsRuby on Rails hosting (subscription hosting product) 2009

A Ruby on Rails hosting product built by web agency Planet Argon, whose product line was acquired by Blue Box Group in August 2009 so the agency could refocus on client work.

Financial Data

Asking Price
Undisclosed
Sale Price
Undisclosed
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

This database tracks 211 Developer Tools exits, and the ones that disclosed a price sold at a median of $25,000. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.

See how this compares across the market on our market stats page, or browse more Developer Tools exits.

Exit Timeline

Exit Date
August 2009
Platform
Direct acquisition

Tech Stack

Ruby on Rails
Source
Other