Rollbase (acquired by Progress)

Rollbase is a PaaS-based cloud platform that creates SaaS-based business apps using drag-and-drop tools with minimal coding.

Rollbase was acquired by Progress Software (Nasdaq: PRGS) in June 2013. Now known as Progress Rollbase, the product is a cloud platform that allows rapid creation of software as a service (SaaS) business applications using point & click, drag & drop tools in a standard Web browser with a minimal amount of code. Progress Rollbase can be deployed to any cloud or in-house infrastructure. Founded in August 2007, Rollbase was designed from the ground up as a multitenant metadata-driven cloud application platform with an easy to use declarative programming interface and a unique application creation, customization, serialization and execution framework. Rollbase was initially funded by an angel investment and has been profitable since 2010.