Company:WayScript

From HandWiki
WayScript, Inc.
TypePrivate
Founded2018; 6 years ago (2018) (New York)
FounderJesse Orshan, Lane Eden
Headquarters
New York City
,
United States
Area served
Worldwide
Key people
Jesse Orshan (CEO), Lane Eden (CTO)
ProductsWayScript
Websitehttps://wayscript.com

WayScript, Inc. is a software company that offers a cloud-based virtual development environment for building and shipping applications and internal tools. [1]

Although WayScript resembles a low-code development platform (LCDP), it has also been described as a "some-code" platform, because it allows users to get under the hood and write traditional computer code, in addition to using the graphical interface. [2]

History

Development of the WayScript platform began in 2017 while co-founders Jesse Orshan and Lane Eden were attending Harvard Business School [3]. Orshan and Eden were both developers with industry experience building internal tools, who wanted to build a platform that eliminated the pain-points of running these tools in a production cloud environment [4].

WayScript, Inc. was incorporated in 2018[5] and is headquartered in New York [6], with a remote development team across the United States.

Funding

As of 2021, WayScript has raised two rounds of funding, totaling $6.7 million.[7] [8] In 2018, WayScript started with a smaller $1.2 million [9] pre-seed round to start building its engineering team and launch an initial Beta release of the platform [10]. In 2020, WayScript raised a seed round of $5 million, led by Greycroft [1], with participation from Tectonic Ventures, Contour Venture Partners, and angel investors Michael Stoppelman, former SVP of Engineering at Yelp, and Donald Fischer, CEO and Co-Founder of Tidelift. [11]

Founders

WayScript was co-founded by Jesse Orshan, an American entrepreneur and businessman, and Lane Eden, a former Pixar Technical Director and MIT Computer Science alumnus [12], after the pair met at Harvard. [13]

Orshan, a serial entrepreneur, founded his first company, Thinkplay, during his time as an undergraduate at the Cornell University School of Industrial and Labor Relations [14]. Thinkplay was a software application that allowed users to associate audio and video clips with specific notes on a keyboard or a guitar's fretboard and trigger them using a MIDI controller. [15] Thinkplay was backed by Cornell's eLab startup accelerator program. [16] Orshan filed a patent application for the technology developed while working on Thinkplay. [17]

After working on Thinkplay and before attending Harvard, Orshan worked as an Associate at Lux Capital. [18]

At Pixar, Eden worked in the Sets Department on Inside Out, Finding Dory, Software:Cars 3: Driven to Win, Coco, and did procedural terrain generation for Pixar's The Good Dinosaur [19]. [20]

References

  1. ↑ 1.0 1.1 "WayScript" (in en-US). https://www.greycroft.com/companies/wayscript/. 
  2. ↑ Doerrfeld, Bill (2 September 2020). "How ‘Some-Code’ Platforms Perform a Balancing Act". https://devops.com/how-some-code-platforms-perform-a-balancing-act/. 
  3. ↑ Tango, Jo (11 August 2020). "Angel Investment: WayScript". https://jtangovc.com/angel-investment-wayscript/. "Co-Founders Jesse Orshan and Lane Eden met at Harvard Business School and decided to partner to start a new company." 
  4. ↑ Mytton, David (22 March 2021). "Q&A with Jesse Orshan, Co-founder, WayScript - a rapid scripting platform for developers.". https://console.dev/qa/wayscript-jesse-orshan/. "My co-founder and I both came from programming backgrounds in different industries but we had both spent a lot of time building internal scripts and tools. We were building automations, scripts and dashboards. There’s a lot of added complexity that comes through turning that into a production tool. A simple example is a Python script with command line options. If I wanted to turn that into a tool that another person in the company could use, suddenly I have to provision a server, build an interface, actually build the server endpoints and elements, set up a database for credential management and other types of things. Not to mention monitoring, logging, reliability, redundancy, security… It’s so heavyweight for what we were trying to do where really you just want this thing to execute seamlessly in a cloud environment. My co-founder and I thought that there should be a platform that’s just dedicated to making that easy for developers. WayScript gives you a virtual code space where you can put your files, repository or code, and then seamlessly turn them into tools that are executing in a production cloud environment without any real work at all. This allows developers to focus on the core logic of what they’re trying to solve." 
  5. ↑ "WayScript Raises $5 Million to Help Developers Rapidly Build Business Applications". 11 August 2020. https://www.yahoo.com/entertainment/wayscript-raises-5-million-help-115600871.html. "Founded in 2018 by developers Jesse Orshan and Lane Eden, WayScript’s robust platform gives developers customizability and control while supporting all of the popular programming languages, including Python, Javascript, and Java." 
  6. ↑ "wayscript, Inc. SEC Registration". https://sec.report/CIK/0001750171. 
  7. ↑ "WayScript Funding Total" (in en). https://www.crunchbase.com/search/funding_rounds/field/organizations/funding_total/wayscript. 
  8. ↑ Hall, Christine (11 August 2020). "WayScript Powers App Development Platform With $5M Seed Round". Crunchbase News. https://news.crunchbase.com/news/wayscript-powers-app-development-platform-with-5m-seed-round/. "In 2018, New York-based WayScript secured a $1.2 million pre-seed round and a smaller note to give it a total of $6.7 million, Jesse Orshan, co-founder and CEO told Crunchbase News." 
  9. ↑ "Notice of Exempt Offering of Securities". 3 August 2018. https://www.sec.gov/Archives/edgar/data/1750171/000175017118000001/xslFormDX01/primary_doc.xml. 
  10. ↑ Chu, Choco (1 Mar 2020). "9 New No-Code Tools to Keep an Eye on". https://iamchoco.substack.com/p/9-new-no-code-tools-to-keep-an-eye. "It is still in beta and completely FREE for the moment" 
  11. ↑ "WayScript Raises $5M in Seed Funding". FinSMEs. 11 August 2020. https://www.finsmes.com/2020/08/wayscript-raises-5m-in-seed-funding.html. 
  12. ↑ "Lane Eden - Co-Founder / CTO @ WayScript - Crunchbase Person Profile" (in en). https://www.crunchbase.com/person/lane-eden. 
  13. ↑ "WayScript - WayScript raises $5M Seed Round.". https://wayscript.com/learn/wayscript-raises-%245m-seed-round. 
  14. ↑ "An Entrepreneurial Culture | The ILR School" (in en). https://www.ilr.cornell.edu/news/about-ilr/entrepreneurial-culture. 
  15. ↑ DiPietro, Louis (Oct 1, 2014). "Think It, Play It: Three Cornell Grads May Have Developed the Next Big Thing in Music Creation". https://www.ithaca.com/news/think-it-play-it-three-cornell-grads-may-have-developed-the-next-big-thing-in/article_28abd418-4983-11e4-9251-3fb9c07b6431.html. 
  16. ↑ "thinkplay | eLab". https://www.elabstartup.com/thinkplay-audio/. 
  17. ↑ "Virtual audio effects pedal and corresponding network" patent application, issued 2013-05-01
  18. ↑ "Jesse Orshan - Co-Founder / CEO @ WayScript - Crunchbase Person Profile" (in en). https://www.crunchbase.com/person/jesse-orshan. 
  19. ↑ Pertusi, Lane; Quílez, Íñigo; Klocek, Noah (2016-07-24). "Procedural terrains on Pixar's The Good Dinosaur". ACM SIGGRAPH 2016 Talks. SIGGRAPH '16 (Anaheim, California: Association for Computing Machinery): 1–2. doi:10.1145/2897839.2927443. ISBN 978-1-4503-4282-7. https://doi.org/10.1145/2897839.2927443. 
  20. ↑ "Lane Pertusi" (in en). https://www.f6s.com/lanepertusi. 

External links




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