Zipline Labs Reinvents Money Transfer by Leveraging Rackspace Managed Cloud

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Rackspace DevOps Automation Service Helps Money Movement Mobile App Scale for App Store Launch

SAN ANTONIO – June 16, 2015 - Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that Zipline Labs, a mobile money movement platform, is leveraging Rackspace Managed Cloud and DevOps Automation Service to power its application and API. With continuous deployment and monitoring, Zipline achieves optimal uptime and performance so it can deliver a seamless, real-time messaging experience to users.

Released in the Apple App Store and Google Play in May 2015, Zipline is a mobile app that aims to make sharing money with friends as easy as sending a picture. The app is the first bank-compliant messaging platform that connects directly to users’ bank accounts, allowing them to send and receive gifts and reimbursements, in groups or individually, in real time and for free.

“When people download our app, they typically download it with a friend or group of friends, and they want to see their conversation happening in real-time, including any money transfers,” said Kirk Bowman, founder of Zipline Labs. “Therefore, high availability and performance are our primary concerns at Zipline. Rackspace DevOps Automation Service allows us to achieve the depth of scale needed for our application to perform quickly and consistently, and the breadth of scale needed for our application to maintain uptime as it grows exponentially with our recent release on the iOS and Android app stores. And with Fanatical Support®, we have access to a group of experts who operate as an extension of our IT team with extensive knowledge of our business and application.”

According to an IDC report, “IDC predicts 2015 will be a tipping point for the mobile payment industry as standardization and technological innovation in hardware and security measures drive greater adoption. As this industry matures, there will be greater convergence of mobile payment solutions with cloud, data analytics and social technologies, generating new business value proposition and unique industry-specific use cases for businesses and merchants.”1

While many startups view devops as an option for the future, Zipline was built on Rackspace DevOps from its inception, ramping up its first API in 2014. Rackspace DevOps Automation Service allows Zipline to standardize efforts like infrastructure deployment to achieve faster innovation, accelerated time to market and improved development quality, so it can scale as the app’s user base grows without compromising performance.

As a small startup, Zipline field-tests its application by pushing new code into production and making necessary updates as it receives feedback in real time. Rackspace DevOps tools and support help Zipline achieve real-time commit histories by deploying fixes to any problem identified in the server environment in a matter of seconds.

“Zipline has revolutionized the way we think about sharing money by enabling it to move at Internet speed and between multiple groups of people,” said Prashanth Chandrasekar, GM of Rackspace DevOps. “This type of application requires powerful technology and expertise to make it successful. DevOps is iterative, constantly evolving and updating in real time like many born-on-the-cloud companies, so it is the perfect fit for businesses like Zipline that want an IT methodology conducive to the pace of their growth. With Rackspace DevOps Automation Service, Rackspace manages these DevOps tools so our customers can focus on innovating and growing their core businesses.”

To learn more about how Zipline Labs uses Rackspace DevOps, see their post on the Rackspace Blog.

[1] Source: IDC, Mobile Payments — Where Do We Go from Here?, doc #AU245779, January 2015 

About Rackspace
Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies.  Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents.

Forward Looking Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or operational results related to any particular customer or customers of our customers associated with our hosting solutions; any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.  Risks, uncertainties and assumptions include issues relating to the performance of a customer’s configuration caused by forces outside of the control of Rackspace; changes in the economy, technological and competitive factors, regulatory factors, and other risks that are described in Rackspace Hosting’s Form 10-Q for quarter ended March 31, 2015, filed with the SEC on May 11, 2015. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Media Contact:
Monica Jacob

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