LinuxWorld: Zend Raises $20 Million
Aug 29, 2006, 18:45 (0 Talkback[s])
(Other stories by Don Marti)
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"PHP development and support company Zend Technologies Inc.
announced today that it has raised $20 million in series D venture
capital funding. Andi Gutmans, Zend's chief technology officer and
a co-founder of the company, said in an interview Friday that top
priorities for the new investment are Eclipse integration, the Zend
Framework for web applications, and the company's services
organization and European sales force.
"Greylock Partners, a new Zend investor, led the funding round,
and current investors Azure Capital Partners, Index Ventures, Intel
Capital, Platinum Venture Capital, SAP Ventures and Walden Israel
Venture Capital are also participating, the company