May 18, 2010

Zend, The PHP Leader, Gets Another $9 Million In Funding


Cupertino, California-based Zend Technologies, which produces products for developing, deploying and managing business PHP applications, today announced that it has received $9 million in venture funding led by Greylock Partners (a current investor), with participation from other Zend investors including Azure Capital Partners, Index Ventures, Intel Capital, SAP Ventures, and Walden. We've covered the company's successful funding history before, and its rise alongside the increasing popularity of PHP.

According to the company, Zend now has more than 1,000,000 registered users. One of its central products is Zend Server, a PHP application server. PHP underlies an increasing number of web applications

Read more at Ostatic

Click Here!