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AUTHOR
Sam Dean (1)
SUBMITTED
Jul-2008 (1)
TAG
zend (1)

On the PHP Front, Zend Gets $7 Million in Funding

Providing further evidence that venture capital is continuing to flow to open source and web-focused companies, Cupertino-based Zend has just received up to 7 million dollars from TriplePoint Capital. Zend is a leading provider of products and services for developing, deploying and managing business PHP applications. The move comes right on the heels of another rosy quarter for open source venture capital funding, but maybe there is more to Zend's announcement than meets the eye.