August 27, 2006 9:00 PM PDT

Zend nets $20 million in funding

Zend, which commercializes the widely used open-source PHP software that lets computers create customized Web pages, has received a $20 million boost through a fourth round of funding. Graylock Partners led the round, with contributions from earlier investors such as Azure Capital Partners, Index Ventures, Intel Capital, Platinum Venture Capital, SAP Ventures and Walden Israel Venture Capital, the company plans to announce Monday.

Zend will use the funding to expand internationally and to speed product development, co-founders Andi Gutmans and Zeev Suraski said in a statement. In addition, Greylock partner Moshe Mor has joined the board, the company said.

See more CNET content tagged:
Zend Technologies Ltd., open source

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

ie8 fix

What's Hot

Discussions

Shared

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

ie8 fix