Web applications company Nexaweb lands $10 million

By Martin LaMonica
Staff Writer, CNET News

Related Stories: Smaller outfits look to Java
June 27, 2005; Nexaweb beefs up Web application tools
March 10, 2004

Nexaweb Technologies said on Monday it has secured $10 million in a second round of funding, which it will use to ramp up its sales and development operations.

Burlington, Mass.-based Nexaweb makes development tools for creating so-called rich Internet applications, or interactive Web programs that have a similar look and feel as traditional desktop applications. Funding came from Egan-Managed Capital, Masthead Venture Partners and Velocity Partners. In addition, the company said that it has named Christian Heidelberger as CEO.

See more CNET content tagged:
applications company, Web application, CEO

Latest tech news headlines

iPhone app developer quits over approval process
Posted in News - Apple by Jim Dalrymple

November 16, 2009 10:47 AM PST
Hulu's backers bicker as Web video soars
Posted in Media Maverick by Greg Sandoval

November 16, 2009 10:45 AM PST
Oxford's word of the year? 'Unfriend'
Posted in The Social by Caroline McCarthy

November 16, 2009 10:05 AM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Dow Jones Industrials (1.43%) 147.15 10,417.62; S&P 500 (1.65%) 17.99 1,111.47; NASDAQ (1.52%) 32.92 2,200.80; CNET TECH (1.06%) 16.75 1,603.92

Inside CNET News

Scroll Left Scroll Right

Wireless
AT&T expands its cloud service
Company's latest cloud-based service lets businesses alter their computing capacity as their needs expand and contract.
Gallery
Photos: Random Hacks of Kindness
Apple
iPhone app developer quits over approval process
Frustration over the App Store approval process led one developer to call it quits and go back to developing only Mac applications.
Beyond Binary
Microsoft testing Excel for supercomputers
At the SC09 conference, Microsoft releases an updated version of Windows Server for high-performance computers as well as a compute cluster version of its Excel spreadsheet.
Video
Exploratorium's shocking 40th anniversary kicks off
Media Maverick
Hulu's backers bicker as Web video soars
Maybe there isn't any money in offering professional TV shows and films online either.
Video
A new workout for the Wii
The Social
Oxford's word of the year? 'Unfriend'
The ubiquitous Digital Age insult, brought into the mainstream with the rise of Facebook, is the dictionary's top term of 2009.
InSecurity Complex
Hackers create tools for disaster relief
At the first-ever Random Hacks of Kindness event, developers work on technology tools that emergency relief workers can use in disasters.
Gallery
Photos: Top-rated reviews of the week
Dialed In Podcast
What's new with Palm WebOS 1.3.1?
Palm releases Web OS 1.3.1 for the Palm Pre with enhanced features and bug fixes.
Green Tech
CEOs endorse 'foothold strategy' for electric cars
The Electrification Coalition of different companies pushes for policies to promote electric vehicles in six to eight regions in the U.S. as a way to build critical mass.