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Zend:
Zend Technologies Secures Capital from TriplePoint
July 10, 2008 @ 16:15:36

Zend ("The PHP Company") has just secured more funding from TriplePoint Capital based out of Menlo Park, California.

"The market for commercial web-based applications using PHP technologies is growing very fast in all geographies around the world," said Harold Goldberg, CEO at Zend Technologies. "Zend benefits from its strong position in this market, with an expanding list of major companies as customers and partners. We wanted to ensure that we continue our expansion and are therefore pleased to begin this partnership with TriplePoint Capital, a firm whose innovative approach closely aligns with our strategies in the web application market."

Zend is the company behind the popular Zend Studio IDE and the widely used Zend Framework rapid application development platform.

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