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Community News:
Zend Completes $10m Round
May 14, 2004 @ 12:18:02

In a quick link from PHP Magazine to Zend today, there's big news over on the Zend side of things.

Zend Technologies exceeded its $8 million target thanks to a US venture capital fund. Sources inform "Globes" that start-up Zend Technologies is completing its expanded third financing round, with a $4 million investment from a leading US West Coast venture capital fund. When the agreement is signed, expected in a few days, Zend will close the $10 million financing round. Zend had set itself a target of $8 million for the round. Including the present round, Zend will have raised $16 million to date. Read the full scoop.

It's wonderful to see Zend keeping up and staying strong - especially when it means that PHP will keep going strong as well...

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