(CUPERTINO, Canada, August 28, 2006) The world's leading PHP (as the current mainstream development language) technology leader Zend Technology announced that the company has obtained Series D financing 20 million US dollars investment. The investment round was led by Greylock Partners and is the company’s first investment in Zend. Currently, Zend’s investors include: Azure Capital Partners, Index Ventures, Intel Capital, Platinum Venture Capital, SAP Ventures and Walden Israel Venture Capital, all of which also participated in this round of investment.
“This new investment enables us to expand markets in emerging regions faster, accelerate our product development and expand our service system to meet our growing enterprise-level PHP (as the current Mainstream development language)Customer needs” As the two co-founders of Zend Technology, Andi Gutmans and Zeev Suraski said, “Greylock Partners, a venture capital company, values Zend’s development potential and is willing to share php( As the current mainstream development language) market growth, we are very honored. ”
Zend also announced that Moshe Mor, representative of Greylock Partners, will join the company’s board of directors. When asked why he invested in Zend, Moshe Mor said: "The transformation of software from traditional development models to Web-based and service-oriented has brought huge opportunities to dynamic languages." He believes that as php(as Today's mainstream development language) The only leader in dynamic languages, Zend has enough capabilities to realize the opportunities brought about by this change. He's excited to be part of this team.
Zend is the most typical representative of promoting the successful application of php(as the current mainstream development language) to business. It created php which has a profound impact on modern web applications. (As the current mainstream development language) Open source path. Globally, there are more than 20 million dynamic websites using php(as the current mainstream development language), including famous websites such as Yahoo!, and currently more than half of ajax(dynamic Website staticization)-enabled and Web2.0 sites choose to use php (as the current mainstream development language). In addition, PHP (as the current mainstream development language) is also a language used by enterprises to build service-oriented, create and mix web services into a new generation of comprehensive business applications, becoming an open source business The direction of application development.
php(as the current mainstream development language)The rapid development in the Asian market has attracted great attention from Zend Company. In China, Zend Company has cooperated with China's leading php(As the current mainstream development language)Technology and community software service provider Comsenz has established a cooperative relationship. Since 2006, the two parties are jointly developing PHP in Beijing, Shenzhen and other places(As the current Mainstream development languages)Technical training. And promote the construction of open source community through the official website of Zend China Technical Support Center php (as the current mainstream development language) China.cn.
In addition to supporting open source php (as the current mainstream development language) , Zend also supports software developers who use php (as the current mainstream development language) and systems workers to provide commercial products and services. In the recent "Magic Quadrant for Enterprise Application Servers, 2Q06", Gartner classified Zend in the Challengers Quadrant area, indicating Zend's rapid development trend.
Term explanation: About Magic Quadrant
“Magic Quadrant for Enterprise Application Servers, 2Q06” was created by Gartner on August 4, 2006. Magic Quadrant is a quadrant chart that uses a drawing method to represent the market position within a specific time period. According to certain specific criteria, Gartner uses it to describe the position of a merchant in that specific market. Magic Quadrant states that it is a research tool only and is not encouraged as a criterion for market action decisions.
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