PHP technology developed rapidly Zend completed D round 20 million financing

(CUPERTINO, Canada, August 28, 2006)--Zend Technology, a leading global leader in PHP technology, announced that the company was investing $20 million in Series D-round financing. The investment was led by Greylock Partners, the company's first investment in Zend. Currently, Zend Investors include: Azure Capital Partners, Index Ventures, Intel Capital, Platinum Venture Capital, SAP Ventures, and Walden Israel Venture Capital, these investors are also involved in this round of investment.

"This new investment allows us to expand our emerging markets faster, accelerate our product development and expand our service system to meet the needs of our growing enterprise PHP customers." "As a Zend Technology two co-founder, Andi Gutmans and Zeev Suraski," We are honored that the venture capital company Greylock Partners value the development potential of Zend and are willing to share the growth of the PHP market. ”

Zend also announced that Greylock Partners's Representative Moshe Mor will enter the company's board of directors. On the question of why investment Zend, Moshe Mor said: "Software from the traditional development model to web-based and service-oriented transformation of dynamic language brings tremendous opportunities." "He believes that as the only leader in PHP's dynamic language, Zend has the capacity to realize the opportunities that a transformation brings. He is happy to be part of this team.

Zend is the most typical representation of the success of PHP for business, creating an open source path to PHP that has a profound impact on modern web applications. Around the world, more than 20 million dynamic sites are using PHP, including famous websites such as Yahoo!, and more than half of the ajax-enabled and Web2.0 sites have chosen to apply PHP. In addition, PHP is the language used by enterprises to build service-oriented, creative and hybrid Web services into a new generation of integrated business applications, and is the direction of open source business applications.

The rapid development of PHP in the Asian market has aroused Zend Company's high concern, in China, Zend Company has been with China's leading PHP technology and community software service provider Comsenz Company established a cooperative relationship, from 2006 onwards, the two sides are jointly in Beijing, Shenzhen and other areas to carry out the training of PHP technology. And through the Zend China Technical Support Center official website phpchina.cn Promote open source community construction.

In addition to supporting open source Php,zend, it also provides commercial products and services to software developers and system workers who use PHP. In the recent "Magic Quadrant for EnterPRise application Servers, 2q06", Gartner divides Zend in the challengers Quadrant area, Represents the rapid development of Zend Company.

Noun explanation: About magic Quadrant

"Magic Quadrant for Enterprise application Servers, 2q06" was created by Gartner Corporation on August 4 in 2006. Magic Quadrant is a graphical way to represent a quadrant of the market position for a specific period of time, and according to certain criteria, Gartner is used to describe the location of a business in that particular market. The Magic Quadrant statement is only a research tool and does not encourage the criteria for market action decisions.

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