Cupertino-Based Zend Technologies Lands $20 Million in Fourth Round

Cupertino, Calif. -- Zend Technologies, a Cupertino-based provider of products and services for developing and managing applications written in the open-source PHP language, said on Monday that it has landed $20 million in its fourth round of venture capital funding. The round was led by new investor Greylock Partners, and included participation by previous investors Azure Capital Partners, Index Ventures, Intel Capital, Platinum Venture Capital, SAP Ventures and Walden Israel Venture Capital. Zend said that the funds will allow it to more rapidly expand into new geographic markets, as well as accelerate its product development activities and 
http://www.zend.com/company/zend_news/announcements/2006/08/zend_technologies_receives_20_million_in_series_d_funding