Zend Raises Another $9 million - For What?
Zend, one of the lead commercial PHP vendors, today announced that they have received another $9 million in venture capital funding, led by Greylock Partners.
While that certainly sounds like good news on the surface - an open source vendor getting money etc - Zend isn't exactly a startup still is it? Zend has been a successful (as far as I can tell) vendor for over 6 years.
According to Zend, they had record sales in 2009, adding 4,000 news customers. They now claim to have more than 1 million registered users for its PHP solutions which include the Zend Studio IDE and Zend Server PHP efforts.