PHP developer Zend completes $10m round

Posted by dave on May 13, 2004 11:30 AM EDT
Globes Online; By Batya Feldman
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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.

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