New Money, New Code Keep PHP Marching in March
n a sign that the marketplace sees lots of promise in PHP's growth prospects, Zend has completed a new venture capital infusion of $6 million. The latest investment, from venture capital fund Index Ventures, together with previous investors Walden Israel and SFK Technologies, brings to $12 million the total of VC investments in Zend in less than six months, since November 2003. Isreali-based news service Globes Online reports that Zend may actually get $2-3 million more in funding before the round closes. [More...]