Bungee Labs is a web-based development platform that allows developers to more easily build and release web applications. It entered into beta last May and is now fully open to the public.

The platform centers around Bungee Connect, in which applications are put together and tested. Using Connect is free; Bungee begins charging only for services used once the app is released for commercial use.

Several other services compete with Bungee at various levels, including Zoho Creator, Coghead and Microsoft’s Silverlight.

The $8 million funding was reported first by peHUB, and is Bungee’s third. It was provided by Noth Bridge Venture Partners, Venrock and Wasatch Venture Fund. The company operates out of Orem, Utah.

Tags: , , , ,
Trackback URL

  1. Bungee Labs consigue 8 millones said:

    [...] han conseguido 8 millones de dólares en financiación por parte de North Bridge Venture Partners, Venrock y Wasatch Venture Fund. Bungee [...]

  2. MarketWatch Weekly Updates 20080318 - CGC Market Watch - 华创资本(China Growth Capital) said:

    [...] 网络应用开发平台Bungee Labs融资 800万美元,Bungee Labs提供的服务让开发人员能够更方便快捷地开发基于Web的网络应用。本轮投资的投资人包括Noth Bridge Venture Partners,Venrock Associates以及Wasatch Venture Fund(link) [...]