WaveMaker Software raises $4.5M for web development tools

Anthony Ha | April 15th, 2008

Wavemaker Software, which offers open source visual tools for web development, has raised $4.5 million in a new round of venture funding. Hummer Winblad Venture Partners, Worldview Technology Partners and Sippl Investments all participated.

The San Francisco startup has created an Ajax development platform based on the Spring, Dojo and Hibernate open source projects. Its offerings include both a free version and a premium enterprise license.

Roger Sippl of Sippl Investments, previously chief executive of Informix Software, is joining Wavemaker’s board.

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  1. April 16th, 2008
    2:54 am

    WaveMaker recibe 4,5 millones said:

    [...] la compañía que ofrece herramientas visuales de código abierto para el desarrollo web ha recibido 4,5 millones de dólares en una nueva ronda de financiación en la que participaron Hummer Winblad Venture Partners, Worldview Technology [...]

One Comment

  1. April 16th, 2008
    7:20 pm

    Bob DeCecco said:

    Anthony, I read your blog about WaveMaker and thought you may be interested in sharing our recent announcement at EclipseCon about our move to become the defacto standard for model centric development leveraging Eclipse framework, as well as becoming the FIRST Certified Partner to leverage Spring Source.

    Source - 451 Group
    Analyst: Vishwanath Venugopalan
    Sector: Enterprise Software »»
    Date: 16 Apr 2008

    Event summary
    1. Skyway Software has announced a new version of its visual application development platform. The product, known earlier as Skyway Visual Workspace, has been renamed Skyway Visual Perspectives.
    2. Skyway Visual Perspectives has moved from internally developed design and runtime environments to an Eclipse-based IDE and a runtime based on SpringSource’s Spring Framework.
    3. Skyway’s business model will now revolve around providing support for an enterprise edition of Skyway Visual Perspectives. The company has 14 existing customers.

    The 451 Take:
    We are happy that Skyway’s new release leverages Spring Framework and Eclipse, two particularly influential forces in the Java developer community these days. Aimed as it may be at junior software developers, we think these technological underpinnings can provide a viable path for these developers to enhance their skills as well as produce an application based on de facto standards, which IT departments can maintain.

    Bob DeCecco
    CFO
    Skyway Sofware, Inc.
    http://www.skywaysoftware.com (main site)
    http://www.skywayperspectives.org (open source beta site)

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