Zend Technologies, the company started by the founders of the web scripting language PHP, has raised $7 million from TriplePoint Capital for expansion.
The Cupertino, Calif. company makes software that maintains and supports commercial PHP applications. Its last round of funding, for $20 million, was raised in 2006.
Zend’s performance hinges on the success of PHP as a scripting tool. For more on the company and its competition, check out our extensive coverage.
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