The investment will supporte the Company's accelerated product development and market expansion. Zend is the leading provider of products and services for developing, deploying and managing business-critical PHP applications. PHP runs 35% of the world's Web sites.
In 2009, Zend added 4,000 new customers, achieved record sales, and expanded into key geographies such as the UK, the Netherlands and India. Zend now has more than 1,000,000 registered users.
"Technology cooperation with IBM, Adobe, Oracle, Microsoft and other industry leaders further enables us to deliver Zend PHP solutions broadly into corporate IT departments where simple yet powerful and scalable solutions for rapid application development are in high demand," said Andi Gutmans, CEO and co-founder of Zend.
Zend offers an end-to-end PHP solution for rapid development, deployment and management of web-based applications. Zend's integrated PHP web solutions include: Zend Framework, an enterprise framework for systematic PHP projects; Zend Studio, a PHP integrated development environment, and Zend Server, the Company's PHP Web application server, which was a primary driver of Zend’s business growth last year as a result of increasing demand.
Zend is headquartered in Cupertino, California, with worldwide operations in France, Germany, Ireland and Israel." (source)
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