Zend Technologies

Zend Technologies, the Cupertino start-up that sells software to develop Web sites based on the popular PHP scripting language, has raised $20 million in a fourth round of venture capital.
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I have been working with PHP since last 7 years or so and it is great to see PHP getting more and more acceptance and popularity. Robust applications are being built with PHP now saving thousands of dollars, even some of our clients have managed phenomenonal savings and speedier execution by adopting PHP.