PHP Leader Enters U.S.
Market
Zend Technologies Raises $8M Series C Funding, Establishes U.S.
Headquarters
Private Equity Fund Of Funds CUPERTINO, Calif.--(BUSINESS WIRE)--July 19, 2004--Zend
Technologies, Inc., the PHP Company, today unveiled aggressive
plans to expand its burgeoning business as a provider of products
for developing, deploying and managing business-critical Web
applications. The Company announced it has established itself as a
U.S. business, raised $8 million in Series C funding, and rounded
out its veteran management team. Zend plans to replicate the
success it has achieved in Europe and Asia where the company
already enjoys significant
market presence.
Zend's Family of Products are used by 6,000 customers in more than
50 countries. Zend is uniquely positioned within the Web
application platform space being founded in November 1999 by Zeev
Suraski and Andi Gutmans the creators and ongoing innovators of
PHP, and the developers of the open-sourced Zend
Engine, the heart of PHP. Over
15 million Web sites are using PHP, making it the most popular
Web application language today.
FF&P Private Equity provides its clients with the opportunity to invest in the equity of high growth, unquoted companies whose objective is to generate attractive returns through the subsequent listing, or trade sale, of these companies. FF&P Private Equity invests typically â5 million to â25 million of equity per transaction and places particular emphasis on backing commercial managers with a track record in successful execution of business plans and enhancing shareholder value. //www.ffandp. equity.
Curve Equity Exposed Fund "The number of enterprises using PHP technology to build their
business critical Web applications is growing dramatically," said
Doron Gerstel, President and CEO of Zend. "Zend is in a unique
position to address today's enterprise requirements offering an
ecosystem of products, services and
partners, necessary for developing, deploying and managing
enterprise class PHP applications." Gerstel continued, "At this
juncture, Zend is excellently positioned for significant growth
with an extensive customer base, top tier strategic partners, a
seasoned executive team, strong venture backing and massive
community support due to Zend's founders role as the creators of
PHP."
PHP, the premier language for Web development, and Zend Platform, the most comprehensive solutions for PHP production environment, seamlessly collaborate to make BEAM.TV the leader in digital asset management, archiving and online distribution of media. With Zend s solutions, BEAM.TV has achieved the ability to scale and localize as needed, while ensuring high performance and effortless pinpointing of problems in the site.
Equity Income Funds New Funding, Expanded Management Team
The main market movement today can be attributed to the US equity markets rebound after Teusday's large sell off.
Capital Casebook Equity Today Azure Partners and Index Ventures joined Zend's existing
investors, Platinum and Walden Israel to close the company's Series
C $8 Million investment. This latest round of funding will be used
for continued PHP innovation, product development and marketing and
to expand Zend's sales and channel support.
With the US and European equity markets taking another hit yesterday and with the problems in the credit market, the carry trade unwind is now fully rearing its head.
Private Investment In Public In addition to Zend's newly established U.S. headquarters in
Cupertino, Calif. in the heart of Silicon Valley, the Company also
announced that it has rounded out its executive management team
with the addition of Pamela Roussos as vice president of marketing.
Zend will leverage Roussos' strong experience leading teams of
engineers and marketing professionals and growing successful
businesses to expand its presence worldwide. Roussos has held
executive level positions at Consera Software, Rational Software,
Pure Software, and other leading technology companies.
is wholly owned by Dimensional Associates, Inc., the private equity arm of JDS Capital Management, Inc.
Equity Mutual Funds Growing with Product Innovation and Customer
Momentum
Birmingham Contact Equity Zend is widely used today within Global 1000 organizations to
develop, deploy and manage their enterprise-class Web applications.
Brand name customers include Bausch & Lomb, Deutsche Bank,
Disney, Lufthansa, Electronic Arts, Sprint and Boeing.
Private Equity Investment Firm According to Noah McCollam, the web developer of The American
Legion, "Zend products are the most comprehensive solutions
available today for supporting the entire lifecycle of our
business-critical Web applications built on PHP. The robust PHP Web
application language, and the set of products that Zend delivers to
compliment PHP, is an unbeatable combination for building dynamic
enterprise Web applications that are robust, maintainable and
extensible."
Complying Deal Equity Funds Today, in separate announcements, Zend unveiled new versions of
its Zend Studio and Zend Performance Suite products, in addition to
a major, much anticipated upgrade to the PHP language, PHP5
(Editors note: See separate announcements). The Zend Family of
Products is a comprehensive platform for developing, deploying and
managing dynamic, business-critical Web applications and is the
only commercial solution that fully supports the entire lifecycle
of PHP applications.
Equity Msn Private Wyoming About Zend Technologies, Inc.
American Equity Investment Zend Technologies, Inc., the PHP Company, is the leading
provider of products and services for developing, deploying and
managing business-critical PHP applications. Zend and its founders
are the creators and ongoing innovators of PHP, which is used by
more than 15 million Web sites and has quickly become the most
popular language for building dynamic Web applications. Deployed at
more than 6,000 customers worldwide, the Zend Family of Products is
a comprehensive platform for supporting the entire lifecycle of PHP
applications. Zend is a privately held, venture funded company
based in Cupertino, California. For more information, please visit
www.zend.com, or call 1-408-253-8800.
Equity Index Funds Zend, Zend Technologies, Zend Store, Zend SOS, Zend.com and/or
the logos and icons associated with each of these names are
trademarks of Zend Technologies Inc. and may be registered in
certain jurisdictions. All other trademarks are the property of
their respective owners.
Equity Private Team Wyoming Contacts
Equity Group Investment
Zend Technologies, Inc.
Pamela Roussos, 408-253-8800
psr@zend.com
Email: sales@zend.com
US: 1-877-ZEND-PHP
Germany: 0-800-182-7184
Int'l: +972-3-613-9665
or
Kulesa PR, Inc.
Angelique Faul, 650-340-1987
angelique@kulesapr.com
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