What is Perforce Zend?
Zend, formerly Zend Technologies, is a software company based in Minneapolis, Minnesota, founded in 1999. It specializes in developing and deploying products that assist software developers in managing PHP-based web applications, with Zend Studio being a key offering. The company was acquired in 2019 as part of Perforce's acquisition of its parent company, Rogue Wave Software. This integration positions Zend within a larger software conglomerate, likely enhancing its product development and market penetration capabilities.
How much funding has Perforce Zend raised?
Perforce Zend has raised a total of $44M across 4 funding rounds:
Series C
$8M
Series D
$20M
Series E
$9M
Unspecified
$7M
Series C (2004): $8M with participation from Azure Capital Partners, Walden International, and Index Ventures
Series D (2006): $20M led by Azure Capital Partners, Walden International, Intel Capital, Index Ventures, Sapphire Ventures, and Greylock Partners
Series E (2010): $9M supported by Intel Capital, Index Ventures, Sapphire Ventures, Greylock Partners, Azure Capital Partners, and Walden International
Unspecified (2011): $7M featuring Viola Private Equity
Key Investors in Perforce Zend
Viola Private Equity
Viola Group is Israel's leading technology investment group, managing over $6 billion in assets. The firm supports Israeli entrepreneurs in building transformational technology companies through its multi-strategy investment approach.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute technologies.
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO, partnering with founders with bold dreams to build enduring companies.
What's next for Perforce Zend?
The substantial enterprise-level funding Perforce Zend has attracted suggests a strategic focus on continued innovation and market expansion. With a history of significant investment rounds, the company is well-positioned to leverage this capital for further product development, potential acquisitions, and strengthening its competitive edge in the developer tools and application management space. The recent major strategic investment signals confidence from backers in its future growth and its role within the broader Perforce portfolio.
See full Perforce Zend company page
