Funambol Buys Zapatec
Funambol Inc., a Redwood City, Calif.-based developer of open-source mobile application servers, has acquired Zapatec Inc., a provider of AJAX web 2.0 frameworks. No financial terms were disclosed. Funambol has raised around $23 million in VC funding, from firms like Nexit Ventures, Castile Ventures, Walden International and HIG Ventures.
5 November 2009•3 mins read
