Sonatype Raises $11.6M in Funding

Published On September 13, 2010 |
Sonatype, a Silver Spring, MD-based provider of products and services that help organizations optimize their development process and create a standard development infrastructure, has raised $11.6m in funding.
The round was led by Accel Partners, with participation from current investors Hummer Winblad Venture Partners, Morgenthaler Ventures and Bay Partners.
Combined with the appointment of Wayne Jackson as the company’s CEO, this new investment will enable Sonatype to invest in the innovation accelerate of its software products and cloud-based services.
In conjunction with the funding, Sameer Gandhi, a General Partner at Accel Partners, will join the company’s board.
Sonatype was founded by Jason Van Zyl, the original author of the Apache Maven build and project management software, and the creator of Apache Maven, a software project management and comprehension tool.
In addition to Maven and Maven Central, an open source, cloud-based repository for software distribution, Sonatype is a key contributor to other popular projects including Nexus, a Java community repository manager, m2eclipse, an Eclipse IDE environment optimized for MavenP2, the provisioning platform for the Eclipse IDE.
FinSMEs
13/09/2010

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