SensioLabs, creator of the Symfony PHP framework, announces the closing
of a $7 million $ financing round from leader CM-CIC Private Capital.
These funds will enable the company, co-founded by Fabien Potencier and
Gregory Pascal, to accelerate its international growth and continue its
PHP language tool development.
Symfony, international leader in professional PHP frameworks
PHP is the most commonly used programming language on the web (75% of
all internet sites). This powerful tool is used by numerous web leaders
such as Facebook, Yahoo! and Wordpress.
Created in 2005 by Fabien Potencier, Symfony is a development framework
used by numerous popular open-source projects (Drupal, phpBB, eZ,
Publish, etc.) and thousands of companies (Dailymotion, Yahoo!,
Blablacar, etc.) worldwide. Adopted by a community of over 100,000
developers, Symfony and its components are downloaded more than a
million times every month and are recognized as one of the most
professional open-source solutions available in PHP today.
SensioLabs, PHP development solutions
Founded in 2012, SensioLabs aimed to help find answers to growing issues
developers and companies encountered with the Symfony framework and PHP
language in their specific applications.
Beyond offering service and support, SensioLabs conceives products
destined for companies and developers, their goal being to improve
quality, deployment and easy management of their PHP applications. The
first solution, SensioLabsInsight, destined to measure code quality in
PHP applications is available in beta version since October 2013.
With six offices throughout France, Germany and the United Kingdom, the
company will develop its overseas activities, namely in the United
States to support the increased use of Symfony in that market.
With more than 80 collaborators, the company earned 7 million Euros in
2013 and anticipates hiring 100 people between now and 2015.
"We have been following the Symfony adventure for several years and
are happy to join Fabien and Gregory in this new stage of development.
We share their keen vision of the continual evolution of the web and
appreciate the quality of their product and entrepreneurial road for the
last 15 years. "Nicolas Meunier, Director of Participation, CM-CIC
" Symfony, developed in France, benefits from strong international
communication. With this investment envelope, SensioLabs can now
accelerate its development." Pascal Mercier, Managing Director, Global
Equities Corporate Finance