DotNetNuke Raises Series A Funding To Fuel Framework Adoption

Thursday, November 27th, 2008

Robin Wauters currently works as a staff writer for TechCrunch and lead editor of Virtualization.com. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in Belgium, a tiny country in Europe. He can often be found working from his home or... → Learn More

DotNetNuke Corporation, the owner and maintainer of the open source web application framework that goes by the same name, has raised an undisclosed amount of Series A venture funding from August Capital and Sierra Ventures.

DotNetNuke is a web application framework written in VB.NET, and is used by developers worldwide to create, deploy and manage interactive web, intranet and extranet sites. Its DotNetNuke.com community website has over 630,000 registerered members, and the open source framework (the application is licensed under a single BSD open source license) has been downloaded over 5.5 million times to date.

Details about the amount of funding were not provided, but a blog post on the community site by Shaun Walker (the original creator of DotNetNuke and President/Chief Architect of the corporation) reveals that it took DNN 18 months to close the financing and that it ultimately reflected the ‘market rate for a project of their size and stature’.

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