Bungee Labs Takes $8 Million Series C

bungee2.jpgBungee Labs has raised $8 million Series C in a round that included Wasatch Venture Fund and existing investors North Bridge Venture Partners and Venrock Associates.

Orem, Utah based Bungee Labs offers Bungee Connect, a web-based Ajax environment for creating interactive web applications. Bungee Connect allows developers to “efficiently create and instantly deliver rich web applications for the small-to-medium business market” by providing an online environment where developers and clients don’t have to install anything. Bungee Connect also automates SOAP and REST based web services. See our February 2008 review of Bungee Connect here.

Bungee Connect competes with DabbleDB, Zoho Creator, LongJump, Coghead and WyaWorks.

Total funding to date was not available, with the previous rounds having been raised in August 2005 and November 2006.

(via PEHub)