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DotNetNuke Lands $8 Million Venture Capital Funding

Thursday, February 11, 2010 5:28:00 AM PDT | VentureDeal Staff

San Mateo, California  --  Web software company DotNetNuke has secured $8 million in its second round of institutional venture capital investment.

DotNetNuke has created a Web Application Framework of the same name that is "the largest and most successful open source project native to the Microsoft platform."

UV Partners led the round, which also included August Capital and Sierra Ventures.  The company said that the funding would be used to accelerate its product development and expand its marketing efforts.

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