App-Dev Company Lands $17.9M - InformationWeek

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App-Dev Company Lands $17.9M

Curl, which makes application-development software used by companies such as Siemens, has closed a $17.9 million round of venture funding. Tech investors Baker Capital and Equity Group Holdings led the fourth round.

Curl's software is used to build and run Internet apps that use desktop processing power. Its Surge software consists of a proprietary programming language, development tools, and a run-time environment. Curl emerged from an MIT project funded by the Defense Advanced Research Projects Agency in '98.

The investment brings Curl's total funding to about $60 million. Senior VP of finance Pam Hart says the company will use the money to add sales and marketing personnel to its staff of 60 and for marketing programs.

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