$ 7M investment in symfony and sensiolabs

Today, Fabien Potencier reported that SensioLabs was able to raise € 5 million (about $ 7 million) to be spent on the company's services and consulting, as well as on the development of the Symfony and the ecosystem of the framework.

Fabien notes that, despite the presence of such major players in the PHP world as Automattic, Acquia and Zend, attracting investments of a similar size here is not often the case.

What will change for symfony? Fabien started development of symfony 7 years ago, setting his goal to improve the level of use of PHP in companies and create a framework that implements some of the best programming practices. Therefore, the license will remain the same (MIT), and the developers do not intend to change it in the future or create a shareware version of the framework - in their opinion, this simply does not make sense. For the money received, it is planned to develop the ecosystem surrounding Symfony - bundles (more than 2,200 bundles have already been created) and applications (CRM / CMS / e-commerce made with Symfony), as well as to improve development tools using the framework.

In addition to investing in Open Source, SensioLabs plans to hire another 60 developers next year to develop the company's services around the world, including creating SaaS products (for example, the upcoming SensioLabsInsight ), and here the main goal of the company is to improve the quality of modern tools. PHP development.
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News source: fabien.potencier.org , sensiolabs.com