WaveMaker Software raises $4.5M for web development tools

Wavemaker Software, which offers open source visual tools for web development, has raised $4.5 million in a new round of venture funding. Hummer Winblad Venture Partners, Worldview Technology Partners and Sippl Investments all participated.

The San Francisco startup has created an Ajax development platform based on the Spring, Dojo and Hibernate open source projects. Its offerings include both a free version and a premium enterprise license.

Roger Sippl of Sippl Investments, previously chief executive of Informix Software, is joining Wavemaker’s board.

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Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.