WaveMaker Software raises $4,500,000

WaveMaker Software, Inc. (f.k.a. ActivGrid), a provider of open source visual tools for Web application development, today announced the appointment of Roger Sippl to the Board of Directors. With over 30 years of experience in building and managing enterprise software companies, Sippl will help guide WaveMaker as it continues to expand its Ajax open source Web application development platform. The company also closed $4.5 million in funding this month which will help fuel the continued growth of the company’s developer community.  The WaveMaker Visual Ajax Studio is an open source Web application development platform. WaveMaker helps developers create applications rapidly and without needing specialized technical expertise. The WaveMaker Rapid Deployment Framework is a standard Java server based on the open source Spring, Hibernate and Dojo projects.