Boston Java productivity tool firm ZeroTurnaround announced Tuesday it has raised $3 million in venture debt funding and hopes to add around 40 new employees in the Boston area in 2014.
The newfound debt funding comes from California-based Western Technology Investment, which was previously a backer of Google and Facebook, according to BetaBoston.
This additional round comes nearly two months after ZeroTurnaround raised $3 million in equity from Boston-based investment branch Bain Capital Ventures.
The company's hallmark product, JRebel, allows developers to skip the restarting step after code changes are made when working with Java.
The company, founded in Estonia in 2007, opened a sales office in Back Bay in late 2011. In the past years, ZeroTurnaround has grown its stateside team to 60 employees. The firm also keeps two offices in Estonia and one in Prague.
