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Shortly before I started my posh job here at Mashable as Web 2.0 bloviator, I lived in the world of wannabe freelance journalism, which I often had to supplement with freelance web consultations. I remember many a fruitless search for visual AJAX development tools. One such toolset that has been around a while, though not long under its current moniker, is the open source AJAX visual toolkit Wavemaker.
Formerly known as ActiveGrid, Wavemaker Software has raised, they've announced, $4.5 million in a new round of venture funding, as is being reported by Venturebeat today. Hummer Winblad Venture Partners and Worldview Technology Partners, as well as Sippl Investments all contributed to this round of funding.