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Ten leading technology companies, along with venture capitalists Kleiner Perkins Caufield & Byers (KPCB), raised $100 million last week for the Java Fund to help start-up companies develop products based on Sun Microsystems Inc.'s Java programming language.
"It's a tremendous validation of Java as a platform," said Kim Polese, CEO of Marimba Inc., a start-up company that was given $4 million by the fund.
"It's another indication Java is a platform and not just a programming language," Polese said.
Marimba was founded by four of Sun's original Java developers and builds tools for Java programmers.
Michael Palmer, an associate at KPCB, said 70 percent …