San Francisco - Widgetbox, a provider of Web-based widget application development and distribution tools, has raised $8 million in its second round of venture capital financing, led by Northgate Capital, TechCrunch reported.

Sequoia Capital and Hummer Winblad also participated.

San Francisco-based Widgetbox's service has been used by over 20,000 developers, and hosts nearly 34,000 widgets.

The company claims that 15% of Facebook applications, and 60% of Bebo applications have been created using its service.

Widgetbox will use the funds for marketing, to scale operations, and to develop its revenue-sharing program.

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http://www.widgetbox.com