Friday, July 27, 2012

Andreessen Horowitz Keeps Eating The Software World With $11.2 Million Investment In JavaScript Framework Company Meteor

MeteorMeteor, the company behind an application development framework of the same name, today announced $11.2 series A funding from Andreessen Horowitz, with Matrix Partners also contributing. The investment follows Andreeseen Horowitz' record breaking $100 million investment in Github. The Meteor framework is free and open source and can be used for creating rich, Google Docs style applications in the browser. The developer preview launched last April. The company plans to monetize the product by selling enterprise support and services.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/amRzSJvHzX8/

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