Andreessen Horowitz Keeps Eating The Software World With $11.2 Million Investment In JavaScript Framework Company Meteor
Meteor, 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 Andreessen 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. A preview was released last April. The company plans to monetize the product by selling enterprise support and services. Meteor was founded by ActBlue co-founder Matt DeBergalis, MixApp co-founder Nick Martin and early Asana employee/MixApp co-founder Geoff Schmidt. David Greenspan, who co-founded AppJet (the company behind EtherPad) and went on to work on Google Wave, is another early employee. These are guys who know how to build richly interactive, real-time web apps. And they know painful it can be to develop modern, desktop-like apps for the browser. It takes a lot of work to b...