Meteor Open Source Project Gets $11.2M Led by Andreessen Horowitz
Meteor helps move much of the guts of Web applications onto users’ phones and computers, rather than their usual place on outside servers. Obviously, it will still be important for apps to connect to the Internet to send and receive data, but the idea is to get them as close as possible to the user, so they can be faster and more responsive.
Actually, it’s the same AH partner in both: Peter Levine, the former CEO of XenSource.
Meteor doesn’t have a full release date yet, but it continues to be developed in public, with authentication being one of the latest projects.
To make money, the team plans to sell complementary tools to large companies that use Meteor.