Wednesday, June 20, 2012

WebSocket Acceleration Startup Kaazing Raises $17 Million To Power Real-Time Communications

Kaazing_Proc_2colorKaazing was founded in 2007 to improve real-time and interactive communications over the web. Its solution to the problem was to back a technology that would enable a "full-duplex pipe" between participants, rather than the legacy infrastructure that required a request and response between two users. It placed its bet on the HTML5 WebSocket protocol, which its founding team also helped design. Well WebSockets have recently became a standard and as a result is gaining wider browser support. With the market now coming to it, Kaazing has raised a new, $17 million round of financing to attack the nascent opportunity for using WebSocket technology to power the future of real-time communications. Today, the company has 50 employees, but it's looking to expand that number by another 15-25 employees, mainly with plans to build out its new platform-as-a-service business, as well as to improve real-time communications over mobile networks.

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