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You are here: Home / Realtime lands $100M in funding to actually make the Web real-time

Realtime lands $100M in funding to actually make the Web real-time

As the Web has evolved, so has its speed. We want instant results. We live on autocomplete. We refresh our news streams. And real-time functionality has brought us as close to a constant flux of information as possible.However, a real-time information feed is hardly a site standard yet, and aptly named startup Realtime wants to speed the adoption up. Today, the Brazil-based company announced its U.S. launch as well as a new round of fundraising to the tune of $100 million. The startup has developed a proprietary technology that it says will take us from the ‘real-time Web’ to the ‘live Web.’Founder André Parreira tells me that the team founded Realtime after seeing that the Internet as we currently know it is working with a rather old infrastructure. “Near-real-time solutions such as AJAX, Comet, and other can become costly and don’t actually offer real-time,” he tells me. “Also, with the rapid expansion of mobile devices that are connecting to the Internet and constantly sending and receiving data, it’s clear that a solution to use less bandwidth and dispatch information faster and more efficiently is a true need that Realtime can surely answer to.”That all sounds well and good, but how… Read full this story

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