Tiny Capital Acquires Meteor, an Open Source Platform for Building JavaScript Apps
Tiny, a Canadian technology holding company, Meteor, a popular open source app and development platform overseen by San Francisco-based Apollo. Using a single codebase, Meteor’s JavaScript App Platform radically simplifies coding for developers building reactive, multi-device experiences for servers, browsers, and mobile devices. Meteor is a complete platform for building web and mobile apps in pure JavaScript.
Since its inception in 2011, Meteor has grown to become one of the leading JavaScript platforms in the world, allowing users to get products to market faster with a turn-key development platform and scalable hosting service, Galaxy. It’s used by startups and large companies alike to power their in-market applications.
“I’m grateful to welcome the Tiny team as the new corporate stewards of the Meteor platform. They have a proven track record of taking great brands, reinvesting in them, and supporting them through to their next phase of growth. Tiny’s plans to invest in Meteor and Galaxy make this exciting news for the Meteor community.” said Geoff Schmidt, CEO at Apollo.
With support from Apollo, Tiny will collaborate closely with the existing team to transition project leadership and pair their deep knowledge of the platform with Tiny’s ambitious plans.
“We’re excited to build on the momentum that Meteor and the open source community around it has created, and are thrilled to invest in the future of such an iconic platform,” added Andrew Wilkinson.
Founded in 2014, Tiny Capital makes investments in both private and public companies. Unlike other venture capitalists, Tiny typically invest in startups that have been in business for at least 3-5 years, have significant profits (minimum $500k, ideally $1MM+, as high as $15MM), and have a high quality team in place. Tiny invests in three group of of companies: Bootstrapped companies with real customers and real profits, startups looking to scale, and startup looking for help to grow their business.
Below is a list of companies Tiny has invested in.
Below is a list of Tiny’s family of companies.