Flotype
closedEmpowering real-time messaging through developer-friendly enterprise technology.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $1.4m | Seed | |
| Total Funding | 000k | ||
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Flotype, Inc. was a venture-backed enterprise technology company established in 2010 by Darshan Shankar, Eric Zhang, and Sridatta Thatipamala. The founding team brought together diverse experiences; Shankar had worked at CardMunch (acquired by LinkedIn), Zhang had a background in development and with Amazon, and Thatipamala contributed experience in mobile research from UC Berkeley. The company participated in the Winter 2011 batch of the Y Combinator accelerator program and is now marked as inactive.
Operating from Berkeley, California, Flotype specialized in developing real-time messaging infrastructure for enterprises. Its business model centered on licensing its enterprise-grade middleware product, called Bridge, to a variety of clients, including social web companies, software enterprises, financial groups, and fleet management services. Alongside its primary commercial offering, Flotype developed and provided NowJS, a free, open-source framework that enabled developers to build real-time web applications using Node.js and JavaScript. For companies requiring enhanced scalability and reliability for their NowJS applications, Flotype offered a product named NowCluster.
Flotype secured a total of $1.42 million in funding over two rounds. An initial seed round of $20,000 came from Y Combinator in October 2010, followed by a larger seed round of $1.4 million in January 2012. This later round included prominent investors such as Andreessen Horowitz, Ignition Partners, InterWest Partners, Salesforce, and Yuri Milner. The company's technology gained traction, with its Bridge platform signing up over 1,000 developers and processing 60 million messages within its first week of launch in 2012.
Keywords: real-time messaging, enterprise middleware, NowJS, Node.js, JavaScript framework, Y Combinator alumni, developer tools, client-server messaging, Bridge API, Darshan Shankar, real-time web applications, enterprise software, venture-backed, Andreessen Horowitz, Ignition Partners, Salesforce ventures, messaging infrastructure, open-source framework, application development, API