Mountain View-based start-up Appcelerator has raised $4.1 million in a Series A round led by Storm Ventures. The money will go primarily towards the development of an open source competitor to Adobe AIR, which enables web developers to create applications that look and function more like desktop programs.
Titanium is the first open platform for building rich desktop applications:
- Open source: Titanium is licensed under the Apache Public License (version 2)
- Open desktop: Run your apps on Windows, Mac and Linux (coming soon!)
See some Titanium-powered demos here.