Web platform maker Kaazing raises $1M

Kaazing, which offers a platform for creating and deploying web applications, has raised $1 million in a first round of funding. The investors have not been disclosed.

The Mountain View, Calif. startup says its Enterprise Comet platform, which will be further developed with the new funding, can build applications ranging from online trading systems to RFID/GPS tracking systems. Chris Shipley named Kaazing one of the top 10 companies that presented at DEMO earlier this year, and predicted it would be acquired by Microsoft or Sun.

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Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.

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