Hedgehogs.net Selects Kaazing HTML5 WebSocket Technology to Address Real-Time Financial Market Data and Transactional Infrastructure

Jun 18, 2010, 12:03 ET from Kaazing

MOUNTAIN VIEW, Calif., June 18 /PRNewswire/ -- Hedgehogs.net, the social marketplace and content eco-system for the financial community, today announced a partnership with Kaazing, the leading innovator in HTML5 WebSocket technology, to enable Hedgehogs.net to deliver streaming market data and transactional messaging through HTML5 WebSocket technology.  Utilizing Kaazing's WebSocket Gateway, Hedgehogs.net will be able to provide its customers with complete browser support, while improving data delivery and real-time performance.

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By implementing Kaazing's technology solution, and embracing open standards, Hedgehogs.net is able to provide the first and only hosted open market for both contributors and subscribers within the emerging boutique finance industry. Hedgehogs.net is committed to driving forward the "Software-as-a-Service" (SaaS) approach for financial application deployment, making "enterprise-class" infrastructure capabilities available to financial boutiques as a managed service.

"We chose Kaazing for their technical leadership, flexible architecture and commitment to the HTML5 standard," said Ken Yeadon, Chief Executive Officer of Hedgehogs.net. "This rapid integration demonstrated Kaazing's superior architecture, and that their technology truly delivers the lowest latency, highest performance and scalability compared with numerous other solutions. Furthermore, their dedication and attentiveness to our needs made them a clear choice when evaluating a technology for this new social market place."

Kaazing WebSocket Gateway, with its patent-pending WebSocket Acceleration™ technology, is the only solution in the marketplace today that facilitates full-duplex bi-directional web communication, making it possible to seamlessly and reliably extend any TCP-based messaging protocol to the Web without buying expensive new hardware. Kaazing WebSocket Gateway enables Hedgehogs.net to seamlessly navigate firewalls and proxies to make service deployment much easier and improve customer satisfaction.

"We are proud to be partnering with Hedgehogs.net as the Web communication solution for their social real-time market place," said Jonas Jacobi, co-Founder and CEO of Kaazing.  "Our Kaazing WebSocket Gateway continues to deliver value for our customers.  Our commitment to HTML5 standard ensures that our customers are perfectly positioned for the future, freedom from technology lock-in."

The use of Kaazing's WebSocket Gateway in the context of a professional social community platform will serve as a showcase for the capabilities of HTML5 WebSockets. The collaboration will enable both parties to exploit standards based real-time web communication and extend the boundaries of what is possible within the browser.

About Hedgehogs.net

Powered by Elgg, the leading open source social engine technology, Hedgehogs.net provides a online collaboration framework for the investment community, including a "social marketplace" where participants can use, build, commission and trade content, analytics and applications built for market participants by market participants.  The platform democratizes access to investment resources, supports the provision of niche solutions for any specialization, and empowers the investment community to address their own needs.

Join the array.  Register for free at www.hedgehogs.net.

About Kaazing

Founded in 2007, in Mountain View, CA, Kaazing's enterprise grade WebSocket solutions enable businesses to develop online applications without limits. Kaazing's flagship product, the Kaazing WebSocket Gateway, enables highly scalable, full-duplex real-time Web communication based on the HTML5 WebSocket standard. Kaazing enables companies to quickly deploy distributed  and dynamic applications that are massively scalable and significantly reduce operational costs. Using Kaazing's technology, you can seamlessly and reliably extend any TCP-based messaging protocols to the Web with ultra high performance and minimal latency, while dramatically reducing backend infrastructure and operational-costs.

For more information, please visit Kaazing's web site at: http://www.kaazing.com

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About Thematic Capital

Thematic Capital is an investment partnership focused on bridging the gap between financial markets, social media technologies and trading infrastructure.  

A private equity and venture capital fund, Thematic Capital invests selectively in new and emerging enterprises that apply themselves to the development of the financial markets. http://thematiccapital.com/

SOURCE Kaazing