Los Angeles Business Journal

Brazilian Company Comes to Santa Monica

By Deborah Crowe Wednesday, August 8, 2012

Realtime, a Brazilian startup that is developing technology for real-time web applications, announced it raised $100 million and had expanded operations to the United States, with offices Santa Monica and New York City.

The São Paulo company, originally called Internet Business Technologies, has developed a language called xRTML, to power mobile web applications such as cloud-hosted messaging systems.