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Like the others said, this is written by Kik Interactive (http://kik.com/) which is well-funded.

The idea is that Kik's browser has the PhoneGap-like utilities that you described built-in, while this is a library for building the UI of an application. http://dev.kik.com/

> Not that I can blame the OP, who is likely not a SF startup with millions in funding.

Funding: $27.50M

http://www.crunchbase.com/organization/kik-interactive

It's actually a Canadian startup with millions in funding, but this is not their product. It's the Kik messenger, which has a built-in browser. They provide this library to make making apps for their messenger easier.