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Anders Hejlsberg developed TypeScript. Also, he is one of the core members of the development team of C# language. The typescript was first released in the month of October 1st, 2012 and was labeled version 0.8. But, it is developed and maintained by Microsoft under the Apache 2 license. It was designed for the development of a large application.

The current stable version of TypeScript is 3.2 which was released on September 30, 2018. Typescript compiles to simple JavaScript code which runs on any browser that supports the ECMAScript 2015 framework. Also, it offers support for the latest and evolving JavaScript features.

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