Here at Xconomy, we know something about the great investor-entrepreneur relationships that are often behind the best companies: not only are we a startup ourselves, we write about the venture capital and startup scene every day. And as you may have heard, together with the National Venture Capital Association and the MIT Museum, we are … Continue reading “Buy Your Ticket Now for VC65 on April 6 and Get a Free Copy of Bill Draper’s Book, The Startup Game”
Category: Boston
Thinking Phone, Seeing Big Opportunity in Cloud Communications, Is Amping Up Headcount
Imagine if your business phone system could track your employees’ sales actions, help you consolidate offices, connect you with offshore manufacturing facilities, and make your mobile phone act like an office landline. Cambridge, MA-based Thinking Phone Networks is aiming to do that (and more) with its cloud-based communications platform. It’s a somewhat crowded space, but … Continue reading “Thinking Phone, Seeing Big Opportunity in Cloud Communications, Is Amping Up Headcount”
CardioFocus Receives $5,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=96e102fb-7b37-40f7-811b-ddc590be7dce&Preview=1 Date 3/21/2011 Company Name CardioFocus Mailing Address 500 Nickerson Road Marlborough, MA 01752 Company Description CardioFocus, Inc. is a privately held medical device company based in Maynard, Massachusetts. The company is developing, manufacturing and marketing proprietary, disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of … Continue reading “CardioFocus Receives $5,000,000 New Funding”
Synageva BioPharma Lands $25,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6164edc4-70de-4c42-a5a8-ff9bb155da9b&Preview=1 Date 3/21/2011 Company Name Synageva BioPharma Mailing Address 128 Spring St. Lexington, MA 02421 Company Description Synageva BioPharma’s goal is to improve the lives of patients with rare and ultra rare diseases (diseases that affect less than 200,000 and 10,000 patients respectively) by providing access to breakthrough protein therapeutics. Our team … Continue reading “Synageva BioPharma Lands $25,000,000 New Funding Round”
Zynga Scoops Up Floodgate Team
San Francisco-based social gaming giant Zynga announced today it has acquired the team from Waltham, MA-based game studio Floodgate Entertainment. Financial details weren’t given, but the deal is Zynga’s 10th announced acquisition in as many months (including Cambridge, MA-based Conduit Labs, which is now Zynga Boston). Floodgate is led by a number of employees from … Continue reading “Zynga Scoops Up Floodgate Team”
Alnylam CEO: Tekmira Accusation of Trade Secret Misuse was a “Big Surprise”
Alnylam Pharmaceuticals CEO John Maraganore found out his firm was getting sued by one of its business partners for more than $1 billion when an e-mail arrived in his inbox a few minutes after a press release on Wednesday. This was a bombshell, to say the least. The CEO of Vancouver, BC-based Tekmira Pharmaceuticals said … Continue reading “Alnylam CEO: Tekmira Accusation of Trade Secret Misuse was a “Big Surprise””
Tekmira-Alnylam Lawsuit Centers on Drug Carrier Particles
Cambridge, MA-based Alnylam Pharmaceuticals (NASDAQ:[[ticker:ALNY]]) has been working with Tekmira Pharmaceuticals (TSE:[[ticker:TKM]]) of Vancouver, BC, since at least 2006 on getting its gene-silencing drugs into cells to treat diseases. But the partnership has gone sour. Tekmira has filed a lawsuit that is seeking what could amount to more than $1 billion from Alnylam. Alnylam, founded … Continue reading “Tekmira-Alnylam Lawsuit Centers on Drug Carrier Particles”
Date Set for Key Meeting on Vertex Drug
The FDA said it has set April 28 as the date of an advisory committee meeting on Cambridge, MA-based Vertex Pharmaceuticals’ (NASADAQ:[[ticker:VRTX]]) application for approval of its experimental hepatitis C drug telaprevir. The agency has a track record of often, but not always, following the recommendations of such advisory groups. Vertex is seeking approval of … Continue reading “Date Set for Key Meeting on Vertex Drug”
HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue”
They are the “Mad Men” of the future—the guys (and gals here in the 21st century) at marketing-tech companies like HubSpot, Constant Contact, DataXu, BzzAgent, Demandware, and Performable. I’m not a big fan of the show, so I won’t take the analogy much further. But perhaps Brian Halligan, the co-founder and CEO of Cambridge, MA-based … Continue reading “HubSpot CEO Brian Halligan on M&A Strategy, Lessons from PTC and Groove, and Boston as the “Next Madison Avenue””
RSA Security Suffers Cyber Atttack
RSA Security, a Bedford, MA-based division of EMC (NYSE: [[ticker:EMC]]), said yesterday it was the target of an “extremely sophisticated cyberattack” that resulted in digital information being extracted from RSA’s systems. At least some of the data breach is related to RSA’s SecurID two-factor authentication products, which are used widely by companies and governments. RSA … Continue reading “RSA Security Suffers Cyber Atttack”
Alnylam Settles One Lawsuit, Hit With Another; Living Proof Raises $16M, Tolerx/GSK Drug Fails to Meet Goal, & More Boston-Area Life Sciences News
New England’s biotech attorneys must be working overtime, if the week’s headlines are any indication. —Cambridge, MA-based Alnylam (NASDAQ:[[ticker:ALNY]]) announced it had settled a long-standing legal dispute over the so-called Tuschl I and Tuschl II patent families. The suit, which involved key players in the field of RNA-interference including Alnylam, Max Planck Society, the University … Continue reading “Alnylam Settles One Lawsuit, Hit With Another; Living Proof Raises $16M, Tolerx/GSK Drug Fails to Meet Goal, & More Boston-Area Life Sciences News”
Illume Gets $2.4M to Stop Distracted Drivers
Needham, MA-based Illume Software, maker of the iZUP mobile app, announced it has raised $2.4 million in new financing from the Massachusetts Technology Development Corp. and individual investors. As we’ve previously reported, Illume’s software aims to stop people from talking or texting on their mobile phones while driving. The company started in 2009 and has … Continue reading “Illume Gets $2.4M to Stop Distracted Drivers”
How to Enchant Your Way to Tech Success, Kawasaki Style
You’re a technology entrepreneur—more power to you. You’ve built a great product that solves a real problem—congratulations. Unfortunately, that’s only half the battle. Maybe even less than half. Now you have to make the world believe in you and your product. That’s the part of entrepreneurship that many innovators and startup founders aren’t prepared for. … Continue reading “How to Enchant Your Way to Tech Success, Kawasaki Style”
Still River Systems Garners $11,498,989 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=402228e3-857e-49cc-bc1b-f0435e2a4415&Preview=1 Date 3/18/2011 Company Name Still River Systems Mailing Address 300 Foster St Littleton, MA 01460 Company Description Still River Systems is dedicated to providing physicians and their patients access to high quality, cost-effective proton therapy solutions, and to helping establish this superior treatment modality as a standard of care for patients … Continue reading “Still River Systems Garners $11,498,989 New Financing”
Ariad Opts to Sell Cancer Drug with Merck
Ariad Pharmaceuticals (NASDAQ:[[ticker:ARIA]]), a Cambridge, MA-based developer of cancer drugs against specific biological targets, said today that it has taken its option to co-promote its experimental drug ridaforolimus with its partner Merck & Co. (NYSE:[[ticker:MRK]]) for treating soft tissue and bone sarcomas. As part of Ariad’s license deal with Merck in May 2010, it has … Continue reading “Ariad Opts to Sell Cancer Drug with Merck”
EntropySoft Raises $3.5M to Up U.S. Presence
French software firm EntropySoft, which has U.S. headquarters in Cambridge, MA, said yesterday it has closed $3.5 million in new financing led by Alven Capital. EntropySoft, which makes business software for managing data and documents between different content management systems, said it will use the money to boost its technology, expand its sales team, and … Continue reading “EntropySoft Raises $3.5M to Up U.S. Presence”
Myomo Follows “Path of Perseverance,” Rolls Out Next-Gen Robotic Arm System for Stroke Patients
A rehab-robotics startup out of MIT is getting a second lease on life. And if the company succeeds in reaching the masses with its latest effort, a lot of stroke patients might just feel the same way. Myomo, a Cambridge, MA-based rehabilitation and medical tech firm, announced this week it has rolled out version 2.0 … Continue reading “Myomo Follows “Path of Perseverance,” Rolls Out Next-Gen Robotic Arm System for Stroke Patients”
Former Boston Scientific Exec and UCSD Physician Team Up at Startup Topera Medical
Here’s an interesting development involving figures in the medical devices scenes of Boston and San Diego. Topera Medical, a secretive startup launched in 2008 in San Diego, has established a new headquarters in the Boston area to develop a catheter system for rapidly identifying the source of irregular heart rhythms in each patient. The Lexington, … Continue reading “Former Boston Scientific Exec and UCSD Physician Team Up at Startup Topera Medical”
Speedbump App Alerts Parents To Teen Speeding, But Keeps Mum on Good Behavior
If teen drivers were given the choice between the thrill of speeding or the freedom from parents knowing their every whereabouts, they’d choose the latter. Or at least that’s the assumption that Lunenberg, MA-based father-son startup WirelessESP is betting on with its new mobile app, Speedbump. “It sets up that psychological game,” says Dick Fischer, … Continue reading “Speedbump App Alerts Parents To Teen Speeding, But Keeps Mum on Good Behavior”
EntropySoft Obtains $3,500,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51615b02-877e-4d52-ab3f-e1dec820d10d&Preview=1 Date 3/17/2011 Company Name EntropySoft Mailing Address 185 Alewife Brook Parkway Cambridge, MA 02138 Company Description EntropySoft aims to become the undisputed global leader for connectivity and interoperability by providing the best software for connectivity and content transfers. Website http://www.entropysoft.net/cms Transaction Type Venture Equity Transaction Amount $3,500,000 Transaction Round Undisclosed Proceeds … Continue reading “EntropySoft Obtains $3,500,000 New Round”
Tekmira Sues Alnylam for $1 Billion, Accusing Partner of Misusing RNAi Trade Secrets
[Updated 10:40 am ET, with Alnylam response] Tekmira Pharmaceuticals, the Vancouver, BC-based maker of technology to deliver RNA interference therapies, has filed a lawsuit against Cambridge, MA-based Alnylam Pharmaceuticals seeking damages of more than $1 billion because of what Tekmira’s CEO calls “relentless and egregious” misappropriation of trade secrets. Tekmira filed the legal complaint (see full … Continue reading “Tekmira Sues Alnylam for $1 Billion, Accusing Partner of Misusing RNAi Trade Secrets”
Bluebird Bio Inks AFM Development Deal
Cambridge, MA-based Bluebird Bio, a gene therapy company, said today it has signed an agreement with the French Muscular Dystrophy Association (AFM) to develop a treatment for beta-thalassemia (a genetic blood disorder) and sickle cell anemia. The deal is worth $1.4 million upfront, plus as much as $2.8 million in credit to manufacture clinical trial … Continue reading “Bluebird Bio Inks AFM Development Deal”
SustainX Scores $14.4M from GE, Others
West Lebanon, NH-based SustainX, an energy-storage startup out of Dartmouth College, said today it has received $14.4 million in financing from GE Energy Financial Services and other investors including Cadent Energy Partners, Polaris Venture Partners, and Rockport Capital. SustainX, which started in 2007, uses compressed air in above-ground vessels to store energy in an efficient … Continue reading “SustainX Scores $14.4M from GE, Others”
Innovation Has Deep Roots That Require Constant Tending
In the 15th century, British noblemen decided that they needed brighter colors for their coats of arms to help their armies more easily distinguish them on muddy battlefields. They naturally approached suppliers in their own nation. But when British tradesmen refused to accept this innovative approach to their traditional ways, the noblemen turned to Germany, … Continue reading “Innovation Has Deep Roots That Require Constant Tending”
Harvest Power Hauls In $51.7M Led by Al Gore’s Investment Firm
This is one of the bigger cleantech deals we’ve seen around the country. Waltham, MA-based Harvest Power, a waste-to-energy startup that’s building a plant near Vancouver, BC, said today it has raised a $51.7 million Series B financing round led by Generation Investment Management, a London-based firm co-founded by Al Gore and David Blood. New … Continue reading “Harvest Power Hauls In $51.7M Led by Al Gore’s Investment Firm”
What’s Next for Skyhook Wireless? Location Tech for Games, E-Books, and, Yes, Android Phones
Skyhook Wireless may have won the audience favorite vote during the “location smackdown” at Xconomy’s Mobile Madness conference last week, but people in the tech-business community are still wondering: what’s next for the firm? Boston-based Skyhook, founded in 2003, is a pioneer in location-positioning technology for mobile devices. The company’s software determines the precise location … Continue reading “What’s Next for Skyhook Wireless? Location Tech for Games, E-Books, and, Yes, Android Phones”
World Energy Backs Retroficiency, American Superconductor Gets Finnish Firm, BuyWithMe Buys LocalTwist, & More Boston-Area Deals News
This week’s deal news spanned companies working on marketing, energy, daily deals, medical devices, and beauty products. —Retroficiency, a Boston-based software-as-a-service firm focused on energy efficiency, announced it had raised $800,000 in funding from Worcester, MA-based energy management services firm World Energy (NASDAQ: [[ticker:XWES]]). Angel investors, including Jean Hammond and Jill Preotle, also provided funding … Continue reading “World Energy Backs Retroficiency, American Superconductor Gets Finnish Firm, BuyWithMe Buys LocalTwist, & More Boston-Area Deals News”
SustainX Obtains $14,400,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f83c327e-7115-45e8-bb77-0da99d154571&Preview=1 Date 3/16/2011 Company Name SustainX Mailing Address 7 Commerce Ave. West Lebanon, NH 03784 Company Description SustainX is an energy storage technology developer whose solution is cost effective, low maintenance, non-toxic, and highly efficient. The technology is being developed to provide a solution for enhancing the value of renewable energy, commercial … Continue reading “SustainX Obtains $14,400,000 New Financing”
Harvest Power Lands $51,700,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d707e734-c978-4eed-802b-3fe7f9b1e585&Preview=1 Date 3/16/2011 Company Name Harvest Power Mailing Address 610 Lincoln St 3rd Floor Waltham, MA 02451 Company Description Harvest’s superpowered products and capabilities give us the opportunity to create a new life-cycle for organics. We assist communities with source separation programs, build renewable energy facilities and utilize our best-in-class technologies to … Continue reading “Harvest Power Lands $51,700,000 Series B Round”
Illume Software Receives $2,377,696 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa5f6a7b-5cc4-4661-ba9f-6d010d4c0a46&Preview=1 Date 3/16/2011 Company Name Illume Software Mailing Address 9 Damonmill Square Concord, MA 01742 Company Description Illume Software develops solutions that leverage location to power high-value applications and services. Our first product, iZUP, offers a responsible solution to cell phone-related distracted driving. iZUP harnesses the power of GPS, the pervasiveness of … Continue reading “Illume Software Receives $2,377,696 New Funding Round”
iSend Receives Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16ab38fb-fe9e-4a8a-b4b0-6f2a96f555ca&Preview=1 Date 3/16/2011 Company Name iSend Mailing Address 680 Main St Watertown, CT 06795 Company Description A privately held company, iSend was founded by Steven LaBella and is located in Watertown, CT. iSend is a leading provider of international electronic payments from the United States to Mexico, Central and South America, and … Continue reading “iSend Receives Series B Financing”
NovaTract Surgical Lands $150,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d9c6ca5-756c-4b4f-bf0f-ad11a13183d1&Preview=1 Date 3/16/2011 Company Name NovaTract Surgical Mailing Address 401 Winchester Ave. New Haven, CT 06511 Company Description The company is developing new innovative medical devices to address the growing field of Single-Port Laparoscopic Surgery and Natural Orifice Transluminal Ambos Coptic Surgery (NOTES). Website http://www.novatract.com Transaction Type Venture Equity Transaction Amount $150,000 … Continue reading “NovaTract Surgical Lands $150,000 New Funding”
Greenleaf Biofuels Receives $150,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5eebd282-1654-4485-9cb0-d99e0f87af16&Preview=1 Date 3/16/2011 Company Name Greenleaf Biofuels Mailing Address 87 Whitfield St. Guilford, CT 06437 Company Description Founded by industry pioneer, Gus Kellogg, the Company is committed to producing American made biofuels from recycled waste materials that will not only help secure our energy independence, but also provide for a cleaner environment. … Continue reading “Greenleaf Biofuels Receives $150,000 New Funding”
Alnylam, UMass, and Others Settle RNAi Patent Litigation
[Updated 3/15/11, 2:28 pm ET. See note below] Litigation concerning key patents involved in the development gene-silencing drugs known as RNA-interference therapies has been settled. Cambridge, MA-based Alnylam Pharmaceuticals (NASDAQ:[[ticker:ALNY]]), a developer of RNAi therapies, said today that the firm and all others involved in the lawsuit over certain rights to the Tuschl I and … Continue reading “Alnylam, UMass, and Others Settle RNAi Patent Litigation”
OmniGuide Nabs $3.5M
Cambridge, MA-based OmniGuide, a provider of laser-based medical devices, has raised $3.5 million in an equity round of funding from nine investors, an SEC filing shows. The company, whose chairman is Analog Devices (NYSE: [[ticker:ADI]]) co-founder Ray Stata, raised $249,999 in September 2009 and $1.8 million that May.
VBrick Sets Up Boston Office to Tap Into Area Talent Pool, Looks to Expand Online Video Streaming Services
VBrick Systems, a Wallingford, CT-based provider of technology for the live streaming of video content online, is expanding its footprint in New England. The company, founded in 1998, is adding an office in Boston, where it hopes to have 10 employees by the end of the quarter and 20 employees by the end of the … Continue reading “VBrick Sets Up Boston Office to Tap Into Area Talent Pool, Looks to Expand Online Video Streaming Services”
Edimer, Third Rock’s Bet on Rare Diseases, Aims to Begin First Human Tests
Edimer Pharmaceuticals wants to break new ground in the treatment of patients with an ultra-rare genetic disorder called X-linked hypohidrotic ectodermal dysplasia, or XLHED. And the small venture-backed operation based in Cambridge, MA, is tapping the talents of some of the area’s rare disease veterans to try to pull it off. The firm, with primary … Continue reading “Edimer, Third Rock’s Bet on Rare Diseases, Aims to Begin First Human Tests”
Living Proof Shines With $16M
Cambridge, MA-based Living Proof, a maker of beauty products developed using advances in material science, announced it has snapped up $16 million in a Series B funding round, to put toward product distribution and new R&D efforts. The money comes from Piper Jaffray Merchant Banking and Polaris Venture Partners, which founded Living Proof with MIT … Continue reading “Living Proof Shines With $16M”
Monster.com Touts New Image of Mobile Apps and Social Networking for Job Seekers at SXSW
There’s a new face at South by Southwest (SXSW) this week. It’s Monster.com, the Maynard, MA-based employment and job search site that’s making its first-ever appearance at the weeklong mega-gala in Austin, TX. Monster.com is powering the “SXSW Hiring Hub,” an online portal for job listings posted by companies and other organizations attending South by … Continue reading “Monster.com Touts New Image of Mobile Apps and Social Networking for Job Seekers at SXSW”
Nimbit Grabs $1.25M
Framingham, MA-based Nimbit, a provider of online music marketing services, announced it has raised $1.25 million in two rounds of funding from its current investor group, to put toward expanding its product team and developing a direct-to-fan marketing product. CommonAngels, LaunchCapital and Mike Dreese, co-founder and CEO of the Boston-area music and entertainment retailer Newbury … Continue reading “Nimbit Grabs $1.25M”
March Mobile Networking with Mobile Monday, DrinksOnTap, MassMobile
Bring the mobile app you’ve been working on to show off at this meetup of developers, or just come for the networking. Register here for the free event (which has a cash bar).
American Superconductor Buys Finnish Power Firm for $265M, Looks to Become $1B Company
A New England energy giant is making big strides overseas. Devens, MA-based American Superconductor (NASDAQ: [[ticker:AMSC]]) said today it plans to acquire The Switch Engineering Oy, a power technologies firm based in Finland, for 190 million Euros (about $265 million) in cash and stock. The deal is expected to close by the end of August. … Continue reading “American Superconductor Buys Finnish Power Firm for $265M, Looks to Become $1B Company”
Biotech Tuesday
This monthly biotech networking event, first launched in 2002, draws a crowd of roughly 150 to 200 people each meeting. Be sure to register ahead of time if you want to attend these events and stay up to date on upcoming sessions. Sign up for this meeting here, or pay the $20 entrance fee at the … Continue reading “Biotech Tuesday”
Where Are Tomorrow’s Blockbuster Biotech Drugs Coming From? You Might be Surprised
The San Francisco Bay Area has a storied tradition as the birthplace and leading hub of biotechnology, but something curious has happened the past couple years. Most of the scientifically groundbreaking, medical-textbook rewriting, financially lucrative new biotech drugs of the 21st century are coming from somewhere else. This dawned on me last week as I … Continue reading “Where Are Tomorrow’s Blockbuster Biotech Drugs Coming From? You Might be Surprised”
Gaming Not Just for The Hardcore, Boston’s Talent Pool is Hot, and More Takeaways from MIT Sloan’s Business In Gaming Conference
Thursday’s Business in Gaming conference, put on by MIT’s Sloan School of Management, showed me that gamers aren’t afraid to say what they really think. And that Facebook is really stirring debate in the industry, as it is in communication, commerce, advertising, and almost anything else we can think of. I caught a lot of … Continue reading “Gaming Not Just for The Hardcore, Boston’s Talent Pool is Hot, and More Takeaways from MIT Sloan’s Business In Gaming Conference”
Living Proof Garners $16,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85a0210e-5fb3-48c1-9c10-727917003ab0&Preview=1 Date 3/14/2011 Company Name Living Proof Mailing Address 63 Rogers St Cambridge, MA 02142 Company Description Living Proof, Inc. provides materials and products for hair care in the United States. It offers straight making no frizz styling sprays, creams, and treatments; and wave shaping curl defining no frizz styling sprays, creams, … Continue reading “Living Proof Garners $16,000,000 Series B Financing”
Entretech Forum: Biomedicine: Riding and Surviving the Biotech Funding Roller-Coaster
This panel will bring together experts on investing in biotech to discuss the funding ups and downs of the past few years. Launchpad Venture Group and Mass Medical Angels are among the firms that will be represented, so register online to hear them dish.
BuyWithMe Acquires LocalTwist, Goes Head-to-Head Vs. Tippr While Lawsuits Simmer
This is not just another consolidation of local-deal sites. This is a life-and-death struggle for third place behind Groupon and LivingSocial (for now anyway). This is BuyWithMe vs. Tippr, Round Two. New York- and Boston-based BuyWithMe said today it has acquired LocalTwist, a daily-deals site that is active in Seattle and San Diego, and soon … Continue reading “BuyWithMe Acquires LocalTwist, Goes Head-to-Head Vs. Tippr While Lawsuits Simmer”
Mobile Madness 2011: The Photo Gallery
Thanks again to everyone who joined us for Mobile Madness 2011: Getting Down to Business on Wednesday at Microsoft’s New England Research & Development Center in Cambridge, MA. As I mentioned yesterday in my post-event recap, the capacity crowd was in lean-forward, close-listening mode as leaders of the mobile scene in New England and beyond … Continue reading “Mobile Madness 2011: The Photo Gallery”
AC/DC Controversy of the 1880s Applies to Natural Gas Today: Reflections After 2011 MIT Energy Conference
In the 1880s, Thomas Edison was locked in a battle with the legendary inventor Nikola Tesla and the entrepreneur George Westinghouse. Edison argued that alternating current was “impractical” and highly dangerous. He supported the demonstration of electrocution of numerous animals to show the press and the public the danger of alternating current. He even went … Continue reading “AC/DC Controversy of the 1880s Applies to Natural Gas Today: Reflections After 2011 MIT Energy Conference”