Boston based First Wind in contract with Harvard University to supply wind power from its wind turbines in Maine November 9, 2009
Posted by hubtechinsider in renewable energy.Tags: Allston, boston, Cambridge, Harvard University, renewable energy
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Boston, MA-based First Wind recently declared that Harvard University has contracted to purchase half of the power generated by its Stetson II wind project in Maine. First Wind is expected to break ground on the project, an extension of its existing wind farm in Stetson Hill near Danforth, ME, this month. The 15-year contract could supply Harvard’s Cambridge and Allston campuses, which consume nearly 250 million kilowatt-hours of electricity each year, with up to 10 percent of their power needs, the company said, making it the biggest wind-power consumer of any New England university or college.
Adapteva, based in Lexington MA, raises $1.5 Million in a Series A round November 9, 2009
Posted by hubtechinsider in Hardware, Microprocessors, Venture Capital.Tags: Lexington, Microprocessors, Venture Capital
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Adapteva Inc, a Lexington, MA -based maker of programmable, low-power microprocessors for specific niche applications, has raised $1.5 Million in a Series A round of investment led by BittWave.
Get ready for high definition cellular and landline telephone calls November 3, 2009
Posted by hubtechinsider in Fiber Optics, Telecommunications, VUI Voice User Interface.Tags: cellular, Fiber Optics, IVR, Telecommunications, VoIP
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For over forty years, the quality of telephone calls has changed very little. The shift in the 1990’s from analog to digital cellular technology promised crisper quality, but the results never panned out. Struggling with 30% annual increases in cellular traffic, cellular telephone companies used the improved technology to add capacity, not improved quality.
Today the demand for cellular minutes is nearing its zenith, with mature growth levels of only 3% in the past year. Now the relentless advance of digital technology advances in cellular communications can be used for purposes other than simply packing more telephone calls into the cellular airwaves.
To this point in time, the big U.S. carriers plan to use their growing capability to provide all sorts of data services, but eventually, the cost of better sounding voice calls will be too cheap to ignore. Today’s carriers convert telephone calls into 6,000 digital bits per second, a tight squeeze and the major reason telephone calls sound so poor today. In the tiny European country of Moldova, French wireless carrier Orange has now deployed the world’s first high definition cellular telephone network, which uses double the number of bits per second. The highs and lows of the human voice are not so badly mangled using the high definition cellular telephone system.
In the U.S., chipmaker Broadcom is working on new equipment that will allow even better-sounding telephone calls. 32,000 digital bits per second will produce voice quality that is virtually indistinguishable from face-to-face conversation. The technology portends a clear audible improvement over not just ordinary cellular telephones but also landline telephones, which chop off high frequencies, especially above 3 kHz, the frequency range in which much human speech falls into.
Another big problem with cellular telephone calls is the annoying apparent lag that occurs between the moment when one caller speaks and the time his voice reaches the other person’s ear. Many people assume that’s an inherent drawback of cellular telephones, but it is not. Wireless digital cellular signals fly through the air at the speed of light just as they do in optical fiber – the delays come from slow software and circuitous routing. The new Long Term Evolution (LTE) gear set for deployment next year should cut that lag by at least 75%, so much that most human ears won’t notice it anymore.
Landline telephones stand to gain from the same quality advances as well. Orange has already installed 500,000 high definition landline telephones in Europe that use voice over internet technology (VOIP). When this style of telephone connection first hit the scene, it was roundly criticized for its poor sound quality relative to traditional landline telephones, but Orange and other carriers, some of whom are in the U.S. like Vonage, have shown that better technology can close that quality gap and then some. Both cellular telephone and Internet landline telephone calls may soon sound terrific as a result.
Google veteran Jon Steinberg joins Waltham MA based Polaris Venture Partners November 3, 2009
Posted by hubtechinsider in Venture Capital.Tags: news, Venture Capital, waltham
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Polaris Venture Partners, which is based in Waltham, MA, has asked Google veteran Jon Steinberg to be an executive in residence at the venture firm, according to VentureWire. VentureWire also writes that Steinberg, former Strategic Partner Development Manager at Google (NASDAQ:GOOG), will be based in the New York City office of Polaris. Polaris also has an office in Seattle, Washington.
Waltham MA based Axeda raises $9 Million from JMI Equity & MMV Financial November 2, 2009
Posted by hubtechinsider in Cloud Computing, Venture Capital.Tags: waltham, Venture Capital, Cloud Computing, Wireless
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Axeda, the Waltham, MA-based startup that makes a cloud-based system for wireless tracking of company assets, announced this month that it had completed a $5 million Series B funding round led by JMI Equity of San Diego and Baltimore. At the same time, the company announced that it had raised $4 million in venture debt from MMV Financial of Toronto.
Billerica MA based American Science & Engineering scores a $39 million Pentagon contract for X-ray bomb screening systems November 2, 2009
Posted by hubtechinsider in Defense Contracts, Venture Capital.Tags: Billerica, news, Venture Capital
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American Science & Engineering is a Billerica, MA -based outfit that makes X-ray systems that sniff for drugs and weapons. The Pentagon in January 2009 awarded the outfit a $39 Million contract for its rugged trailers that screen suspicious vehicles for bombs.
Waltham based Raytheon completes $350 Million purchase of BBN Technologies, Internet and Boston technology pioneer November 2, 2009
Posted by hubtechinsider in Defense Contracts, Venture Capital.Tags: Cambridge, news, Venture Capital, waltham
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Raytheon Company (NYSE:RTN) has completed its buyout of Cambridge, MA-based BBN Technologies for about $350 million. The amount of the purchase was not disclosed when the Waltham, MA-based provider of defense systems first announced the deal in September 2009. BBN Technologies has meant much to the development of the Internet and the Boston innovation scene over the past several decades.
American Well, Boston based Health Care Startup, raises $10 Million in secrecy November 1, 2009
Posted by hubtechinsider in Health Care IT, Venture Capital.Tags: boston, Health Care IT, Venture Capital
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American Well, a Boston-based company that provides a Web-based system in use by several large health plans to let their members consult with doctors over the Internet, has raised $10 million in new equity funding, according to a regulatory filing with the S.E.C. The documents don’t name the funders in the round, continuing the company’s track record of secrecy around the amount of financing it’s raised and the identities of its investors.
Online Music Video Game Developer Conduit Labs, based in Cambridge MA, raises $3 Million in equity funding October 30, 2009
Posted by hubtechinsider in Gaming, Venture Capital, Video Gaming Video Games.Tags: Cambridge, Gaming, postmortem, Venture Capital, Video Games, Video Gaming, waltham
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Conduit Labs, the Cambridge, MA-based maker of music-driven online games such as Loudcrowd, has collected $3 million in new equity financing, SEC Regulatory documents filed September 15 reveal. Conduit founder and CEO Nabeel Hyatt has publicly stated to a leading technology publication, Mass high Tech, that the funding came from Charles River Ventures of Waltham, MA, and Prism VentureWorks of Westwood, MA; Prism VentureWiorks also provided Conduit’s $5.5 million Series A round concluded in August 2007.
Wilbraham MA based FloDesign Wind Turbines prototypes are 3 times more efficient than 3 bladed windmills October 30, 2009
Posted by hubtechinsider in Venture Capital, renewable energy.Tags: renewable energy, Venture Capital
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Using design features borrowed from jet engine design, Wilbraham, MA -based FloDesign Wind Turbine has produced prototypes capable of producing electricity three times more efficiently than conventional, three-bladed wind mill designs.
In FloDesign’s prototype, two concentric hoops channel air into patterns that create spinning vortexes – like minature tornadoes – as the exiting air passes the turbine blades, dramatically boosting air flow.
Unlike conventional windwills, FloDesign’s model can be transported on one truck, compared with three trucks for conventional wind mills. The new design can produce electricity at lower wind speeds and in the midst of more volatile wind gusts, making it a shoo-in for spots – like beaches and cities – that have hertefore been inhospitable for wind power generation.
Silicon Valley Venture Capital firm Kleiner, Perkins, Caulfield and Byers committed $6 million to the company in 2008. The company also has raised funds from the U.S. Department of energy and hopes to raise an additional $25 million later this year.



