Commercializing a Campus Creation
| December 13, 2007 |
The work done on Raju Pandey's computer research project at UC Davis between 2003 and 2006 produced the expected trove of top-drawer students who cranked out three doctoral and three master's theses.
It also generated the foundation for one of the more promising tech companies the region has recently produced – so promising that it brought in more than $12.5 million in venture funding in less than two years.
Pandey leveraged his research to co-found SynapSense Corp., a Folsom startup that developed a system of remote sensors to help rein in the burgeoning power drain exerted by electricity-hungry computer data centers.
By Clint Swett - cswett@sacbee.com
Full Story: http://www.sacbee.com/103/story/551934.html
(Many thanks to http://NASVF.org for passing this and many other great stories along. They have an excellent newsletter which I recommend to anyone interested in economic development. Russ)
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