Popular Power

Popular Power

Infobox Defunct Company
company_name = Popular Power
company_
fate = closed
foundation = January 2000
defunct = March 2001
location =
key_people = Marc Hedlund, CEO
Nelson Minar, CTO
num_employees =
industry = Software development
products = Software

Popular Power was a company founded in January 2000 that sold
distributed computing software for CPU scavenging. The company was led by Marc Hedlund, CEO, and Nelson Minar, CTO. [http://www.popularpower.com/company/background.html]

The "Popular Power Worker" software was a downloadable Java-based application that Internet users could install onto their computers. It allowed users' computers to participate in a non-profit project to develop an influenza vaccine.

Although Popular Power was able to raise $1.6 million in
angel round funding, it was unable to close the venture capital it needed to continue. [http://www.oreillynet.com/pub/d/246] As a result, it had to permanently shut down operations in March 2001.

See also

* Distributed computing

External links

* [http://www.popularpower.com/ Official Web Site] , serving an official notice of the shutdown of the company.
* [http://www.wired.com/wired/archive/8.08/comcomp_pr.html You Got the Power] (Aug 2000)
* [http://www.openp2p.com/pub/a/p2p/2001/03/19/poppower.html OpenP2P: Popular Power Turns Off the Lights] (03/19/2001).


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