|By Business Wire
|January 14, 2013 06:01 AM EST
Arctic Sand Technologies, Inc., a fabless semiconductor company
transforming power management in electronic devices, today announced
that it closed $9.6 million in Series A financing at year-end 2012. A
syndicate of financial investors—including Arsenal
Venture Partners, Northwater
Capital and Ray Stata, and strategic investors, including Dialog
Semiconductor and Energy
Technology Ventures (ETV, a joint venture involving ConocoPhillips,
GE and NRG Energy, Inc.)—awarded the funding to the MIT spin-off, which
is commercializing energy-efficient power-conversion chips for multiple
Arctic Sand’s technology platform targets the $10 billion total
available market for DC-to-DC power-conversion chips, used today to
convert power inside the devices for telecom, datacom, industrial and
mobility markets. The Arctic Sand Transformative Integrated Power
Solutions (TIPS™) platform offers significant improvements over existing
products, reducing energy loss by 50% via solutions a fraction the size
of competitive products.
“A staggering 80% of energy generated worldwide is lost as heat due to
power-conversion losses,” said Nadia Shalaby, PhD, CEO and co-founder,
Arctic Sand. “Such excessive power inefficiency results in both
unnecessary electricity expenses and significantly oversized
distribution and generation in serving the world’s rapidly expanding
computing and data storage needs.”
Dr. Shalaby explained that data centers alone spend more than $50
billion annually on electricity—while emitting more CO2 than
the entire airline industry. “Arctic Sand’s mission is to help rectify
that problem,” she explained. “By cutting power-conversion losses in
half and delivering a smaller solution size within the end products,
Arctic Sand’s technology empowers device manufacturers to recover energy
and space—satisfying the increased functionality demands of their
customers. Backed by our financial and strategic investors, we are
excited to commercialize technology that will deliver energy savings
Arctic Sand Chairman of the Board John Major—a board director at
Broadcom, who has extensive industry experience as former chairman of
Broadcom and former CTO of Motorola—voiced his confidence in the
promising start-up: “Arctic Sand’s prominent investment syndicate,
differentiating IP and world-class management team lay the ground work
for a strong position in the telecom, industrial and mobility markets.”
Kevin Skillern, managing director, GE Ventures, shared corporate and
industry perspectives on Arctic Sand’s value proposition: “GE has a long
history as both a supplier and user of power electronics technology and
has expanded its power electronics business significantly over the past
few years,” said Skillern. “That expertise helped ETV see how Arctic
Sand’s innovations can enable better performance, stronger economics and
reduced environmental impact in a wide variety of applications.”
Mark Tyndall, vice president of business development and corporate
strategy, Dialog Semiconductor, commented on Arctic Sand’s promise: “In
the mobility markets in which we play, the combination of enhanced
energy efficiency with space and cost savings is the perfect mix,” said
Tyndall. “Arctic Sand’s power-conversion platform delivers all of the
above, enabling technological advancements unparalleled in the industry
About Arctic Sand
Founded in 2011, Arctic Sand Technologies is a privately held, fabless
semiconductor company, spun out of MIT, based in Cambridge, Mass. The
company’s power-conversion platform has the potential to transform power
management in electronic devices.
Arctic Sand has already earned numerous prestigious industry
recognitions, including the 2011 NASA Game Changer Award, the US
Department of Energy U-Launch Award and the NREL Industry Growth Forum
Grand Prize Award. The company is also the recipient of the National
Science Foundation’s Small Business Innovation Research Phase 1 grant.
For more information about Arctic Sand, please contact: [email protected].
Arctic Sand and the Arctic Sand logo are registered trademarks and TIPS™
is a trademark of Arctic Sand®. All product and company names are
trademarks or registered trademarks of their respective holders.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130114005432/en/
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation.
In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 7, 2016 04:30 PM EST Reads: 1,670
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT.
In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Dec. 7, 2016 04:15 PM EST Reads: 316
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location.
With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 7, 2016 03:45 PM EST Reads: 2,245
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time.
In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 7, 2016 03:30 PM EST Reads: 1,767
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required.
In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Dec. 7, 2016 02:30 PM EST Reads: 939
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 02:30 PM EST Reads: 4,306
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities.
Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Dec. 7, 2016 02:15 PM EST Reads: 2,193
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Dec. 7, 2016 02:15 PM EST Reads: 3,382
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 7, 2016 02:15 PM EST Reads: 1,110
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 01:45 PM EST Reads: 1,108
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 12:30 PM EST Reads: 630
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York.
The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY.
"The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Dec. 7, 2016 12:30 PM EST Reads: 726
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases.
In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 7, 2016 12:30 PM EST Reads: 844
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
Dec. 7, 2016 12:00 PM EST Reads: 1,120
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 11:30 AM EST Reads: 678
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 7, 2016 11:15 AM EST Reads: 2,295
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Dec. 7, 2016 11:01 AM EST Reads: 217
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 7, 2016 10:30 AM EST Reads: 1,712
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Dec. 7, 2016 10:00 AM EST Reads: 433
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Dec. 7, 2016 09:15 AM EST Reads: 7,258