Funding can be hard to find these days, but three CEOs in the brave new world of the “Internet of things” (IoT) have been as innovative in raising funds as they have been in envisioning their businesses. Learn about alternative forms of financing at The Venture Forum’s December 9 meeting with Paula Beauregard of Edge Velocity Corporation, Jonathan Clark of Sine-Wave Technologies and Dan Leary of PowerOwners. They will share their stories with moderator David Bonneau of Enginasion, a name derived from “Engineers with Imagination.”
From routing cars around heavy traffic to fitness bands that track your most productive time of day, the Internet of things is the concept of connecting devices with on/off switches to the Internet and to each other. Projections for 2020 forecast more than 26 billion connected devices around the world.
Meeting in WPI’s Kinnicutt Hall in Salisbury Laboratories this month, The Venture Forum will begin at 5:30 with networking and food. The program will be underway at 6:30 p.m. Read more about this month’s speaker line up:
Since co-founding Edge Velocity Corporation in 2004, Paula C. Beauregard has guided this innovative wireless mesh technology company into commanding positions in first responder, transportation and government markets. Working closely with key customers such as the Fire Department of New York City (FDNY) and partners like Raytheon, Beauregard has managed the company through an exciting period of technical and application development, market penetration and sales growth.
Named in August 2014 to the Inc. 5000 list of fastest growing U.S. companies, Edge Velocity was the third fastest growing New Hampshire company, the 21st fastest growing telecommunications equipment provider and was 953 on the overall Inc. 5000 list. Since gaining that recognition, Edge Velocity was named in October as the #1 fastest growing woman-led company in New Hampshire by Business New Hampshire magazine, and ranked #4 as the top 10 fastest-growing women led companies in Boston by Inc. Magazine. Prior to her leadership at Edge Velocity, Beauregard served as Vice President of Business Development for Third-Rail Broadband Wireless Systems, and Northeast Channels Manager for Legato Systems, an EMC Corporation company.
Jonathan Clark founded Sine-Wave Technologies, Inc. in 2005 to provide a massively scalable, universal platform for the Internet of Things and M2M wireless -- independent of network provider and hardware. Veteran software architect and multiple patent holder for technologies focusing on real-time content analysis and linguistics, Clark was previously the CTO of Lionbridge Technologies, responsible for design, development and deployment of natural language systems. Clark is a visionary who has spent his career developing enterprise software to simplify the complex.
Daniel P. Leary is the co-founder of the PowerOwners, a company that delivers performance verification services to owners and investors in solar energy assets. Prior to founding the PowerOwners, Dan founded NexGen Energy Solutions in 2006 which was later acquired by Nexamp, Inc. in December 2007. Under Leary’s leadership, Nexamp grew to 65 employees, constructed over 20 MW of solar and other renewables capacity, and developed over 50 MW of utility-scale solar plants. Leary additionally was the inventor and co-founder of PanelClaw, Inc. in 2007, a leading solar panel mounting provider that supports over 500 MW of deployed solar assets in North America and Europe, including many of the largest rooftop solar plants in the United States.
Prior to pursuing private enterprises, Leary held the rank of Captain and served as a company commander with the United States Army, specializing in healthcare infrastructure and construction management. He earned his master of business administration at the Isenberg School of Management, University of Massachusetts, Amherst and a bachelor of science in biological engineering at Cornell University.
Moderator David F. Bonneau is president of Enginasion where he heads up a four-member engineering resource team that solves technical problems related to manufacturing automation, product development, process control and Internet of things. Their services include electronic, mechanical, and software engineering that support clients from concept to production. Enginasion works with clients on many diverse technologies including: GE Smart Grid, military oxygen life support, Homeland Security, surgical lasers, pharmaceutical imaging, genetic engineering and inhaled insulin.
In 1977, Bonneau graduated from UMass as an electrical engineer and then partnered with his father at Bonneau Automation Systems. In 1986 BAS was purchased by the L.S. Starrett Co. where he was head of electronic product development for three and a half years. After his tenure at Starrett, he started Industrial Automation Systems which is now Enginasion. Bonneau has 14 patents in textile and pharmaceutical processing. He has appeared as a baritone soloist, actor and percussionist throughout New England.
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