Popular_Power

Popular Power

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.

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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. As a result, it had to permanently shut down operations in March 2001.

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