Two podcasting startups have won venture capital funding, a sign that both the promise and the hype is building for a grassroots broadcasting phenomenon that started just about a year ago. Podshow, led by former MTV host Adam Curry, who helped invent podcasting in July 2004, received $8.85 million in funding from Kleiner Perkins and Sequoia Capital, Private Equity Week reported Wednesday. In another sign of podcasting�s growing stature, eminent Kleiner VCs John Doerr and Ray Lane are joining the company�s board, the publication said. Miami-based Podshow is a project of Mr. Curry and Ron Bloom�s Boku Communications. The second company to announce funding Wednesday was San Francisco-based Odeo, led by repeat entrepreneur Evan Williams, who created the Blogger service which is now owned by Google. Charles River Ventures led the round; the sum was not disclosed. The round also included Amicus Ventures, and individuals including Mitch Kapor, Joe Kraus, Tim O�Reilly, Ron Conway, and HotorNot�s James Hong. Both companies make tools for the creation, distribution, and discovery of podcasts, which are audio files delivered by subscription to RSS feeds.
What was once a simple, unidirectional flow of electricity from centralized power plants to passive consumers is evolving into a complex, intelligent network where millions of distributed resources actively participate in grid operations. This transformation, powered by smart grid technologies, represents one of the most significant infrastructure shifts of our time. It promises to reshape how we generate, distribute, and consume energy. At its core, the smart grid represents far more than mere digitization of existing infrastructure. This bi-directional capability is fundamental to understanding why smart grids are becoming the backbone of modern energy systems, facilitating everything from real-time demand response to the integration of renewable energy sources. Smart Grid Market Development By 2030, smart grid technologies are projected to cover nearly half of the global electrical grid, up dramatically from just 24 percent in 2025. This expansion is underpinned by explosive gr...