LinkCycle is an American technology company that offers energy management software to manufacturing companies. LinkCycle uses data analysis techniques on available data streams to determine the energy usage for the production lines and machinery in a manufacturing facility. This "virtual audit" technique is a substitute for current time-consuming, manual techniques that give energy managers visibility into significant energy uses: (1) electricity meter devices and (2) energy audits. In 2013, LinkCycle participated in the Boston chapter of TechStars, a startup accelerator, and has been recognized by several publications for its potential to make energy management affordable and expedient for large manufacturers.[1]
Formation | 2010 |
---|---|
Founder | Alex Loijos; Bradley McLean |
Type | Private |
Purpose | Energy management software, Environmental resources management, Data science |
Headquarters | Cambridge, Massachusetts |
Region | Worldwide |
Website | https://www.linkcycle.com/ |
LinkCycle is currently based in Boston, Massachusetts, United States.
Awards and endorsements
editPrior to TechStars, the company received initial seed funding for its performance in three business plan competitions sponsored by MIT:
- 2011 LinkedData Prize, MIT 100k Entrepreneurship Competition (co-winner with two other companies) [2]
- 2011 Deployment Category Winner, MIT Clean Energy Prize [3]
- 2011 MIT Global Challenge Development Grant, MIT Global Challenge [4]
The company has received endorsement from Tim Berners-Lee, who judged the 2011 LinkedData Prize competition and is a leading advocate of linked data applications.[5] The U.S. Department of Energy, which sponsored the MIT Clean Energy Prize, said the start-up displayed a “combination of technical prowess and passion for problem-solving.” [6]
References
edit- ^ “Startup Watch: 5 to Follow (March 5-12).” Boston Business Journal. March 5, 2013. Retrieved November 12, 2013.
- ^ Chu, J. (May 12, 2011). “Waste-conversion startup Sanergy bowls over competition.” MIT News Office. Retrieved January 10, 2012.
- ^ Chandler, D. (May 10, 2011). “Institute teams dominate Clean Energy Prize.” MIT News Office. Retrieved January 10, 2012.
- ^ “LinkCycle” MIT Global Challenge. Retrieved January 10, 2012.
- ^ MIT 100K Entrepreneurship (May 15, 2011). “Tim Berners-Lee announces Linked Data Prize winners.” YouTube. Retrieved January 9, 2012.
- ^ Moore, D. (May 6, 2011). “Meeting the next generation of energy entrepreneurs at MIT showcase.” U.S. Department of Energy Blog. Retrieved January 9, 2012.