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Boston-Power, Inc.
SONATA
- Conference
- DEMO 07
- Market Segment
- Enabling technology
- Funding Details
- Seed round: Private investors. Series A, 2006: Venrock and Gabriel Venture Partners, $8 million. Series B, 2007: Venrock, GGV Capital and Gabriel Venture Partners, $15.6 million. Series C, 2007: Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners, $45 million. Series D, 2008: Foundation Asset Management (FAM), Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners, $55 million
- Competitors
- Sony, Sanyo, Matsushita/Panasonic
- Product Description
- Boston-Power's Sonata - the longest lasting, fastest charging, safest and most environmentally sustainable Lithium-ion battery - establishes new performance benchmarks that redefine the portable power space. Initially targeting notebook computers, Sonata delivers like-new performance for three years versus current batteries that start to fade in just three to six months. Sonata's "drop-in" design enables it to be used with existing notebook computers without design changes on the part of notebook computer original equipment manufacturers. The company's patent-pending, whole-system approach means that its technology can be applied to a vast range of end-applications. As a result, total cost of ownership benefits inherent in its notebook computer batteries prove increasingly impressive in cases where even greater power is required. Complementing best-in-class performance, the unmatched safety benefits available from Boston-Power's technology apply whether used in notebook computers and consumer electronics devices or other applications such as hybrid electric vehicles (HEVs). In December 2008, Boston-Power announced HP as the first customer to offer its next-generation notebook computer battery. The HP Enviro Series Program notebook batteries feature the industry’s longest warranty and supports consumer models from the world’s number one provider of notebook computers.
- Market Opportunity
- In 2007, notebooks surpassed desktops to represent the largest share of the person computer market. IDC estimates that worldwide personal computer shipments are expected to rise 13 percent to reach 296 million units in 2008 and would grow about 10 percent in each of the next two years. This growth underscores the great opportunity awaiting Boston-Power as well as notebook computer OEM and their customers.
- DEMO Says
- It’s amazing, really, to think how much influence batteries have in our technology-rich, mobile lives. With headlines announcing recalls and worse, the time has come for better, safer, more environmentally friendly battery technology. Boston-Power brings all that and more to power laptops more effectively. And the company’s roadmap suggests that this very smart startup will impact the design and usability of a range of mobile technology in the years to come.
- Contact
- Dr. Christina Lampe-Onnerud
- info@boston-power.com
- Company Address
-
2200 West Park Dr.
Westborough, MA 01581-3961 - Primary Phone
- 508-366-0885
- Primary Fax
- 508-366-0998
- URL
- www.boston-power.com
- Corporate Officers
- Dr. Christina Lampe-Onnerud, CEO & Founder and Dr. Per Onnerud, Chief Technical Officer and Paul Hallee, CFO and Dr. Rick Chamberlain, Vice President, Engineering
