Bill Gates backs power grid networking startup Varentec

Katie Fehrenbacher's avatarGigaom

Startup Varentec, which makes hardware and software that can dynamically control the flow of electrons at the edges of the power grid, has raised a new round of $8 million in funding from Bill Gates and current investor Khosla Ventures. Gates is a limited partner in Khosla Ventures’ fund, and it’s not uncommon for Gates to invest alongside Khosla in promising startups like in liquid metal battery company Ambri.

Internet and telecom networks routinely re-route data when paths get clogged or broken. But for the power grid — which is only just now getting upgraded with digital technology — it’s a different story and this tech is not readily available. This type of technology would be particularly important for the power grid as utilities add in solar and wind power, which is unpredictable in nature (the sun only shines and the wind only blows at certain times).

Varentec…

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Nas Launches New Clothing Line, HSTRY

jourdainracing's avatarJourdain Racing

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In conjunction with multimedia, design and merchandise hybrid Grungy GentlemanNas has just launched his new clothing line, HSTRY.

While the Queens native gears up to open his 12AM RUN sneaker boutique next year, HSTRY comes just in time for Fall 2013. The exclusive collection incorporates popular leather aesthetics across a wide range of apparel and accessory items which include flannel shirts, long-sleeves, lambskin bomber jackets, vests, hoodies, face masks, and a luxurious backpack. Ironically, each item mirrors the style and attitude of the living legend.

Check out detailed images of Nas’ HSTRY below and find the entire Fall 2013 Collection available now online at HSTRY Clothing.

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