Spencer Trask & Co.
Spencer Trask & Co. is a privately held advanced technology development company.
| Industry | Financial services |
|---|---|
| Headquarters | , United States |
Key people | Kevin Kimberlin (Chairman) William Clifford (CEO) |
| Services | Build advanced technology companies |
| Website | spencertraskco |
Members and affiliates of Spencer Trask & Co. are founders of, advisors to, and investors in private and public companies through direct investments and numerous limited liability companies.
Spencer Trask & Co., has been a partner in the formative stage of genomic medicine with Myriad Genetics,[1] healthcare reform with Health Dialog,[2] IP development with Intellectual Ventures,[3] stem cell therapy with Osiris Therapeutics, artificial intelligence with Interos, and crowdfunding with SeedInvest/Circle Internet Financial.
The Internet
The Chairman of Spencer Trask co-founded Ciena Corp. with the firm started by Gordon Gould — the inventor of the optical amplifier and the laser — and his protégé, Dr. David Huber.[4][5] Spencer Trask affiliates were the first investors in Ciena.[6]
Ciena popularized the optical amplifier by introducing the first dense wave division multiplexing (WDM) -- an optical communication technology[7] that it is today the common basis of all high-capacity metro, regional and long-distance telecommunications networks in the world[8] and thus a foundation of the Internet.
The optical amplifier is an invention that has been compared in importance to the integrated circuit because it enabled The Information Age.[9][10]
Legacy
The firm's namesake is Mr. Spencer A. Trask who financed Thomas Edison and Guglielmo Marconi. Mr. Trask was a founding trustee of the predecessor to General Electric, the president of the world's first electricity firm, Consolidated Edison, and the chairman of The New York Times who hired Adolph Ochs.
References
- "Myriad: Pioneering Predictive Medicine". University of Utah, Center for Technology & Venture Commercialization. April 25, 2018.
{{cite web}}: CS1 maint: url-status (link) - Lancaster, Hal (August 3, 1999). "Mr. George Bennett on the Founding of Health Dialog". The Wall Street Journal.
{{cite web}}: CS1 maint: url-status (link) - Phelps, Marshall; Kline, David (2009-05-13). Burning the Ships: Transforming Your Company's Culture Through Intellectual Property Strategy. ISBN 9780470494103.
- "Erbium PPM - Securities and Exchange Commission Registration Statement. Ciena Corporation. Page 50, footnote 19. February 7 1997. "Beneficial Owner of More Than 5%." Erbium. Confidential Private Offering. Page 55. 1993. [Note: name changed to Ciena in May 1994.]".
{{cite web}}: CS1 maint: url-status (link) - Anders, George (1998-06-05). "With Ciena, Investors Hit a Jackpot That's One for the Record Books". Wall Street Journal. ISSN 0099-9660.
- [Ciena Form S-1 Prospectus. Securities and Exchange Commission "Ciena Form S-1 Prospectus. Securities and Exchange Commission. Page 46"]. December 12, 1996.
{{cite web}}: Check|url=value (help)CS1 maint: url-status (link) - Markoff, John (1997-03-03). "Fiber-Optic Technology Draws Record Stock Value". The New York Times. ISSN 0362-4331. Retrieved 2021-12-09.
- Grobe, Klaus (2013). Wavelength Division Multiplexing: A Practical Engineering Guide. Michael Eiselt (1st ed.). Hoboken, New Jersey. ISBN 978-1-118-75515-0. OCLC 849801363.
- "Fiber Keeps its Promise". Discovery Institute. 1997-02-01. Retrieved 2021-12-09.
- Optical fiber amplifiers : materials, devices, and applications. S. Sudo. Boston, Mass.: Artech House. 1997. p. 601. ISBN 0-89006-809-7. OCLC 37024220.
{{cite book}}: CS1 maint: others (link)