Word: crosier
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Dates: during 2000-2009
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Necessity, that great mother of invention, played her role in the creation of DeepStream Technologies. Chief executive Mark Crosier and his core team found it necessary to get work in 2003 after losing their jobs. They became surplus to needs when Eaton Corp., an electrical company based in Cleveland, Ohio, bought the part of Delta Corp. where they worked. "Our whole team was severed in a redundancy, and we decided to design and build a business rather than all pursue our separate ways," recalls Crosier...
...DeepStream's pliable digital sensors overcome that limitation. "Instead of being flat and planar, we can mold them into any imaginable shape or topology, so now you can get into very awkward and difficult spaces," says Crosier. Another advantage: the materials are resistant to hazards like high temperatures and toxins...
...About 90 venture capitalists turned down the opportunity to fund DeepStream before London-based Doughty Hanson Technology Ventures led a $19 million round. Crosier says the company is in preproduction mode with some electrical-equipment vendors (he declines to identify them) that could become full-blown production deals by early next year...
...commission would be cozy with the church led the government to announce its own inquiry last week, a move that would have been unthinkable a decade ago but in the current climate has been popular. Justice Minister Michael McDowell declared he was "not afraid of the bang of a crosier," and said the church's internal canon law, which it has sometimes relied upon to justify keeping mum about predator priests, deserved as much deference as the rules of a golf club. Connell is unlikely to resign. His friends say he may be old school, but feels every error...