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A fine mesh at Idealab: a second-generation startup is proving itself.

Article Excerpt
Utilizing unlicensed, near-infrared wireless spectrum, Idealab's Omnilux is about to make a run at the Free Space Optics (FSO) market with its mesh networking vision.

is it possible that Idealab, the accidental icon for all that was exaggerated about the early Internet Era, is overseeing the growth of a fundamentally sound wireless company? Yes it is! In fact, there are several Idealab companies that not only look good on paper, but are proving themselves with real-world customers right now. Optical mesh networking upstart Omnilux, Inc. is one of these.

If you remember the Internet Bubble, you surely remember the buzz about incubators. It's a period many investors would like to forget. You had big press at the top of the hype hierarchy. eCompanies, divine interVentures, Internet Capital Group, and CMGI, among others, were all fighting for dot-com status in the eyes of the venture capital and public investor community. More than a few established firms and universities also followed the "company creation" mantra of the day, although in retrospect most turned out...

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