"Mother Nature smiled upon us and technology backed us up, " Clemmer said.
OnLive technology is backed by hundreds of patents and patents pending.
ENGADGET: OnLive and Juniper team up on cloud-based services for enterprise
Here is a more detailed look at venture-backed technology IPOs in particular in 2012.
FORBES: The Top Tech IPOs Of 2012 And The Venture Capitalists Who Invested
But these technology companies, backed by patient investors, are showing that the quest for advanced biofuels is far from over.
Dan Wagner, a technology entrepreneur who has backed several internet businesses, told the BBC that Comet "was an accident waiting to happen" because successive managements had failed to understand the online world.
Ms Blume added that the People's Lottery bid had been backed by better technology, and criticised Camelot's reliance on GTech.
Atul was set to make a killing, but a month later the technology bubble burst and Nomura backed out of the deal.
"The top firms are just okay, " says Robert Bernard, chief executive of Whittman-Hart, an information technology provider for businesses, backed by Frontenac Co. and Platinum Venture Partners, both of Chicago.
In June Durrett cooked up a sale to the Palo Alto, Calif. investment firm Symphony Technology Group in a leveraged buyout backed by Los Angeles' Tennenbaum Capital Partners.
The technology from Heyride, which was backed by Silverton Partners, will be used by SideCar, and the team is joining SideCar, but SideCar is launching its own app in Austin.
FORBES: SideCar Acquires Austin's HeyRide, Launches In Los Angeles, Austin, Philadelphia
But simply creating a more agile force, backed by the very latest technology, may not be enough.
Automakers have turned their attention to bigger cars and flashier cars to attract consumers since there are fewer government-backed incentives to pursue green technology, analysts say.
Lolapps, backed by Polaris Venture Partners and Ron Conway, is a technology-focused game developer with 25 million users across all its games. 6waves, backed by Insight Venture Partners, is a game publisher that handles marketing, monetization and distribution for game developers.
FORBES: Lolapps Merges With 6Waves In Social Gaming Developer-Publisher Tie-Up
And Sinosun Technology, a maker of computer security software backed by Granite Global Ventures, which also backed Tudou, rose by 5.9% on Friday, after gaining 9.7% on Thursday.
FORBES: Lujiazui Breakfast: News And Views About China Stocks -- July 2
"Instead of betting on short-term cycles, people are investing in the longer-term story" of U.S. economic growth backed by innovation in shale-gas technology, said Kunihiro Asai, Nikko Asset Management's head of product development.
Ron Conway, a longtime investor in technology startups, who has contributed to the tech-backed Sandy Hook Promise, an agency founded by the community of Newtown, Conn.
Reid, who also thinks video technology should be used to help officials make decisions, backed a suggestion by a Scottish National Party MP that referees should declare which teams they support.
Rosen, backed by venture capital firms Hummer Winblad and Media Technology Ventures, is angling for a second round of funding to pay for a campaign of radio ads and live demos on the street.
Throughout the debate, large technology firms, which are frequently accused of patent infringement, have backed the higher standard for patentability.
Backed by Dow Chemical, they hope to use this technology to challenge the big and established wind energy giants (Siemens, Vestas, Enercon, Gamesa, GE, and a small number of other highly capitalized players) in the offshore frontier.
Technology firms logged 26 IPOs, including the biggest two deals by venture-backed companies last year: the stock debut of Intercontinental Exchange and OptionsXpress.
EdX, originally backed by a grant from Harvard College and the Massachusetts Institute of Technology, has joined with community colleges in Massachusetts and McGill University in Montreal.
Big-company basics, like collaboration and workflow software, can be a nightmare to install and maintain if they're not backed up by a big company's trained crew of information technology professionals.
Technology firms logged 26 IPOs, including the biggest two deals by venture-backed companies last year: the stock debut of Intercontinental Exchange and OptionsXpress (nasdaq: OXPS - news - people ).
But we're fixing this by extending our Whispersync technology to library books, so your notes, highlights and bookmarks are always backed up and available the next time you check out the book or if you decide to buy the book.
Bitcoin, Inc. would have a radically new technology, thousands of loyal customers, and a growing community of other venture-backed startups building products and services on top of the infrastructure it provided.
Obama supported President Bush-backed immigration legislation, which would have increased funding and improved border security technology, improved enforcement of existing laws, and provided a legal path to citizenship for some illegal immigrants.
The Technology group will power the Consumer and Regions groups, enabling them to provide best products and experiences backed by their infrastructure and platforms.
FORBES: Yahoo Restructures To Focus On Online Media, Social And E-Commerce
These venture-backed healthcare delivery organizations were forced to look beyond the traditional U.S.based technology vendors optimized around the flawed reimbursement model that will rapidly wane over the next 2-5 years.
Comparing 28, 000 venture-backed companies who raised funds between 1980 and 2006, Tian studied whether venture firms could use technology to monitor investments just as well from a distance.
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