CHAPEL HILL, NC—The founders of Altometrics, Inc., have a goal that sounds simple: make the Internet faster. They want to speed up the performance of your favorite websites, prevent those frustrating slow-downs and enable richer Web services.
The young entrepreneurs recently received a big boost towards reaching their goal in the form of a $150,000 Small Business Innovation Research (SBIR) grant from the National Science Foundation. The award comes with $30,000 in matching funds from the North Carolina Office of Science and Technology. Altometrics is the brainchild of Jeff Terrell, and Sir Robert Burbridge. Terrell, who recently earned his Ph.D. in computer science from the University of North Carolina at Chapel Hill, serves as the company’s CTO while Burbridge, a former software engineer at Cisco, is the CEO.