Google Invested $3 Million in Cree LED Lightbulbs

Google's investing in bright ideas.
Dean Kamen, the man best known for Segway, was at TEDMED 2010 talking about all sorts of cool things.

The one that's closest to being here today is a new LED lightbulb that features lighting technology created by Cree, and produces 450 lumens from a power draw of just 7 watts. It'll retail for $25 and be sold door-to-door through Kamen's FIRST youth program.
Several hundred thousand of these bulbs are already produced, thanks to Google's support of a $3 million investment. It's not quite the Google Lightbulb, but now we know the search giant wants to help you find your stuff with better lighting.