Harvest Power, Inc. is a privately held organics management company headquartered in Waltham, Massachusetts that specializes in converting food waste and yard waste into biofuel, compost, mulch and fertilizer. In 2014 Fast Company named it one of the most innovative companies in the world. The company was founded by Paul Sellew in 2008. It initially received venture funding from Kleiner Perkins Caufield & Byers and Waste Management, Inc., and later from True North Venture Partners, Industry Ventures, Generation Investment Management, DAG Ventures and others. As of February 2014, the company operated 40 facilities in North America including bioenergy facilities, yard waste drop-off and soil- and-mulch pick-up depots for landscapers, contractors and homeowners, and bagging facilities. In 2014 Kathleen Ligocki took the position of CEO of the company. Its revenue in 2013 was, according to Ligocki, $130 million. In 2015, the company was ranked by Waste360 as the 29th largest waste and recycling firm based on 2014 revenues. Harvest Powers services are cited as a model for a circular economy of converting food waste into energy and nutrient-rich soil products. Food waste specifically has been identified by cities and businesses as an untapped resource that – if diverted from landfills – can be used for clean energy and soil revitalization. As examples, New York Citys strategy to build more digesters has been called the "brown energy movement", the Massachusetts Department of Energy Resources (DOER) set the goal to divert 450,000 tons of food waste a year from landfills and incinerators, and California and other states are co-digesting food waste at sewage treatment plants.