Idealab is a technology incubator that focuses on creating and operating pioneering companies. Founded in 1996 by entrepreneur Bill Gross, Idealab has created more than 150 companies across a variety of industries, including software, robotics, and renewable energy. Idealab provides its companies with a range of resources, including funding, office space, and access to a network of experienced entrepreneurs and industry experts. Some of Idealab's most successful companies include Citysearch, GoTo.com (later Overture), and Picasa. Idealab is headquartered in Pasadena, California.