Berkeley Computer Corporation
Berkeley Computer Corporation (often BCC), founded in 1968, was a spin-off from from Berkeley's Project GENIE and the CAL-TSS project. At the former, the personnel who went to BCC had made hardware and software for creating the BTSS time-sharing system, running on a modified SDS 930 (eventually resulting in SDS offering the 940 as a product).
Although it started with $4 million in venture funding, it was short on business acumen, and although they got a prototype BCC 500 mostly done, in 1970, their funding (from the mainframe leasing company Data Processing Financial & General (DPF&G)) was cut off, and BCC went bankrupt.
When the BCC offices closed, many of the staff, including Butler Lampson, Peter Deutsch, Chuck Thacker, and Charles Simyoni, went on to Xerox PARC, where they created first the MAXC, and later the Alto.