Interval Research Corporation was founded in 1992 by Paul Allen and David Liddle. It was a Palo Alto laboratory and technology incubator focusing on consumer product applications and services with a focus on the Internet. A 1999 Wired magazine article based on a memo from Paul Allen described the company as under fire from Allen to produce "less R and more D." Interval Research Corporation officially closed its doors in April 2000, while a small group of former employees were kept on to form Interval Media to continue a few specific projects. Interval Media was closed in June, 2006.