Jennifer Indovina
Rochester, NY (USA)
Role(s):
Founder/Owner/Principal
Tenrehte Technologies
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Startup
Location:
Rochester
Industry:
Engineering
Year Founded:
2008
Number Employees:
1-10 people
Description:
Tenrehte provides fully enabled SoC and platform solutions for wireless Internet appliances.
Problem: The WiFi market is opening up to a range of new applications that will require cost sensitive and secure internet access and WiFi solutions.
Solution: An easy to integrate fully software enabled IC family and supported platforms to address a broad range of WiFi appliances.
Technology:
Tenrehte’s proprietary technology includes a SoC designed with integrated 802.11 b/g, ARM11 core, and full cryptology features for additional security
Company Information:
Name: Tenrehte Technologies
Contact: Jennifer Indovina
Position: Co-Founder
Website: (URL removed)
Basic Details:
Founded in: 2008
# Of Employees: 4
Funding History:
Total Amount to Date: $0K
Total Seeking: $750K
Committed Funds: $0K
Use of Funds: Prototype Development
Valuation Expectation: Pre- $750K
Post - $1-5M
Financials:
Cumulative Revenue: $0
Burn Rate: $50K/month
Cash Flow: Positive in Q4 2009
3-Year Revenue Forecast:
Year 1: $0.9M
Year 2: $3.2M
Year 3: $8.0M
Team:
Mark Indovina - Former CTO of Vivace Semiconductor, with over 25 years of experience as an R&D engineer manager at Motorola, Cadence Design Systems, and Improv Technologies
Jennifer Indovina - Former Director of Marketing of Vivace Semiconductor, with experience in marketing, product development, commercial funding, sales, marketing, and operations
Russell Priebe - Former Senior Software Development Manager at Freescale Semiconductor, with over 15 years experience in managing embedded software development.
Defensibility:
· SW IP around small footprint application specific stacks and secure computing
· Barriers include SoC design, partnerships, Wi-Fi industry competitors, and appliance manufacturer buy-in
· If all else fails, we will resort to blackmailing our friends at Arrow and Avnet to flooding the market with Tenrehte products
Competition:
· Application Processors
· Wi-Fi Chipsets
Business Model:
· Marketing: B2B and strategic partnerships
· Sales: Revenues are generated from sales of SoC and reference designs for manufacturing partners
Milestones, Y1:
· Secure one lead distributor in our target market
· One confirmed socket on a product with binding purchase order agreement
· Establish the complete management team and staffing requirements moving forward
· Select and secure IP partners for hardware and software components