Welcome!

IoT Expo Authors: Dana Gardner, Pat Romanski, Peter Silva, Elizabeth White, Roger Strukhoff

News Feed Item

Tech Startup Entefy Appoints Two Well-Known Board Members and Closes Additional Funding

Former CEO of NYSE Euronext, Duncan Niederauer, and former Chairman and CEO of Xilinx, Wim Roelandts, were named to Entefy Inc.'s Board of Directors as the Company crosses $5 million in venture funding.

PALO ALTO, Calif., July 29, 2014 /PRNewswire/ -- Silicon Valley startup, Entefy, Inc., announced today that former CEO of NYSE Euronext, Duncan Niederauer, and former Chairman and CEO of Xilinx, Willem "Wim" Roelandts, were named to its Board of Directors.

This news, combined with the company's recent capital raise, bringing its venture funding total to $5.25 million, caps off a successful pre-launch period for Entefy as it prepares for the beta release of its debut product.

"We are honored to welcome Wim and Duncan to the Entefy team. Their collective executive experience, technological knowledge, and passion for innovation will be great assets to us as we advance our business strategy and brand rollout," said Entefy CEO, Alston Ghafourifar.

The new board members were equally enthusiastic about joining Entefy.

"I think this is one of those rare opportunities where a secular shift in consumer behavior and disruptive technology come together and the team assembled is talented, energetic and, highly focused," said Niederauer.

As CEO of NYSE Euronext, Niederauer transformed and grew the organization while navigating through the financial crisis, evolving market and regulatory conditions, and industry consolidation. Under his leadership, the New York Stock Exchange experienced a significant increase in its technology IPO listings, from 13% in 2006 to 54% in 2013. Niederauer also negotiated and completed NYSE Euronext's acquisition by Intercontinental Exchange.

"I immediately connected with the founding team and their vision for technology and the future of communication. To me, Entefy is tackling a challenge that can lead to a real breakthrough and I'm delighted to be part of it," said Roelandts

Roelandts' leadership as the CEO of Xilinx drove the company's revenue to more than triple, to nearly $2 billion, while increasing market share in the programmable logic business from 30 percent to over 50 percent. Roelandts' decades of experience as a technology executive has helped foster innovation at a number of other global organizations including Hewlett Packard, Applied Materials, and Aruba Networks.

Duncan Niederauer 
Mr. Niederauer was most recently CEO of NYSE and President of Intercontinental Exchange, Inc. During his tenure as CEO of NYSE Euronext from 2007-2013, Mr. Niederauer oversaw the transformation of the company into an innovative, globally integrated organization with a high-tech, high-touch focus.

Before joining NYSE Euronext in 2007, Mr. Niederauer was at Goldman Sachs, a career which spanned 22 years. In addition to his other pursuits, Mr. Niederauer now serves on the boards of Colgate University, The American Ireland Fund and the Congressional Medal of Honor Foundation, among others.

Wim Roelandts
Mr. Roelandts started his 29-year management career with Hewlett Packard (HP) in Belgium in 1967. In 1983 he moved to the U.S. and finished his career at HP as senior vice president in charge of HP's Computer Systems Organization, with responsibility for HP's worldwide computer systems business of about $6 billion.

In 1996, Mr. Roelandts left HP to become the CEO of Xilinx and, later, chairman in 2003. Under his leadership, Xilinx' revenue more than tripled to nearly $2 billion and market share increased in the programmable logic business from 30 percent to over 50 percent. During his tenure, Xilinx was nominated several times in the top 10 of Fortune Magazine's "100 best companies to work for." Currently, Mr. Roelandts also serves on the Board of Directors of Applied Materials, Inc., Aruba Networks, Inc., and IMEC (a micro- and nanoelectronics research center in Belgium).

About Entefy
Entefy is a technology startup based in Palo Alto, California, building the most intelligent communication platform available—ATUM (Adaptive Threading Universal Messenger). With ATUM, users can seamlessly bring together all of their conversations, files, and friends in one super smart application with dynamic messaging, multi-protocol threading, and universal search. Built for the Internet of Things, ATUM is designed to work beautifully across any smart device and bring harmony to people's increasingly chaotic digital lives.

For more information visit www.entefy.com

Contact information: [email protected]

SOURCE Entefy, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories from IoT Journal
The Open Group and BriefingsDirect recently assembled a distinguished panel at The Open Group Boston Conference 2014 to explore the practical implications and limits of the Internet of Things. This so-called Internet of Things means more data, more cloud connectivity and management, and an additional tier of “things” that are going to be part of the mobile edge -- and extending that mobile edge ever deeper into even our own bodies. Yet the Internet of Things is more than the “things” – it means a higher order of software platforms. For example, if we are going to operate data centers with new dexterity thanks to software-defined networking (SDN) and storage (SDS) -- indeed the entire data center being software-defined (SDDC) -- then why not a software-defined automobile, or factory floor, or hospital operating room -- or even a software-defined city block or neighborhood?
BetaBoston is reporting a shake-up at LogMeIn's Xively Internet of Things division. "Several top execs focused on launching new services to support the “Internet of Things” — sometimes called machine-to-machine communication, or M2M — have left Boston-based LogMeIn in recent months. Among those who have left the Xively division in 2014 are chief technology officer Philip DesAutels; Chad Jones, a vice president of strategy; and Les Yetton, the one-time general manager of the group."
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With “smart” appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user’s habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps, abiding by privacy concerns and making the concept a reality. These challenges can’t be addressed without the kinds of agile software development and infrastructure approaches pioneered by the DevOps movement.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, automotive and enterprise. Members of this nonprofit consortium include some of the world’s leading, consumer electronics manufacturers, home appliances manufacturers, service providers, retailers, enterprise technology companies, startups, and chipset manufacturers. Initially based on the AllJoyn™ open source project, the AllJoyn software and services framework will be expanded with contributions from member companies and the open source community.
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines.
Larry Ellison turned 70 and has decided to turn over the CEO reins at Oracle. Safra Catz and Mark Hurd, both in their 50s, will function as a “Ms. Inside and Mr. Outside” as co-CEOs, at least for awhile. Serious reverberations will be felt within this highly competitive company and the highly competitive industry in which it makes its money. Even while guiding his yacht to an America's Cup title, Larry Ellison remained in firm control of the company he founded in 1977. He still has an ownership stake of about 20% of the company--1 billion or so shares of Oracle stock worth about $40 billion. Who can imagine that he'll be a docile, passive Chairman? Yes, he is returning as Chairman, with Jeff Henley, currently in that role, moving aside to be Vice-Chairman. Ellison reports he will also serve as Chief Technology Officer. So it's clear he's not fading from the scene. But he will not be able to micromanage the company by any measure. What Does It Mean? Think of all of the very strong executives over the years who rose quickly and highly in Oracle, only to be banished from the kingdom and/or to start their own big companies. Ray Lane, Marc Benioff, and Tom Siebel spring i...
I write and study often on the subject of digital transformation - the digital transformation of industries, markets, products, business models, etc. In brief, digital transformation is about the impact that collected and analyzed data can have when used to enhance business processes and workflows. If Amazon knows your preferences for particular books and films based upon captured data, then they can apply analytics to predict related books and films that you may like. This improves sales. This is a simple example, but let me tell you what I learned yesterday in sunny and warm San Francisco about more complex applications.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, will describe how to revolutionize your architecture and create an integrated, interoperable, reliable system of thousands of devices. Using real-world examples, James will discuss the transformative process taken by companies in moving from a two-tier to a three-tier topology for IoT implementations.
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the “Internet of Things” (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, will discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of data, and how to best approach deploying an IoT solution that will drive results.
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things’ get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What’s driving this increase? The growth in volume is largely attributed to the rollout of new services and applications along with expanding migration to the cloud and traffic spikes. The Internet of Things will also place a strain on DNS services. Are you ready for this surge of new services and applications along with potential DNS threats?
Building low cost wearable devices can enhance the quality of our lives. In his session at Internet of @ThingsExpo, Sai Yamanoor, Embedded Software Engineer at Altschool, will provide an example of putting together a small keychain within a $50 budget that educates the user about the air quality in their surroundings. He will also provide examples such as building a wearable device that provides transit or recreational information. He will review the resources available to build wearable devices at home including open source hardware, the raw materials required and the options available to power such wearable devices.
Where historically app development would require developers to manage device functionality, application environment and application logic, today new platforms are emerging that are IoT focused and arm developers with cloud based connectivity and communications, development, monitoring, management and analytics tools. In her session at Internet of @ThingsExpo, Seema Jethani, Director of Product Management at Basho Technologies, will explore how to rapidly prototype using IoT cloud platforms and choose the right platform to match application requirements, security and privacy needs, data management capabilities and development tools.
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Erik Lagerway, Co-founder of Hookflash, will walk through the shifting landscape of traditional telephone and voice services to the modern P2P RTC era of OTT cloud assisted services.
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, more manufacturers will embed sensors in their products and connect them to the Internet to monitor their performance and offer pro-active maintenance services. As a result, engineers who know how to incorporate software and networking into their mechanical designs will become more in demand.