WaveSecure Making Waves in Silicon Valley

Local mobile security company tenCube is having a very good run in 2010! Following on from the announcement of a strategic investment from Indian telecom apps service provider One97 to having its innovation acknowledged by China Mobile Research Institute, comes the news of tenCube making waves at two separate Silicon Valley events. WaveSecure, tenCube’s flagship product, was selected as the top product at the Plug and Play EXPO Spring 2010, and was tipped by Launch Silicon Valley as “Most Likely to Succeed”.

The five-year old company was founded with the aim of providing a solution to the problem of lost phone. WaveSecure allows phone users peace of mind–with this mobile security service, users can automatically back-up their data, remotely lock their phones or even wipe their mobile devices. WaveSecure is now available for five platforms (Android, Java, Symbian, Blackberry and Windows Mobile). While the Singapore Police Force was one of the first users of WaveSecure, its popularity and realiability has seen its adoption by leading phone companies, as well as by prostitutes and pimps to keep client data safe from cops!

tenCube goes to California

Silicon Valley has the reputation of being the leading high-tech hub because of its concentration of innovative entrepreneurs and engineers, as well as venture capital funds and angel investors. That tenCube can make a splash in such a crowd is something it should be proud of:

In May, tenCube wowed the crowds at the Plug and Play EXPO in Sunnyvale, California. The EXPO was a platform for promising startups from fields as diverse as media, mobile, wireless and clean technology to launch their offerings and/or seek further funding. tenCube was one of only three companies selected out of an initial field of 200 to pitch to a panel of top venture capitalists.

Following that, in June tenCube was further affirmed at the Launch: Silicon Valley Conference, when the Silicon Valley Association of Startup Entrepreneurs and Silicon Valley Angels and Venture Capitalists selected it as one of 6 companies most likely to to succeed. tenCube was the award winner in the Next Generation Internet 1 catagory.

“Launch: Silicon Valley has grown to become a major Silicon Valley event showcasing the products and services from the most exciting of the newest startups from around the world,” said Chris Gill, president and CEO of SVASE.

According to SVASE, previous event finalists have gone on to raise more than $300 million (caveat: this is calculated from publically available information only). We believe that both Plug and Play EXPO and Launch: Silicon Valley Conference  the way for tenCube to reach out from its Sunnyvale offices into the wider international market.

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