Tuesday, November 2, 2010

The Beginnings of tenCube and WaveSecure

Remember the previous entry on tenCube - Singapore's $15million company?
I was happy reading the news as it is a Singapore company and the founders came from NUS!


Find out how the founders of tenCube and WaveSecure got their beginnings as I was sent a copy of Knowledge Enterprise, a publication of National University of Singapore (NUS) to keep alumnus like me updated on what's happening in NUS.


tenCube founders from left: Mr Varun Chatterji, Mr Darius Cheung, Mr Indradeep Biswas and Mr Rishi Israni (Pic from Knowledge Enterprise)




Making waves with WaveSecure (Knowledge Enterprise Sep 2010)


tenCube, a home-grown start-up company, was recently acquired by the world's largest dedicated security provider, McAfee Inc. Based in Singapore, tenCube was formed in 2005 by NUS graduates Mr Darius Cheung, Mr Varun Chatterji, Mr Rishi Israni and Mr Indradeep Biswas. Mr Cheung and Mr Chatterji had previously interned at start-up companies while on the NUS Overseas Colleges programme in Silicon Valley.


Upon joining McAfee, tenCube will become part of McAfee's "Consumer, Mobile and Small Business" unit. tenCube's star product is security service WaveSecure. With WaveSecure, mobile phone users need not fret about losing data and privacy when they misplace or lose their phones. The device enables users to back up, restore, lock and wipe out data remotely, and even track down the locations of their missing phones. By acquiring tenCube, the developer of WaveSecure, McAfee will further establish itself as the leader in mobile security with the most complete set of next-generation mobile technologies.


Presently, tenCube has regional offices in Silicon Valley, United States and in New Delhi, India, and a team strength of 26 persons, about half of whom are NUS graduates.


Recalling the initial years of starting the company, Mr Israni, Chief Technology Officer of tenCube, said: "NUS provided all the support a start-up would need to get off the ground. We were incubated by the School of Computing and we had an office to work from. We started with all the savings and within a year we raised our seed round from NUS Venture Support and Seeds, and that gave us enough capital to give shape to your idea.


All through our journey we had the guidance and support of good people from NUS Enterprise, and we are very thankful for that."


The team has received much recognition for its breakthrough product, including the NAVTEQ Global LBS Challenge, Mobile Monday Peer Awards, Top 10 Wireless innovation by Frost and Sullivan, and being named among the top three winners of google's Android Developer challenge.


WaveSecure has also been featured in numerous print and online media, including New York Times, Asian Wall Street Journal, Inc, CNBC, The Mirror, CNET, TechCrunch and LifeHacker.


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Find out more about 


Knowledge Enterprise

NUS Enterprise Incubator Ecosystem - If you are NUS Staff, students and alumni, this will give you a head-start in providing infrastructural support for start-ups



1 comment:

  1. I am also excited to read the news as it is a Singapore company and the founders came from NUS. As a small business owner, I appreciate this type of things. If you need to register your business in Singapore just go coincorporating Singapore now for more information. Thanks and keep it up!

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