Welcome!

News Feed Item

mCube Creates New “Ten Degrees” Subsidiary to Focus on Indoor Navigation Business

mCube, provider of the world’s smallest MEMS motion sensors, today announced the formation of a wholly-owned subsidiary, Ten Degrees, Inc., representing the first step towards the creation of an independent entity focused on indoor navigation. Ten Degrees has developed a core navigation engine that takes advantage of positioning information derived from the inertial-sensors available in virtually all current smartphones, and combines Wi-Fi and Bluetooth signals with indoor map information to synthesize an accurate indoor location. The company was officially established in April 2014 and is led by CEO Ramesh Raman.

“With this strategic move, Ten Degrees and mCube can focus on their unique market segments, while also benefitting from each company’s technology development and expertise,” said Ramesh Raman, CEO of Ten Degrees, Inc. “We look forward to delivering a solution that can easily and accurately guide users indoors, whether to an individual cubicle in an office building, to a specific item in a retail store, or to a room in a hospital, bringing users literally within arm’s reach of their desired indoor location.”

“Ten Degrees will be able to build an entire business around its navigation software engine, while allowing mCube to continue expanding its core business around the world’s smallest MEMS motion sensors,” said Ben Lee, President and CEO, mCube, Inc. “Ten Degrees comes out of the gate with an early competitive advantage by having access to mCube’s years of proven software expertise in algorithms for sensors in smart devices, enabling the company to quickly deliver indoor navigation solutions to customers and partners.”

“There are tremendous market opportunities for an accurate indoor navigation solution for mobile devices, and Ten Degrees is delivering what we believe to be one of the most accurate and robust solutions developed,” said Wen Hsieh, mCube Co-founder, Chairman and General Partner at Kleiner Perkins Caulfield and Byers. “By creating a focused and stand-alone company, Ten Degrees will be able to more easily realize its growth potential.”

Strong Management Team

Ramesh Raman, who joined Ten Degrees as CEO in April 2014, has a strong operations background and history of successfully growing companies -- from start-ups to well established industry leaders. Most recently, he spent six years at Amyris, a leading company in the renewable fuels and chemicals sector, where he helped develop various capabilities instrumental in taking the company from start-up to IPO. Ramesh’s last role at Amyris was as Senior Vice President of Global Manufacturing and Supply Chain. Prior to joining Amyris, Ramesh was in the operations practice at global management consulting firm McKinsey & Company working with leading global companies in the high tech, semiconductor, consumer goods and retail industries.

In addition to Ramesh, Jobe Price, former vice president of software at mCube, has transitioned into the role of Chief Technology Officer of Ten Degrees.

Ten Degrees has offices in San Jose, California and Cedar Rapids, Iowa. For more information, customers can visit the Ten Degrees website at www.tendegrees.net or email the company at [email protected].

About mCube

mCube makes the smallest motion sensors in the world. As a technology leader, mCube aspires to be the enabler for the Internet of Moving Things by putting a MEMS motion sensor on anything that moves, improving the way consumers live and interact with technology. mCube is backed by leading investors and has already shipped over 60M units. For more information, visit www.mcubemems.com. Follow mCube on Twitter @mcubemems.

Copyright 2014. All rights reserved. mCube, Inc., the mCube logo, and certain other mCube trademarks and logos are trademarks and/or registered trademarks of mCube, Inc. All third-party trademarks, trade names, or service marks are the property of their respective owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
"We are an IT services solution provider and we sell software to support those solutions. Our focus and key areas are around security, enterprise monitoring, and continuous delivery optimization," noted John Balsavage, President of A&I Solutions, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platfor...
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.