Located in Boston's Innovation District, True Engineering Technology (TRUE#) was founded in 2009 by Allen Razdow, Co-founder of Mathsoft and inventor of Mathcad, the most widely-used desktop calculation tool. Allen has helped build and lead both public and private venture-backed companies.
TRUE# is different because it has grown via SBIR funding to meet requirements from two branches of the United States Navy, from commercial revenue, and with private investment from a dedicated group of experienced technology executives and entrepreneurs all of whom are working hands-on as advisers and directors:
David Steadman, Director
David is, or has been in the recent past, a director of numerous public and private companies, including Aavid Thermal Technologies, Inc., ExpressPoint Technology Services, Inc., Tech/Ops Sevcon Inc. and, Sterling Construction Co. Inc. In 1980 he was a vice president of the Raytheon Company, where he was responsible for the commercial telecommunications and data systems businesses in addition to setting up a corporate venture capital portfolio. He began his career in telecommunications systems engineering and marketing with the Marconi Company in England after receiving an honors degree in electrical and mechanical engineering from London University. He is a visiting lecturer in business administration at the Darden School of the University of Virginia.
David Blohm, Director
David Blohm's career includes 38 years of entrepreneurship, mentoring and public service. He actively mentors start-up companies/entrepreneurs and gives his time to various non-profit organizations. David was President and CEO of SmarterKids.Com, an award-winning Internet retailer of children's educational products and services and guided the company through its initial public offering and subsequent merger in 2001. Back in 1985, David co-founded MathSoft, Inc. with Allen Razdow, a firm that developed and marketed mathematical calculation software to engineers, scientists, teachers and students. As CEO David grew MathSoft from start-up to $30 million in sales, 205 employees with offices in Seattle, London and expansion into Japan. He guided the company through its initial public offering in early 1993. Several million copies of MathSoft's flagship product, Mathcad, have been sold.
Chris Randles, Adviser
Chris Randles has over 30 years experience in the software industry. His career has encompassed a variety of sales, marketing, and general management positions in the US and Europe for application and enterprise software companies. He has contributed successfully to new and established enterprises, and has managed businesses at all stages of development, from startup to turnaround and profitable growth. He has a strong belief in, and commitment to, global strategy. Chris was most recently CEO of SpaceClaim Corp., an innovator in 3D mechanical design and modeling, funded by North Bridge Venture Partners, Kodiak Venture Partners, Borealis Ventures and Needham & Co. SpaceClaim was acquired by ANSYS, Inc. in May, 2014. Before joining SpaceClaim, Chris was Entrepreneur-in-Residence at Borealis Ventures, and before that, led the management buyout of Mathsoft and served as its Chairman, President, and CEO until the company was acquired by PTC (Parametric Technology Corp.) in 2006. Chris holds BA/MA degrees from the University of Oxford, England.
Bart Patel, Adviser
Dr. Patel served as CEO of Aavid Thermal Technologies after holding the position of COO and president. He came to this position after Aavid acquired Fluent, the company he founded in 1983 to provide modeling and analysis of fluid flow and heat transfer phenomena to a variety of industries. As CEO of Fluent, Bart grew the company from its inception to become the premier computational fluid dynamics (CFD) provider. ANSYS, Inc. acquired Fluent in 2006.
Peter Jones, Adviser
Peter serves as Chromatra Inc. EVP & Technology Founder. He is the inventor of NVCE technology and the former CEO of Tenebraex Corporation. Peter is a proven innovator and entrepreneur in the field of optics and human vision. Over more than 30 years he has steadily invented and brought to market disruptive technology and products that have found broad market acceptance. He is sole or co-inventor of 62 issued, allowed and pending US and foreign patents, over 70% of which have been put into production
Rick Catino, Adviser
From a successful career as a senior executive at Hewlett Packard and Compaq Computer, Rick transitioned to Clear Point Partners, and serves or has served as Director or Adviser to many companies including ExpressPoint Technology Services, , SnoopWall, LLC, and The New England Center for Arts & Technology.
Roger Barzun, Adviser & Counsel
Roger serves as a Secretary of Steel City Products, LLC (alternate name Steel City Products, Inc.). Mr. Barzun has been Senior Vice President of Sterling Construction Co. Inc. since March 2006 and as its Secretary and General Counsel since August 1991. He serves as Secretary and General Counsel of SCPI. He served as Vice President of Sterling Construction Co., Inc. since August 1991. He served as Vice President and General Counsel of Expresspoint Technology Services Inc. He served as a Senior Vice President at Sterling Construction Co. Inc. from May 1994 to July 2001. He served as a Secretary of Expresspoint Technology Services, Inc. and Kurzweil Applied Intelligence, Inc. He was also employed at NEON Communications Inc. He has been a Lawyer since 1968 and is a member of the New York and Massachusetts bars. He is admitted to practice in New York and Massachusetts. Mr. Barzun holds a BA degree in English from Harvard College and an LLB from Columbia University Law School