Technology Magazine January 2019 | Page 127

EXECUTIVE PROFILE Marc Wallace
NORTH AMERICA
smartphones . “ You would walk into a venue and your phone picks up a Wi-Fi signal and we saw that you could use that as an opportunity to engage and say ‘ welcome ’ or ‘ go here ’,” he explains . “ That ’ s why we built Radius Networks . It was all formed around that initial concept of engaging with people based on their location and proximity to certain points of interest . That was the beginning of Radius Networks .”
Over the last seven years , Radius Networks has worked with major brands across the US and is active in more than 60 countries worldwide , with more than 27 patented technology solutions within its portfolio . The company ’ s success is clear to see , but Wallace notes that the key to that success lies in the people involved , as well as a smart approach to capital investment . “ Once we knew what we

EXECUTIVE PROFILE Marc Wallace

Marc is a serial entrepreneur . He is the co-founder and CEO of Radius Networks , Inc ., located in Washington , DC . Radius Networks is a location technology company focused on helping businesses locate , engage and transact with their customers . Prior to Radius Networks , Marc co-founded several other successful startups , such as District Taco , a Mexican-food fast casual chain in DC , where he serves as Chairman , and Swap- Drive ( backup . com ), an online backup company acquired by the Norton division of Symantec in 2008 . Before creating SwapDrive , he served at Orbital Sciences Corporation as an aerospace engineer and engineering manager across multiple successful rocket and spacecraft launch campaigns . Marc holds a B . S . in Engineering from Cornell University and a M . S . in Information Systems from George Washington University .
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