Gigabit January 2019

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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