Dynamic Mobile Applications

With platforms and applications designed to meet the needs of both consumers and enterprise customers, WaveMarket Inc. is a pioneer in location-based solutions.

Executive Team

Tasso Roumeliotis Founder and CEO
Scott A. Hotes, Ph.D. CTO and VP Engineering
Jim Smolen VP, Strategic Alliances
Joel Grossman VP, Marketing and Product Management
Tasso Roumeliotis
Founder and CEO

Prior to founding WaveMarket, Mr. Roumeliotis was a Principal at Claridge, the Bronfman family operating and investing vehicle, specializing in the wireless and media industries. He was involved in building a leading North American fixed wireless broadband (LMDS) provider; one of the largest film distribution businesses; Rolling Stones concert promotions; and several music and sports companies.

Mr. Roumeliotis was a consultant with Bain & Company Telecom Practice for three years, where he launched a network appliance product - a precursor to modern Internet "thin clients". It was one of the first to bundle device and content aggregation offered by a North American telecom provider. Mr. Roumeliotis led many other telecom initiatives such as service provisioning and network management. He spearheaded selection and implementation of Fleet Management software for improved routing and tracking management. He was the highest-ranked Associate in his Bain Class of 1993 and received two promotions, both awarded first among his 56 North American peers.

Mr. Roumeliotis also co-founded a medical device startup. Their innovative product streamlined CABG surgery, reached $1 million in revenue and is now deployed in hospitals throughout the US and Europe, including Stanford. Mr. Roumeliotis is a Harvard MBA (1998). He holds a B.A. and a B.Comm. from McGill University with Joint Honors in Economics and Finance, where he ranked first in his class and graduated with Great Distinction.

Scott A. Hotes, Ph.D.
CTO and VP Engineering

Dr. Hotes brings to WaveMarket a 10-year track record of leading software development. His specialty is launching industrial-grade software implementing advanced algorithms - ranging from UNIX kernel to cryptography.

Prior to WaveMarket, Dr. Hotes was at the United States Department of Defense, where he oversaw software development teams at Ft. Meade, MD and at the Army Research Lab at Austin, TX. The systems developed supported large military customers, employing the use of advanced data mining and machine learning algorithms in Internet security and traffic modeling applications.

Before joining the Department of Defense, Dr. Hotes spent four years in the Networking Technologies division of Silicon Graphics, Inc. At SGI, Dr. Hotes and his team made a number of enhancements to the SGI Irix operating system, including the integration of security and data access protocols to file system and name service systems. He supported directly a number of large customers in the ISP, automotive and government sectors.

Dr. Hotes has published in a wide range of disciplines from discrete mathematics and elementary particle theory to analytical chemistry and geo-physics. He has worked at three Department of Energy National Laboratories, including the National Institute of Science and Technology and the Los Alamos National Laboratory. Dr. Hotes completed his Ph.D. in Mathematical Physics from the University of California at Berkeley in 1992.

Jim Smolen
VP, Strategic Alliances

Jim Smolen brings to WaveMarket over 20 years of engineering and business development experience in the wireless industry. He has vast experience deploying innovative wireless services and applications with operators in Europe, Asia Pacific, and the US.

Prior to joining WaveMarket, Jim was Director of Advanced Technology - Strategic Initiatives at Vodafone plc., where he created wireless Products & Services and managed relationships with Vodafone operators & vendors across Europe, Asia, and the United States. He was instrumental in the creation and deployment of Vodafone's first Global Mobile Internet and Java application vending platforms.

Jim has held a number of engineering, management, and board positions throughout his career, including Technical Board member of ASPire (a Vodafone/China Mobile joint venture), VP of Strategic Alliances with Thin Multimedia Inc., Director of Business Development with MobileWay (now Mobile 365), Manager of Advanced Technology with AirTouch Communications (now Verizon Wireless), and System Design Engineer with The Boeing Company.

Jim holds a Master of Business Administration from Santa Clara University with a focus in Marketing and Economics, and a Bachelor of Science in Electrical Engineering Technology from Purdue University.

Joel Grossman
VP, Marketing and Product Management

Joel brings his years of experience in user interface design, platform and consumer product management, and mobile devices to lead Wavemarket’s Marketing and Product Management team.

Before joining Wavemarket, Joel worked at the Microsoft Corporation, where he most recently was the Lead Program Manager of the MSN Smart Watches (SPOT) initiative, launching a consumer product and service that allowed users to get up-to-the-minute content (such as sports scores, news, weather, and stock tickers) delivered to their watch.

Prior to his work on SPOT, Joel worked on the Windows Shell team through Windows 2000, Windows ME, Windows XP, and Windows Vista. Initially, Joel led design and usability improvements throughout the user interface and later moved into platform development, spearheading a company-wide cross-product communication platform effort for Windows Vista. Earlier in his career at Microsoft, Joel also drove early peer-to-peer social experience features within the MSN client products.

Joel earned an MBA with Distinction from Harvard University and holds a Bachelor of Science in Computer Science from Brown University, where he was inducted into Sigma Xi.