PHOTO: ALEX FRADKIN
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Tracking Trucks: Aleks Göllü [center] and his team at Pinc
Solutions use RFID devices and clever software
to track the position of trucks and trailers in
large distribution yards. VCs gave Pinc a big
cash infusion from late last year, and it has
since started service to its first customers.
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I’m in a Silicon Valley café with a stack of interview
notes when I tune in to the conversation at the next
table. ”We just got funded or, well, we had a million,
but we got a few more…” The day before, I overheard two
men and a woman review résumés for a start-up developing
Web-based software for a pen computer. I almost expect
the barista to throw in a second round of funding with
my latte.
It‘s a far cry from the sackcloth-and-ashes ambience
of just four years ago, when out-of-work engineers
camped out in coffee shops because they no longer had
real offices. The energy, the ideas, and the money have
all come back to Silicon Valley, and the only problem
for a tech reporter is to find a representative sample.
I chose five new-generation entrepreneurs—with
electrical engineering or computer science degrees, or
both—from four nascent companies.
You probably haven’t heard of any of them, in part
because their start-ups are just coming out of “stealth”
mode, a time before product release when the company
says little. All five technologists began putting their
ideas together after the dot-bomb, and they recently got
funding from venture capitalists.
But they traveled different paths to Silicon Valley,
with different ideas, different technology, and
different markets. Each firm had to be special, because
venture capitalists no longer fund cookie-cutter
businesses planning to make money in some undefined way
off the Internet.
Aleks Göllü,
cofounder of Pinc Solutions, started his journey in
Istanbul. He arrived in the United States in 1983 and
earned his bachelor’s degree in electrical engineering
at the Massachusetts Institute of Technology. He moved
to California in 1987 to work on his master’s degree and
eventually his Ph.D. at the University of California at
Berkeley, specializing in modeling of large-scale
systems, particularly automated highways. Along the way,
he worked at Oracle Corp. and Teknekron Communication
Systems which, among other things, builds network
management systems for telecommunications carriers. And
from 1995 to 1997, he served on Berkeley’s research faculty.
By then, he says, he had figured out that he wanted to
work at a start-up. Oracle, with 2000 employees when he
left in 2000, felt too big. Teknekron, at 160 employees,
had been a better size.
“I belong at a company where innovation is at its
inception,” Göllü says.
In 1998, Göllü and two partners started a company,
OtelNet, to develop a way of enabling telecommunications
companies to offer their customers one-number service,
that is, one phone number would reach their home,
business, or cellphones, depending on the customer’s
availability. The company ended up developing
text-messaging applications that connected cellphones to
the Internet. OtelNet raised US $3 million in its first
round of financing and more than $10 million in its
second round.
Göllü says that running an infrastructure company in
the dot-com era was like riding out a storm. During the
boom, he found it hard to hire people. Then, after the
bust, the dream of a billion-dollar initial public stock
offering blew away. Telecommunications Systems bought
the company. Göllü stayed on for about a year and a
half, then started Pinc in 2004 with a small investment
from the Siemens Technology to Business Center, in
Berkeley, Calif.
Pinc’s mission is to move the automated tracking of
products beyond warehouse walls and into large
distribution yards. Doing so involves mastering a higher
degree of complexity than can be managed with today’s
radio-frequency identification systems, the tags that
identify everything from socks at Wal-Mart to lost pets.
The reason: in big distribution yards, huge warehouses
serve a variety of retailers, and hundreds of trucks
come and go daily, dropping off shipments that are then
sorted and shipped out to stores. Even today, such
facilities still depend on a guy with a clipboard who
walks around the parking lot, tracking goods.
Here’s how Pinc does the job: A distribution yard
employee puts an RFID tag on each trailer when it enters
the yard. Inside the yard, the trucks that hitch up to
the trailers and tow them around are equipped with a
tracking unit containing an RFID reader, a GPS device,
and other off-the-shelf hardware that senses when a
truck moves and in which direction. As the trucks go
about their business, the tracking unit determines which
tags are within range and transmits that information via
802.11g to a nearby Internet access point, which sends
it on to Pinc’s server. Software on the server maps the
position and movement of the trucks and trailers in the
yard in real time. The manager of the distribution
center can view the map and look at related data using a
Web browser.
Pinc got an undisclosed infusion of capital in March
from Sutter Hill Ventures. The company now has a dozen
employees and has started service to its first few customers.