Binding devices to digital relationships

what we do

Rivetz is developing an infrastructure for managing device identity, attributes and endpoint execution protection rooted in the crypto chips available in nearly all consumer computing devices. We bridge Trusted Computing’s broad investment in endpoint security with the explosive promise of digital transactions pioneered by Bitcoin and other valued digital relationships.

Tools and services from Rivetz enable networks, wallet providers, web services and others to bind into the existing security hardware of endpoint devices. Our partners enable an experience which is at once easier to use and far more trustworthy.

Partner with us to realize a more dependable and approachable services network. A billion devices have shipped with built-in security hardware. Millions more are committed in 2015. Rivetz brings years of experience and relationships to see through the transition to a modern network built around the device.

founding team

Steven SpragueCEOSteven Sprague is the CEO of Rivetz Corp., a director at Wave Systems Corp and one of the principle industry evangelists for the application of trusted computing technology. Steven served as President and CEO for 14 years at Wave before transitioning to the board of directors. A popular speaker on cybersecurity and trusted computing, Steven has a strong technical foundation in the principles, capabilities and business models of incorporating trusted hardware into everyday computing, and is skilled at translating these concepts into layman’s terms.

Steven is the co-founder of Rivetz Corp. a new company focused on the use of trusted computing for the consumer market. Rivetz is also playing an important role in providing the key technologies for the protection of private keys and secure instructions for Bitcoin and other crypto currencies.

Steven has a passion for making trusted computing’s best-in-class security solutions accessible, understandable and easy-to-use, and has helped some of the world’s largest enterprises secure their data and networks. He was influential in the development and application of the self-encrypting drive industry standards, supporting the technology early and leading in the commercialization of the drive management and recovery capabilities. During his tenure at Wave, over 130 million copies of licensed software were delivered globally through multiple PC OEM partners, and the US and European governments took clear strides to standardize on the use of trusted computing. Steven holds a number of patents and continues to push for market adoption of industry standards-based security.

Steven graduated from Cornell University with a B.S. in mechanical engineering. He enjoys farming in Western Massachusetts with his wife, two daughters, and a few too many horses.
Michael SpragueCTOMichael is an original web veteran. He's developed and directed products spanning digital micro-transactions and trusted execution networks in the nineties, interactive TV and network video distribution in the naughts and more recently device identity and social media privacy.

Michael's career began as a developer and architect for a small but prestigious consulting firm contracted to redefine the global banking system for such clients as JP Morgan, Citibank and Fidelity. With the advent of the web, Michael joined Wave Systems as systems architect and delivered one of the very first micro payment system. ( had a tip jar in 1997.)

Michael left Wave to work as VP of Services and later President of Wavexpress where he pioneered alternative video distribution and the integration of television with the interactive web. In 2008 Wavexpress delivered the Beijing Olympics to Microsoft Media Center customers in ground-breaking interactive HD.

Back at Wave in 2010 Michael devised and delivered Scrambls, a critically acclaimed service for encrypting social media interactions, and Knowd, a service for simplifying web authentication through hardware-backed device identity.

Michael is a long-time New Yorker where he lives with his wife and two kids.
Shailendra JainBusiness DevelopmentTechnology Entrepreneur with expertise in Mobile, SaaS, Multimedia and Security. Mr. Jain is the founder of Abaqus, a company focused on providing mobile security, location & messaging solutions for business customers. Prior to that, Mr. Jain was the CEO of Adamind, a Company supplying multimedia technology solutions to 100+ Mobile Operators worldwide. Mr. Jain spun out Adamind from Philips Electronics in 2004, successfully listed the company on AIM (London) and completed its sale in Q2 2007.

Prior roles include at GM of a BU at Philips Electronics, VP at Wave Systems Corp. (building a wallet and micro transaction solution) and Software Engineer/Architect at Novell (Serius Corp.).

Mr. Jain graduated from University Of Utah with a BS and ME in Computer Science.
Bhavan ShahEngineering OperationsBhavan Shah brings over 20 years of hi-tech industry experience for technology and product strategy, development and management. His background includes expertise in computer networking and infrastructure, distributed and cloud computing, operating systems and real-time embedded systems, computer security, secure digital video distribution and entitlement management systems, and technology enabled digital marketing ecosystem and online transaction processing.

Most recently, Bhavan is helping clients in building scalable cloud based bio-signal processing for big-data analytics as well as cloud enabled technology solutions for consumer marketing.

In prior experience, Bhavan was CTO at Cauldron Solutions and Anystream/Grab Networks. Bhavan was responsible for technology roadmap, architecture, product development, intellectual property development, team leadership and management, and outsourcing. Bhavan led development of Entitlement Platform, Video Business Workflow Management, and Video transcoding products for media and service providers. Bhavan worked with engineering and operations teams at top cable MSOs and media companies guiding them through integration, testing, field trials, and deployments.

Prior to that, Bhavan was CTO at Wavexpress where he helped create technologies for end-to-end secure video publishing, distribution, and consumption. Bhavan led a team to develop LDPC based robust error correction capability for large video file multicasts in cable and satellite networks. Working with Wave Systems, Bhavan helped Wavexpress to develop a hardware based secure video distribution and digital rights management system for secure video playback.

Prior to Wavexpress, Bhavan was Chief Software Architect at Toshiba America Consumer Products, leading work on interactive digital video solutions, home networking, and data broadcasting. He worked at Intel Corporation on real-timeembedded operating systems, hi-speed real-time data transport, and TCP/IP andOSI network stack. He also worked on GPS and satellite remote sensing at IndianSpace Research Organization.

Bhavan holds M.S. in Electrical and Computer Engineering from University ofArizona.
H. Peter FelgentreffVice President of SalesDuring his 20+ years of experience, H. Peter Felgentreff has built a solid listing of accolades for innovative software technology companies, both public and private. Focused on market entry and revitalizing business development efforts, Peter has served in a variety of turnkey roles for technology companies spanning the globe. Peter’s keen eye for efficient growth strategies has lead to breaking ground on operations in North America, preparing for acquisitions, launching global sales organizations, building Fortune 500 account rosters, and a myriad of other impact initiatives.

Most recently, Peter led the sales and business development efforts for a Qualcomm-funded PARC technology spin-off SaaS provider and for a Gartner Magic-Quadrant rated NAC / SDN venture. He lead the incorporation in North America of German-based NCP engineering, where he served as President and CEO, Americas. Taking the company to profitability in less than one year, his achievements include strategic partnerships with Juniper Networks, OEM relationships with leading companies such as Motorola, and the recruitment of over 500 channel partners including Dell, IBM, SHI, Synnex and Zones.

He has held various executive leadership positions with many prominent security and digital rights protection companies including Kerio Technologies, ShieldIP, Zone Labs and Aladdin Knowledge Systems, Inc.

Peter is fluent in German, and an avid aviation enthusiast.


Bradley RotterVice ChairBradley Rotter is a visionary investor who has pioneered investment in many new alternative investments classes beginning with Hedge Funds in 1982 while speculating on the Chicago Mercantile Exchange. He traded Government Bonds for EF Hutton on Wall Street before returning to Chicago to the Board of Trade.

Bradley moved to San Francisco in mid 80's to be close to the technology fountainhead of the Bay Area. He is best known for famous quote in 1995 "this internet thing is going to be big"

Bradley was awarded the Investor Dealers Digest Private Deal of the Year Award in 1996 for an innovative securitization which precede an IPO on Nasdaq

Bradley has made numerous VC and PE investments, with a particular focus on internet and technology and spanning from hedge funds to satellites.
Joe TrippiBoard MemberJoe Trippi – heralded on the cover of The New Republic as the man who "reinvented campaigning" – is widely recognized as one of America’s leading and most influential political strategists.

Born in California, Trippi began his political career working for Senator (Ted) Edward M. Kennedy in 1980. Trippi has worked in several Presidential campaigns, most notably managing Governor Howard Dean's pioneering effort in the 2004 presidential campaign.

Trippi has run and consulted on numerous presidential, senate, congressional, gubernatorial and mayoral races.

In 2004, as the National Campaign Manager for Howard Dean’s presidential campaign, Trippi pioneered the use of online technology to organize what became the largest grassroots movement in presidential politics. Through his innovative use of the Internet for small-donor fundraising, "Dean for America" raised more money than any Democratic presidential campaign to that point – all with donations averaging less than $100.

According to The Atlantic magazine, Trippi’s influence on Democratic Party politics has been profound and lasting:

"The small-dollar Internet donor base attracted by Dean and flogged relentlessly by Trippi has transformed the party’s fundraising. Every single campaign uses Trippi-patented tactics to raise money. The men and women Joe Trippi cultivated on Dean’s staff have stormed the gates and occupy positions of power in major party and campaign offices."

Trippi also has an extensive international resume. In 1993, he worked for then PASOK leader Andrea Papandreou’s successful campaign of Prime Minister of Greece, as well as for his son, George Papandreou, in 2007. Trippi has advised Tony Blair in his campaign for Prime Minister of the UK. In 2006, he worked for Romano Prodi on his winning race for Prime Minister of Italy. Joe Trippi was the lead strategist for the successful campaign for Goodluck Jonathan, the current President of Nigeria. In 2010 Trippi worked in Iraq to help build the country's democratic process there.

In addition to his political work, Trippi has consulted with a number of leading corporations including MasterCard, Toyota, DaimlerChrysler, SES Americom, LabCorp, IBM, Lionsgate Films, BestBuy, MSNBC, Wave Systems, and Progeny Linux Systems. Trippi is especially acclaimed within the technology community. In 2004 he won Wired Magazine’s Rave Award for his use of innovative technology in politics. Leading Internet companies, from Yahoo!, to Google invite him to speak to their employees and affiliates.

Joe Trippi has been profiled in The New York Times, The New Republic, Fast Company, The Atlantic, The Washington Post and The New York Times Magazine. He is a FOX News Channel political analyst and former Harvard University Fellow.

Trippi is the author of "The Revolution Will Not Be Televised: Democracy, the Internet and the Overthrow of Everything," the story of how his revolutionary use of the Internet combined with an impassioned, contagious desire to overturn politics-as-usual grew into a national grassroots movement – and changed the face of American politics forever.
George GilderBoard MemberAuthor of 15 books: Knowledge&Power: The Information Theory of Capitalism (Regnery 2013); Men&Marriage; Wealth&Poverty (new edition Regnery 2012);The Spirit of Enterprise and Recapturing the Spirit of Enterprise (Micron Technology history). Most recent are technology histories and prophecies: Life After Television, Microcosm, Telecosm, The Silicon Eye, and The Israel Test (reissued with foreword by Joe Lieberman, Encounter, 2012). Microcosm and Telecosm both listed among the era's top 10 technology books by VentureBeat in 2012 and Microcosm was ranked among the top two technology books by Wired. Knowledge and Power was honored as the libertarian "book of the year" by FreedomFest 2013. Frequent contributor to Forbes publications and the Wall Street Journal. Co-author The Party That Lost Its Head (Knopf, 1965) , with Bruce Chapman, chairman, the Discovery Institute in Seattle. Work as venture capitalist (angel) specializing in U.S. technology companies (such as Otoy--world's leading 3D graphics in the cloud, Immusoft, pioneering the programming of immune cells, Seldon Technology--carbon nanotube filter products, and Israeli technology companies--such as ASOCS, world leading software defined radio chip design).

For three years, owner and publisher of the American Spectator. For more than 10 years, wrote and edited the Gilder Technology Report. Began technology writing in the Rosen Electronics Letter and Release2.0. I have served on the boards of directors of private companies such as Berkshire Corporation (10 years; cleanroom products) and Seldon Technology (current; carbon nanotube filters) and public companies such as Wave Systems (20 years and active), K-12 (several years in the late 1990s and early 2000s), Mosaix (5 years in the 1990s). Number 27 Management Guru in Clayton Christensen's Top 50. Founder and fellow of the Discovery Institute.

07/30/2014 - Rivetz development progress on Trustonic
:: We have our first basic applet up in the Trustonic environment. This is running on a development platform supplied by Trustonic which enables ...
07/15/2014 - Rivetz Corp. Selected by AlwaysOn as ...
Recognized for creating new opportunities in the Global Silicon Valley :: New York, NY, July 14, 2014 – Rivetz Corp, the leader in ...
07/09/2014 - Modernizing payments: the transition ...
:: July 9, 2014 :: :: Today’s modern payment system can be thought of in three parts: Legers, Transaction Processors and Instructions.  :: ...
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