Hello and welcome to my site.
I’ll keep it short.
Michael
Fainshtein
hardware engineer
and a serial
Technology Entrepreneur.
bio
PROJECTS
contacts
“Tell me and I forget. Teach me and I remember. Involve me and I learn.”
- Benjamin Franklin
HOBBY:
CREATING PROOF OF CONCEPTS AND WORKING PROTOTYPES FOR A NEW TECHNOLOGIES.
Family:
Lovely Wife, two beautiful Daughters and a great Son.

Many years ago, I teamed up with a friend of mine: Eugene Volkov to create an E-Commerce Platform and High Secure multi-currency processing gateway (Our first “EXIT”). Since that time, we have worked together on a few highly successful hardware and software projects.

A few years ago, I traveled with my family to Israel to take some time off from my fourth startup and to enjoy a hot climate of a Mediterranean country. It ended by the very long conversation in between my lovely wife (Ph.D. MD) and my aunt (PH.D. Cardiologist) about some futuristic medical oriented devices each person has to have. During the same trip, other friends of mine: Daniel Gurevich and Yitzhak Weiss had a chance to meet with Eugene. RESULT: I found myself founding the Fifth startup - Mircod.

“Chop your own wood and it will warm you twice.”

- Henry Ford
BizChord – IncrediMail
Our first e-commerce gateway. Software product and services oriented platform to enable real-time billing, processing, tracking and fraud protection.
AS A RESULT: Our first Technology sale.
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Luma Strike
Complex R&D electroluminescent technologies. Creating flexible, flat, thin, neon look alike, light source EL panels. Panels can then be cut into various complex shapes.
This technology is set to take over backlit posters among a host of other light source based products that are energy inefficient, expensive and bulky. The potential for this product is immense across a wide range of applications.
AS A RESULT: Private sale.
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Multisence
The company has developed an open source platform that targets real-time physiological and bio-mechanical monitoring solutions. New technology is changing the way we approach medical tests, the smart apparel manufacturing, military and first responders.
IN WORK....
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Credorax
An acquirer specifically focused on the e-commerce and m-commerce arenas, Credorax introduces an entirely new breed of acquiring — Smart Acquiring — to PSPs, ISOs and online retailers.
ACHIVEMENTS: Company raised over $130 million to support that vision. Among investors: Columbus Nova Technology Partners, Blumberg Capital and FTV Capital
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Xromb
Set of software and hardware technologies to offer a portfolio of secure and scalable mobile development modules to enable rapid enterprise mobile application development. Specializing in NFC and M-Commerce.
AS A RESULT: Three patents in North America. Private M&A.
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Mircod
The Internet of Things (IoT) is a trend in which the physical world is becoming a type of enormous information system — through sensors and telematics embedded in physical and live objects and linked through wireless networks.
IN PROGRESS....ALFA PROTOTYPES
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“Chop your own wood and it will warm you twice.”

- Henry Ford
Special Thanks:

Yaron Adler – The first CEO of IncrediMail - his trust & support
brought my company to the first exit.

Alex Kramarov – The brightest software engineer, second cousin
and amazing friend.

Eugene Volkov – Friend and the BEST Systems Analyst
I ever worked with.

Yitzhak Weiss – Friend, very honest and sincere colleague,
a family man and down to earth Gentleman.

Contacts