Companies Built

Hefaistos Inc, Markham, Ontario

Hefaistos is a designer and manufacturer of programmable ADSL and cable modems, privately held. Mihnea founded this company in 1995. He was also the President, CEO and CTO before he sold it to a private investor group for $21 million in 1999.

Redline Communications website

Redline Communications, Markham, Ontario

Currently one of the world leaders in 4th generation wireless broadband telecommunications equipment, with sales in 80 countries, Redline has $50+MM in annual product revenue.

Mihnea founded Redline in 1997. Since then he has played a multitude of roles including President, Chief Executive Officer, Chief Technical Officer, VP Engineering, and Director.

Redline's successes include:

  • Wireless Fast 50 (2006)
  • Deloitte Fastest Growing Company in Central Canada, 2002-2007
  • first to market globally with new generation product suite, recognized by SuperQuest Awards (2001, 2002) by Wireless Communications Association
  • global leader in WiMax by the end of 2004, with the first certified WiMax product in field trials world-wide. Annual product revenues grew to $18.5 MM based on sales to global customers


© Mihnea Moldoveanu