Terrence DeFranco is CEO, President and Co-Founder of IOTA Communications. As an entrepreneurial executive, leader and accomplished public speaker, DeFranco has consistently proven his ability to plan, build, finance, lead and grow companies, resulting in improved profitability, performance and value for shareholders.

Prior to Solbright’s merger with Iota, DeFranco served as the CEO of Solbright Group, Inc. from 2013 to 2018. In the past DeFranco served as CEO of Edentify, Inc., an identity management software company.

Over the course of his career, DeFranco, who has appeared as an expert interview subject on CNBC, Fox News and NBC, has multiple high-impact initiatives – including financing and acquiring companies, launching new products, building boards of directors and advisory boards, revitalizing a company’s image, and forging new partnerships with multi-billion-dollar companies.

His background is primarily in the area of corporate finance, management and capital raising, previously serving as head of investment banking for Baird, Patrick & Co., Inc., a 70-year old NYSE Member firm and head of investment banking and founding partner of Burlington Securities Corp., a New York based investment banking and institutional equity trading firm.

Terrence DeFranco began his career on Wall Street in 1991 with UBS. He has been an active principal investor, senior manager and advisor to many early-stage companies and has extensive experience in dealing with issues related to the management, finance, operations and corporate development of startup and middle market public and private companies.

Terrence DeFranco is a graduate of the University of North Carolina at Chapel Hill with a BA in Economics and currently serves on other corporate and non-profit boards and committees.