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General Information

Funds

Offices

Palo Alto Office
169 University Avenue
Palo Alto, CA, 94301
USA

People

Founder
Chief Technology Officer
Board Member
Executive Director / Board Member
CommerceNet Fellow
Manager, Special Projects

Tags

CommerceNet

At CommerceNet, they harness the power of the Internet to transform existing processes—making them better, faster, and more efficient. They do this by:

-Finding the right talent and backing it

-Tapping the collective intelligence to solve problems and improve decisions

-Redefining processes to put more intelligence into software

-Dramatically lowering transaction costs, creating new categories of products and services

As a result,they’ve created a balanced portfolio of initiatives—long-term and short, high risk and sure thing, never been tried and retried at the right time, too theoretical to work and so obvious it must have been tried long ago.

Currently, their two biggest passions are changing how Internet security is done and improving healthcare by industrializing therapy development. Both of these initiatives utilize the Internet to radically alter the status quo, introducing novel approaches to long-standing problems.

Recent Milestones

Investments

Company Date Round Size Participants
Angstro 5/2007Seed$225k1
PatientsLikeMe 2/2007Series A$5M1
Powerset 5/2006Venture Round$2M3
ChipIn 1/2006Venture Round$200k1
SupplyFrame 8/2003Seed$2M1

Videos

Sources

  1. CommerceNet [edit]
  2. patientslikeme.com [edit]
  3. EDGAR [edit]
  4. EDGAR [edit]
  5. Citation Needed [add]
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Last Edited 2/16/14

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