CommerceNet is an entrepreneurial research institute that invests in exceptional people with bold ideas.
Business Model:
Revenue: $10M
Employees: 2-10
Address: 5050 El Camino Real Suite 215
City: Los Altos
State: CA
Zip: 94022
Country: US
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&s;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.
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Announced Date | Company | Transaction | Money Raised |
---|---|---|---|
2/2007 | PatientsLikeMe | Series A | 0 |
1/2006 | ChipIn | Seed Round | 200k |
5/2006 | Powerset | Series A | 0 |
5/2007 | Angstro | Seed Round | 225k |
8/2003 | SupplyFrame | Seed Round | 0 |
5/2007 | Angstro | Seed Round | 0 |
2/2007 | PatientsLikeMe | Series A | 0 |
5/2006 | Powerset | Series A | 0 |
1/2006 | ChipIn | Seed Round | 0 |
8/2003 | SupplyFrame | Seed Round | 0 |
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