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.

Jay Tenenbaum Ph.D

Co-Founder and Chairman

9 past transactions

Cancer Commons

Seed Round in 2021
Cancer Commons aims to ensure that patients and their physicians have the knowledge they need to make the best possible personalized

CollabRx

Venture Round in 2011
CollabRx uses information technology to inform personalized cancer treatment planning by combining the world's knowledge on cutting-edge therapies with specific insights from the nation's top cancer experts starting with the area of greatest need: advanced cancers in patients who have effectively exhausted the standard of care.

Usable Security Systems

Venture Round in 2009
UsableLogin makes passwords obsolete and gives you secure access to any web site. All you have to do is recognize your picture and remember one simple codeword to log in securely, anywhere. UsableLogin will be available in early 2009.

Angstro

Seed Round in 2007
Angstro delivers critical business news about people and companies across professional networks. By leveraging existing services such as LinkedIn, Facebook, and Twitter, Angstro helps users to easily discover and share news about colleagues and clients. Unlike clipping services that confuse different people with the same name, Angstro both disambiguates names and analyzes social graphs to prioritize those relationships that matter most. Founded in 2007 by serial entrepreneurs with decades of experience developing real-time notification solutions, Angstro is located in Palo Alto, California and on the Web at www.angstro.com.

PatientsLikeMe

Series A in 2007
PatientsLikeMe is a personalized health network of an integrated community, health management, and real-world data platform. It helps people find new options for treatments, connect with others, and take action to improve their outcomes. The company has worked with every major pharmaceutical company and a range of government organizations to bring the patient voice to research, development, and public policy. With more than 600,000 members, PatientsLikeMe is a trusted source for real-world disease information and a clinically robust resource that has published more than 100 research studies. The Boston, Massachusetts-located company was founded by Ben Heywood, James Heywood, and Jeff Cole in 2004

Powerset

Series A in 2006
Powerset is a search engine focused on natural language processing. In other words, Powerset will not search based simply on keywords alone, but will try to understand the semantic meaning behind the search phrase as a whole. The company [launched](http://www.techcrunch.com/2008/05/11/powerset-launches-showcase-for-user-search-experience/) in Sep 2005 with intentions of making search more easy and intuitive. Powerset was acquired by [Microsoft](/organization/microsoft) on 1st July 2008.

ChipIn

Seed Round in 2006
ChipIn is an online fundraising service that includes a widget and application developer for businesses. They still aim and focus on empowering and engaging a wide and distributed network of supporters particularly those with brilliant and outstanding ideas in fundraising. This is expected to apply mainly to major and large-scale funding campaigns that take into consideration all or many players in this niche. What’s more, all this is just a rough guideline of what they intend to do. Any useful suggestions of how to relaunch this platform are indeed welcome. At the end of the day, the bottom line remains that they still believe that any idea that is worth poring over is still worth seeing the light of day, as long as it is to the greater benefit of humanity.

SupplyFrame

Seed Round in 2003
SupplyFrame is a prominent intelligence platform that serves the global electronics value chain, offering design-to-source intelligence solutions. The company analyzes billions of signals related to design intent, demand, supply, and risk to provide valuable insights at critical decision points throughout the product lifecycle. Its software-as-a-service (SaaS) offerings are utilized by over 10 million professionals in engineering and supply chain sectors, facilitating innovation and optimizing substantial annual direct materials expenditures. Headquartered in Pasadena, California, SupplyFrame operates additional offices in cities such as Austin, Belgrade, Grenoble, Oxford, San Francisco, Shanghai, and Shenzhen, reflecting its extensive reach and commitment to enhancing the efficiency of the electronics industry.

Webify

Series A in 2002
As of August 2, 2006, Webify Solutions, Inc. was acquired by International Business Machines Corp. Webify Solutions, Inc. provides industry-specific SOA software and services. It develops and markets on demand industry solutions to offer business agility and measurable business value for healthcare and insurance companies. The company was founded in 2002 and is headquartered in Austin, Texas.
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