This article reads like a press release or a news article and may be largely based on routine coverage .(November 2017) |
Industry | Open innovation, Technology sales & Venture capital |
---|---|
Founded | 1999 |
Founder | Ben duPont , Chris De Bleser & Phil Stern |
Number of locations | Boston, Liverpool, Tokyo and Wilmington, Delaware |
Key people | Ben duPont, Phil Stern, Tim Bernstein |
Owner | Private |
Website | www |
yet2.com is a global open innovation consulting company and technology marketplace founded in February 1999. [1] [2] [3] The company is based around the idea of matching large companies with smaller companies, inventors, startups, and academic institutions, as well as allowing all types of technologies to be bought and sold on an online marketplace. [4] [5] Shortly after the company's founding in 1999, it became the largest global market for patents. [6]
yet2.com was founded in 1999 by Ben duPont and Chris De Bleser. DuPont was attempting to sell a new technology that he had developed. Chris De Bleser was in a similar situation at Polaroid. [2] Originally intended to be an online marketplace only, yet2 changed strategies to provide more consulting services and offline project work. Since its founding the company has provided services to Fortune 500 and Global 2000 companies including Boeing, Ford, Monsanto and NTT among others. [7] [8] [9]
Until 2016, yet2 also included yet2Ventures, a secondary investment firm run by DuPont and Phil Stern. Later that year, yet2Ventures became Chartline Capital Partners and effectively separated operations from yet2.com. [10]
The company was founded with original investments from Venrock Capital, Procter & Gamble, DuPont, Honeywell, Caterpillar, NTT Leasing, Bayer and Siemens raising over $24 million. [2] [11]
The Nippon Telegraph and Telephone Corporation, commonly known as NTT, is a Japanese telecommunications company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue, as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022.
Danisco A/S is a Danish bio-based company with activities in food production, enzymes and other bioproducts as well as a wide variety of pharmaceutical grade excipients. It was formed in 1989 from the largest Danish industrial merger ever of the two old C.F. Tietgen companies Danish Sugar, and Dansk Handels- og Industri Company.
NTT Communications, or NTT Com, is a Japanese telecommunications company which operates an international network in over 190 countries/regions, with locations in more than 70 countries/regions. The company has approximately 5,500 employees as of March 2020. Its headquarters is located in the Otemachi Place West tower, Otemachi, Chiyoda, Tokyo.
Netkey is a company that provides applications and management software for self-service kiosks and digital signage. The Netkey software suite consists of packaged applications, an integrated development environment (IDE) for the assembly of kiosk applications, and server software providing kiosk and digital signage remote monitoring, content management and scheduling, data and usage capture, and reporting. The company also has a professional services group that provides business consulting, software configuration and installation, customization, and application design.
Keane was a Boston-based Information Technology services unit of NTT DATA, itself a subsidiary of the Japanese national phone company, NTT Group. It offered Application Services, as well as Infrastructure and Business Process Outsourcing solutions delivered through onsite, nearshore, and offshore resources.
Steve Blank is an American entrepreneur, educator, author and speaker based in Pescadero, California.
Ellen J. Kullman is a United States business executive. Since November 2019, she has been the chief executive officer of Carbon (company). She was formerly Chair and Chief Executive Officer of E. I. du Pont de Nemours and Company ("DuPont") in Wilmington and is a former director of General Motors. Forbes ranked her 31st of the 100 Most Powerful Women in 2014. Kullman retired from DuPont on October 16, 2015.
NTT DATA Corporation is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).
Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the "practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage." Examples of CVCs include GV and Intel Capital.
Perficient, Inc. is a global digital consultancy. The company's efforts include enterprise mobile applications, creative services, marketing, digital strategy Internet of Things, information technology, management consulting, custom development, and platform implementations.
Anaplan is a business planning software company headquartered in San Francisco, California. Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes.
Mads Kjoeller Damkjaer is a Danish industrial designer, strategist and entrepreneur. A double gold winner at Red Dot Design Awards, If Design Awards, D&AD Awards and Creative Circle Awards. Married to designer and entrepreneur Sidsel Kjøller Damkjær. He was the Managing Partner at the design and innovation agency Goodmorning Technology (2004-2013) in Copenhagen, London, New York (2008–2010) and Hong Kong (2010–2011) and has founded or co-founded several companies such as Contxt (2002), the Copenhagen Parts (2009) transportation and life style bike parts, PART (2007) and Future fwd (2012). As an investor he established the impact venture company Tomorrow Projects in San Francisco in 2011. He is an adviser and board member at several Start-up Companies as well as organisations as the Danish Design Association and Companies such as the architecture firm SHL/Schmidt Hammer Lassen in Denmark, Singapore, London and China. Mads has had leading roles in managing consulting firms as Implement Consulting Group and PA Consulting Group as Head of Innovation & Strategy and co-owner of the company, having worked out of London since 2014. He worked for RADI Designers and Robert Stadler in 2003 in Paris and is educated from the Danish Design School in Copenhagen (1999–2004), has studied part of MBA at AVT Business School (2012-2013) and has received certificates from Stanford University (2013-2015), Yale School of Business (2012) and Harvard Business School (2013). In May 2010 he was announced one of the 100 best business people under 35 yrs in the field of innovation in Denmark by Berlingske Business. Kjoeller Damjaer developed the Creative Leadership Impact Framework (CLIF) in 2014, an assessment and developing method for leaders and coined the term LeadTech as a term applied to leadership technology tools in 2010. Mads Kjoeller Damkjaer has won several strategy, innovation and leadership awards. On 17 November 2011 Mads was nominated with the Award by The Danish Design Counsel as one of the greatest talents in Scandinavia. In 2012 he received the Rising Star Award in New York, US. He lived in California part of 2016.
Deborah C. Hopkins is CEO of Double Chase Advisors and is an independent corporate board member. She was Citigroup's Chief Innovation Officer, a position she held beginning in 2008, and CEO of Citi Ventures beginning in 2010. She retired from Citigroup, effective December 31, 2016.
Benjamin Franklin duPont is an American businessman known for founding the company yet2.com and yet2Ventures. He is a member of the prominent Du Pont family. He co-founded and is a partner at Chartline Capital Partners.
QTS Realty Trust, Inc. is a provider of carrier-neutral data centers and provides colocation services within North America and Northern Amsterdam and is based in Overland Park, Kansas. The company's largest operating areas are: Northern Virginia, Dallas/Fort Worth, Chicago, Hillsboro, Oregon, and New Jersey.
CEB, now a part of Gartner, was a company providing best practice research, benchmarks, and decision support tools to business leaders in HR, Finance, IT, Marketing, Sales, Customer Service, Strategy, R&D, Procurement, Legal, and Compliance functions globally. It was one of the first firms to offer a subscription pricing model for insights and advice, challenging the prevailing consulting delivery model and paving the way for subscription-as-a-service ("SaaS") pricing models now favored by software companies. Gartner announced its acquisition of CEB in January 2017, completed the acquisition in April 2017, and integrated the company in July 2018.
DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in the development of Delaware and first arose as a major supplier of gunpowder. DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kapton, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona, Corfam and Lycra in the 20th century, and its scientists developed many chemicals, most notably Freon (chlorofluorocarbons), for the refrigerant industry. It also developed synthetic pigments and paints including ChromaFlair.
PrecisionHawk is a commercial drone and data company. Founded in 2010, PrecisionHawk is headquartered in Raleigh, North Carolina with another global office in Toronto, Canada and satellite offices around the world. PrecisionHawk is a manufacturer of drones (Lancaster) and has more recently focused heavily on developing software for aerial data analysis (DataMapper) and drone safety systems (LATAS). PrecisionHawk is a member of the U.S. Federal Aviation Administration Pathfinder Initiative and the NASA UTM Program. An angel investor in the company, Bob Young, founder of Red Hat, became CEO in August 2015. In August 2016, PrecisionHawk became the first U.S. company to receive an FAA exemption to commercially fly drones beyond the operator's visual line of sight.
WayRay is a deep-tech company with offices in Switzerland, United States, China, Hong Kong, and Germany. It develops holographic AR technologies for connected cars. WayRay's in-house R&D center and prototyping facilities create holographic optical systems, complex mechanics, electronics, and software.
Wasabi Technologies, Inc. is an American object storage service provider based in Boston, Massachusetts that sells one product, an object storage service called Wasabi Hot Cloud Storage. The company was co-founded in September 2015 by David Friend and Jeff Flowers and launched its cloud storage product in May 2017.