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==History==
==History==
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 Corporation|Polaroid]]. Together the two started the company.<ref name="forbes2000">{{cite news|author=Om Malik, 02.07.00, 2:25 PM ET |url=http://www.forbes.com/2000/02/07/mu3.html |title=Technology's clearinghouse: Yet2.com |publisher=Forbes.com |date= 2000-02-07|accessdate=2010-11-08}}</ref> 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 been provided services to [[Fortune 500]] and [[Forbes Global 2000|Global 2000]] companies include [[Boeing]], [[Ford]], [[Monsanto]] and [[NTT]] among others.<ref>{{cite web|url=http://www.seattlepi.com/business/yet12.shtml |title=Yet2.com to provide technology trading site |publisher=Seattlepi.com |date=1999-10-12 |accessdate=2010-11-08}}</ref><ref>{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/10/21/prwebprweb4673064.DTL |title=yet2.com and ideaken.com Partnership Aims to place Asia onto the Innovation World Map |publisher=Sfgate.com |date=2010-10-21 |accessdate=2010-11-08}}</ref><ref>{{cite news|last=Reidy|first=Chris|title=Yet2.com's tech licenses on the upswing|url=http://www.boston.com/business/ticker/2008/02/yet2coms_tech_l.html|work=February 7, 2008|publisher=The Boston Globe|accessdate=8 November 2010|date=2008-02-07}}</ref> Notable recent clients include the U.S. Government, with yet2 acting as the sole provider for a 5-year Open Innovation for Technology Scouting contract with [https://www.nasa.gov/offices/COECI/index.html NASA's Center of Excellence for Collaborative Innovation]<ref>{{Cite web|url=https://www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=800deae22b4a9ac1d2f54bc973530532&_cview=0|title=Open Innovation for Technology Scouting - Federal Business Opportunities: Opportunities|website=www.fbo.gov|language=en|access-date=2017-07-24}}</ref>
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 Corporation|Polaroid]]. Together the two started the company.<ref name="forbes2000">{{cite news|author=Om Malik, 02.07.00, 2:25 PM ET |url=http://www.forbes.com/2000/02/07/mu3.html |title=Technology's clearinghouse: Yet2.com |publisher=Forbes.com |date= 2000-02-07|accessdate=2010-11-08}}</ref> 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 been provided services to [[Fortune 500]] and [[Forbes Global 2000|Global 2000]] companies include [[Boeing]], [[Ford]], [[Monsanto]] and [[NTT]] among others.<ref>{{cite web|url=http://www.seattlepi.com/business/yet12.shtml |title=Yet2.com to provide technology trading site |publisher=Seattlepi.com |date=1999-10-12 |accessdate=2010-11-08}}</ref><ref>{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/10/21/prwebprweb4673064.DTL |title=yet2.com and ideaken.com Partnership Aims to place Asia onto the Innovation World Map |publisher=Sfgate.com |date=2010-10-21 |accessdate=2010-11-08}}</ref><ref>{{cite news|last=Reidy|first=Chris|title=Yet2.com's tech licenses on the upswing|url=http://www.boston.com/business/ticker/2008/02/yet2coms_tech_l.html|work=February 7, 2008|publisher=The Boston Globe|accessdate=8 November 2010|date=2008-02-07}}</ref> Notable recent clients include the U.S. Government, with yet2 acting as the sole provider for a 5-year Open Innovation for Technology Scouting contract with [https://www.nasa.gov/offices/COECI/index.html NASA's Center of Excellence for Collaborative Innovation]<ref>{{Cite web|url=https://www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=800deae22b4a9ac1d2f54bc973530532&_cview=0|title=Open Innovation for Technology Scouting - Federal Business Opportunities: Opportunities|website=www.fbo.gov|language=en|access-date=2017-07-24}}</ref>

Until 2016, yet2 also included yet2Ventures, a secondary investment firm run by DuPont and Phil Stern. In 2016, yet2Ventures became [http://www.chartline.com/ Chartline Capital Partners] and effectively separated operations from yet2.com<ref>{{Cite web|url=http://www.yet2ventures.com/|title=yet2Ventures|website=yet2Ventures|access-date=2017-07-24}}</ref>.

===Funding===
The company was founded with original investments from Venrock Capital, [[Procter & Gamble]], [[DuPont]], [[Honeywell]], [[Caterpillar Inc.|Caterpillar]], NTT Leasing, [[Bayer]] and [[Siemens]] raising over $24 million.<ref name="forbes2000"/><ref>{{cite news|last=Aldrick|first=Philip|title=Yet2.com bucks trend with $20m funds|url=http://www.telegraph.co.uk/finance/4481660/Yet2.com-bucks-trend-with-20m-funds.html|work=February 12, 2001|publisher=Telegraph Media Group Limited|accessdate=8 November 2010|location=London|date=2001-02-12}}</ref>


==See Also==
==See Also==

Revision as of 05:30, 25 July 2017

yet2.com
IndustryOpen innovation, Technology sales & Venture capital
FounderBen duPont , Chris De Bleser & Phil Stern
Number of locations
Boston, Liverpool, Tokyo and Wilmington, Delaware
Key people
Ben duPont, Phil Stern, Tim Bernstein
OwnerPrivate
Websitewww.yet2.com

yet2.com is a global Open Innovation consulting company and technology marketplace founded in 1999.[1][2] 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 via an online Marketplace. yet2.com has six product areas: Tactical Targeted Search, Strategic DealFlow Service, Out-licensing Technology Marketing & Business Development, Innovation Tours, Patent Transactions, and Submissions Portals.[3][4]

History

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. Together the two started the company.[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 been provided services to Fortune 500 and Global 2000 companies include Boeing, Ford, Monsanto and NTT among others.[5][6][7] Notable recent clients include the U.S. Government, with yet2 acting as the sole provider for a 5-year Open Innovation for Technology Scouting contract with NASA's Center of Excellence for Collaborative Innovation[8]

See Also

Technology Scouting

Open Innovation

References

  1. ^ "offers scientists and researchers the opportunity to unearth critical technologies. Here, we unearth yet2.com Inc". yet2.com. Retrieved 2010-11-08.
  2. ^ a b Om Malik, 02.07.00, 2:25 PM ET (2000-02-07). "Technology's clearinghouse: Yet2.com". Forbes.com. Retrieved 2010-11-08.{{cite news}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  3. ^ "Products". yet2.com. Retrieved 2010-11-07.
  4. ^ "DuPont's Yet2 Raises $100 Million After Japan Tie-Up". BusinessWeek. 2010-09-27. Retrieved 2010-11-07.
  5. ^ "Yet2.com to provide technology trading site". Seattlepi.com. 1999-10-12. Retrieved 2010-11-08.
  6. ^ "yet2.com and ideaken.com Partnership Aims to place Asia onto the Innovation World Map". Sfgate.com. 2010-10-21. Retrieved 2010-11-08.
  7. ^ Reidy, Chris (2008-02-07). "Yet2.com's tech licenses on the upswing". February 7, 2008. The Boston Globe. Retrieved 8 November 2010.
  8. ^ "Open Innovation for Technology Scouting - Federal Business Opportunities: Opportunities". www.fbo.gov. Retrieved 2017-07-24.

External links