The Entrepreneurs' Fund III (TEF III)
is a Silicon Valley based seed and early stage venture fund. Our sole focus is on next generation/Web 2.0 software. It is the latest in a series of successful
early stage funds which include The Entrepreneurs' Fund Private Portfolio (TEFPP), The Entrepreneurs' Fund I (TEF I), The
Entrepreneurs' Fund II (TEF II) and The Entrepreneurs' Growth Fund (TEGF).
Since inception in 1989, the TEF family of funds has been an early stage investor in over 30 very successful companies including; Commerce One, Inc., (IPO), Sybase, Inc. (IPO), Genesys, Inc. (acquired: Alcatel), AvantGo, Inc. (IPO), Aurum Software, Inc. (IPO), Sagent Technology, Inc., (IPO), Pilot Network Services, Inc. (IPO), Resound Corporation (IPO), Intraware, Inc. (IPO), Eyeonics, Inc. (acquired: Bausch and Lomb), SenoRx, Inc. (IPO), Webify Solutions, Inc. (acquired: IBM).
Like its predecessors, TEF III takes a hands-on, team-focused approach to
early-stage investing. We view ourselves as service providers, as well as the most highly sought after form of capital; smart money. Our business model is fashioned after the pioneer firms of the venture industry. As former company founders, CEOs, Board members and senior
executives, TEF III partners know what it takes to build successful
companies. The Fund's value proposition draws on our deep operational experience, as well as the collective expertise of our Partners; which includes their extensive network of advisors, area experts, and business leaders. We have continually maintained a competitive differentiation by combining our technology-focused investment and strategic planning skills with access to world-class investment capital and our entrepreneurial ecosystem. This is how TEF III helps entrepreneurs transform innovative ideas into successful companies.
The TEF 3 approach to early stage investing has its roots in the investment models of the original Silicon Valley venture capitalists; like Sutter Hill, Brentwood Associates, Morgan Stanley and Venrock. We had the fortune of working with many of these stalwart funds in the late 1970's and early 1980's. Again, we view ourselves as service providers to our portfolio companies, and add our value in this context. We encourage you to visit the Our Successes and Entrepreneur Comments pages, as well as our Fund overview video, to get a true sense of the TEF difference.