Jay Friedman

The Ketera Network TM transforms business buying and selling by integrating an enterprise-class spend management solution and an active community of 250,000 business buyers and suppliers that have transacted over $4 billion in spend and actively collaborate to improve results. Using the Ketera Network, the procurement organization can improve the efficiency and effectiveness of their entire source-to-pay process with its enterprise-class spend management capabilities that includes sourcing, contract management, procurement, invoicing and spend analytics. In addition, the Network's supplier discovery and marketing tools help suppliers grow their business and enable buying organizations find better suppliers. Finally, its network-level analytics enable buying organizations and suppliers to benchmark and improve their business strategies. By simultaneously delivering considerable cost savings for buyers and new business opportunities for suppliers, the Ketera Network represents the next generation of business applications that benefit from a strong community multiplier effect. Ketera is located in San Jose, CA. The company has blue chip investors including Kleiner Perkins Caufield & Byers, Foundation Capital, Integral Capital Partners, Emergence Capital Partners, and American Express.

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