Led by some of the brightest minds in the industry.
Experts across merchants, payments, and media.
David Baum is an experienced general partner with 31 years in the information technology industry, including twenty one years in technology finance and ten years in entrepreneurial operating management roles.
David was a key principal that raised, launched, staffed, and managed Prism Ventures. During his tenure at Prism, the firm grew from zero to over $1.25B under management. Investments include Softricity (Microsoft), Network24 Communications (Akamai), DotBank (Yahoo), Altaworks (Opnet), Integral Access (Telco Systems), Syncra Systems (Retek), Salesnet (RightNow) and Bitfone (HP).
In January of 2006, David launched Stage 1 Ventures, an early stage venture capital firm. Investments include Carbonite (IPO), Paydiant (PayPal), PureCars (Raycom Media), e-Centives (Catalina), Skyhook Wireless (TruePosition) , Splunk (IPO), WiTricity, ViralGains, Mobee, Instream, Banshee Wines, Newburyport Brewing, OpenBay, deepDB, Marxent Labs, Autonet Mobile, Carvoyant, Tesora, Dashbell, Vivox, Promoboxx, Ditto, Sitewit, Coherent Path, Glanola, Narvii, Nexercise, Donde Esta, Scratch Wireless, Nexercise, Origin Wireless, Speedy Packets, Lumen Aero, ,TriLumina, Vivoom, Reticare, Talla, Smartvid.io, Art Lifting, Referral Mob, Tesora, Coherent Path, and BitPlay.
In June of 2010, David launched Stage 1 Growth Fund, LLC, a later stage secondary/growth equity investment vehicle. S1GF made its first investment into YMAX, Corp, a leading CLEC/VOIP provider in North America and creators of the MagicJack-branded consumer service offering. YMAX went public later in 2010 by purchasing VocalTec, a leading softswitch provider.
David holds an MBA from the Harvard Business School with second year honors and BS in Computer Science from Drexel University where he graduated first in his science class.
Lance is Managing Director of OpenAir Equity Partners, a venture capital and private equity firm solely focused on the wireless, communications and mobile Internet sectors, whose management team is comprised of wireless pioneers and experts who couple their industry expertise with savvy and sound investment acumen.
Tim Suther has over 30 years experience creating economic & societal value through information & insights.
Dekkers L. Davidson
Dekkers Davidson brings a record of entrepreneurial accomplishment and thought leadership to the Commerce Signals board of directors.
Early in his career, Davidson launched Sprint’s wireless business in the 6-state New England market. He subsequently was President at Rogers Communications where he led a turnaround of Canada’s largest mobile operator.
He graduated from Harvard Business School and was a Visiting Instructor at Harvard shortly after his graduation. He has served as a Trustee of his alma mater, St. Lawrence University and on the Board of Overseers at Colby College. He is currently a board member of the Kenya Education Fund. Dekkers and his wife, Barbara reside in Belmont, Massachusetts.