CO-based ScaleIP secures $1.5million in funding. Greater Colorado Venture Fund led the round, and Tunitas Venture, Comeback Capital, Community Access Fund, and Seed Round Capital also participated.
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The money will be used by the business to hasten the expansion and uptake of its IP business intelligence offering. ScaleIP, led by CEO Mark Leonard, simplifies the process of locating the appropriate businesses and individuals to license, sell, or work together on any given patent by fusing intelligence with IP transaction data.
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According to Mark Leonard, businesses are quickly implementing new monetization tactics as a result of an increase in IP registrations and record-breaking corporate IP expenditures. ScaleIP uses transaction data to discover and connect with the most likely intellectual partners, which helps IP teams make better patent decisions, minimize personnel costs, and generate new revenue streams.
About ScaleIP
ScaleIP simplifies the process of locating the appropriate businesses and individuals to license, sell, or cooperate on any patent by fusing intelligence with IP transaction data. For additional information.
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