Wednesday, October 8, 2014

Patent Monetization New Business Model Case Study (1): IP-Backed Spin-Off

Company name: Newracom, Inc.
Location: Irvine, California
Background: WiFi research team members from ETRI in S. Korea formed a start-up supported by more than 100 patents and funded $15M from a venture capital.
Business model: IP protected WiFi connectivity SW & chipset solutions (IEEE 802.11ah based WiFi sensors for the smart grid/IoT/M2M applications)
Patent monetization: Licensing royalty of ETRI’s patents from Newracom; profit from customized IP solutions

Company name: CF Global
Location: Bellevue, Washington
Background: The first spin-off from Intellectual Venture’s Invention Development Fund, which works with the inventor of Coffee Flour, Dan Belliveau, who is a founder and CEO of CF Global.
Patent monetization: Profit from the equity of CF Global business

...... To be added more cases

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