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Patlytics, an AI-powered patent analytics platform, wants to help enterprises, IP professionals, and law firms speed up their patent workflows from discovery, analytics, comparisons, and prosecution to litigation.
The outfit recently launched its product, which is SOC-2 certified, and already serves some top-tier law firms and a few in-house legal counsels at enterprises as customers.
Its target users include IP law firms and companies with several patents.
“Protecting intellectual property remains a major priority and business requirement for information technology, physical product, and biotechnology companies.
Notably, the round also attracted a host of angel backers, including partners at premier law firms, Datadog President Amit Agarwal, Fiscal Note founder Tim Hwang, and Tapas Media founder Chang Kim.
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Now it’s building out its suite of AI products with the launch of its AI assistant CoPilot.
PatSnap CEO and co-founder Jeffrey Tiong tells TechCrunch that PatSnap exists to remove friction in the innovation process for its customers, both within IP and R&D teams, and between them.
IP teams can use PatSnap’s AI tools to analyze their markets and protect inventions at scale, says Tiong.
What CoPilot does is build further onto PatSnap’s AI products.
It enables IP and R&D teams to find what they need more quickly within patents, non-patent literature and technical news.
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Apple will be halting sales of its Series 9 smartwatch, TechCrunch has confirmed.
The news, shared by 9to5Mac, follows an October ruling by the International Trade Commission (ITC), owing to a patent dispute with California-based med tech firm, Masimo.
This includes pausing sales of Apple Watch Series 9 and Apple Watch Ultra 2 from Apple.com starting December 21, and from Apple retail locations after December 24.
Apple strongly disagrees with the order and is pursuing a range of legal and technical options to ensure that Apple Watch is available to customers.
Should the order stand, Apple will continue to take all measures to return Apple Watch Series 9 and Apple Watch Ultra 2 to customers in the U.S. as soon as possible.
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Founded in 2011, IPR Rally is a startup that develops a knowledge graph-based patent search engine. The company has raised €10 million in a Series A round of funding. Looking…