Market Overview

GTT Group's Patent Equity Fund Ideaship Invests in SMV Data, Inc. to Provide Businesses with Cloud-Based Network Visibility Solutions

Share:

SAN JOSE, Calif., Oct. 13, 2020 /PRNewswire-PRWeb/ -- Ideaship, a patent leveraged venture capital firm that provides patent development support for early-age startups, has announced their investment in SMV Data, Inc. The investment will assist SMVData's mission to provide businesses with cloud-based network visibility software solutions.

"With data throughput volume outpacing the capacities of traditional network monitoring solutions, a new methodology and associated technologies must be adopted to grow our information technology ecosystems. SMVData is leading this effort with their cutting edge network monitoring products that provide scale, flexibility, and efficiency at a fraction of the cost. We at Ideaship are honored to be a part of their journey through our investment in their novel solution to an increasingly urgent problem, a problem that is soon to reach critical mass with the impending widespread rollout of 5G," said Robert Bell, Ideaship Venture Partner.

"Since the inception of SMVData, we recognized the importance of capturing and protecting the intellectual property (IP) associated with our Network Visibility Software and System Design. On our team we had several experienced and innovative engineers with some excellent and bright ideas. However, as a startup with limited resources, we were not putting enough effort into this task. This is where Ideaship came into the picture.

Ian Garrett and Robert Bell have done an excellent job explaining the vision of Ideaship and how they can help us accelerate the SMVData IP efforts. We are very happy with Ideashipʼs innovation experts and are eager to see what new inventions we are able to capture and what additional company value can be obtained through this partnership," said Shay Morag, CEO of SMVData.

About SMV Data, Inc.

SMVData, Inc. is a B2B based in San Jose, California. SMVData's software provides enterprises, next-generation data centers, and emerging 5G networks with cloud-based network visibility solutions. SMVData's software is easy to integrate and allows users unlimited configurations within their management system.

For more information, please visit https://smvdata.com/.

About Ideaship

Ideaship provides patent development capital for early-stage ventures.

Ideaship is a collaboration between Global Technology Transfer Group (GTT Group) and Panasonic Intellectual Property Corporation of America (PIPCA). Ideaship combines GTT Group's patent experience with PIPCA's leading patent department expertise, achieving enterprise value premiums.

For more information, please visit https://www.ideashipfund.com/.

Contact about this news:

Ideaship
Robert Bell
Email: robert@ideashipfund.com

SMVData, Inc.
Shay Morag
Email: shay@smvdata.com

 

SOURCE Ideaship

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com