2014

Patent Hive Launches Beta, Signs Fortune 100 Customer Silicon Valley Startup Provides Automated Patent Valuation and Portfolio Management Tools

SAN JOSE, Calif., April 3, 2013 /PRNewswire-iReach/ -- Patent Hive announced today the launch of its beta program and the expansion of its customer base with the addition of a Fortune 100 company. Offering a wide range of patent intelligence tools and analytics, the Silicon Valley startup also automates patent valuation and portfolio management.

The newest addition to the Patent Hive beta boasts one of the largest patent portfolios in the world, encompassing a wide array of sectors.

"We are pleased that we exceeded the expectations of this sophisticated business during its rigorous evaluation of our capabilities," said Dr. Alon Konchitsky, Patent Hive's CEO. "This early feedback has validated nearly two years of research and focused development and our sincere belief that we already offer the best automated patent valuation and analytics solution on the market, powered by a truly groundbreaking core technology."

Patent Hive's offerings encompass patent analytics and business intelligence, including analysis of financial metrics, products, and legal information. The software-as-a-service solution employs unique algorithms, patent-pending technology, and a highly optimized proprietary database.

Providing a wide array of strategic information in the patent space, Patent Hive can produce value estimates and ranges for individual patents or entire portfolios, provide notice of upcoming maintenance fee deadlines to protect businesses from losing valuable IP, and offer detailed insights into portfolios, including a company's most valuable inventors or sector strengths.

Uses include portfolio management, due diligence for potential mergers and acquisitions, competitive analysis, and licensing or sale. Data can be accessed in a variety of formats, online or through raw-data download, and results are also presented in straightforward graphical representations of otherwise complex information.

About Patent Hive

Patent Hive (http://www.patenthive.com) intelligently automates valuation, portfolio management, business intelligence, analytics, and competitive analysis in the patent space.  The Silicon Valley startup currently offers these tools through its online beta program. For the first time, businesses have a viable alternative to the extremely expensive, complex, and time-consuming process of manually managing and evaluating their patent portfolios or those of competitors. Patent Hive offers timely access to critical information when it is needed most.

Media Contact:

Sigal Kon, Patent Hive, (650) 646-3889, media@patenthive.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Patent Hive



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