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Inventergy

19925 Stevens Creek Blvd, #100, Cupertino, California, 95014, United States

Overview

Inventergy Global is a Silicon Valley intellectual property company focused on identifying, acquiring and licensing patented technologies from market‑significant technology leaders. The firm leverages industry experience and connections—led by CEO Joe Beyers—to help companies monetize innovations. Its core product is IP acquisition and licensing services rather than a physical product. The company says it has a pipeline of potential revenue and intends to use new capital to execute on that pipeline and enhance shareholder value. In January 2016 Inventergy completed a private placement financing to provide resources for its corporate trajectory. The company emphasizes licensing and monetization of patents for Fortune 500 and other technology firms. Inventergy is an intellectual property acquisition and licensing company that identifies, acquires and licenses patented technologies of market-significant technology leaders. The company’s portfolio contains over 660 patent assets, and the convertible notes are secured by a first priority lien on all assets including 667 patent assets acquired from Huawei and Panasonic. It plans to use the $3 million in additional financing to expand operations and continue its acquisition and licensing programs while accelerating growth and monetization activities. The company said the capital will also be used to restructure existing indebtedness and strengthen its overall financial position. Under the financing, Inventergy will receive $3,000,000 in senior secured debt convertible into common stock and its current $5,000,000 in senior secured debt will be exchanged for a similar security. The convertible notes bear a 4% interest rate (reducible to 2% upon meeting certain requirements), are convertible at $7.50 per share, and are fully amortizing with quarterly payments beginning October 15, 2014.

Total raised
$3M
Funding rounds
2
Latest round
Convertible Note
Latest activity
Mar 2014

Industries

  • Banking
  • Financial Services
  • FinTech
  • Intellectual Property
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Recent funding

  1. Convertible Note

    Mar 2014

    $3M

Team

No current team members are available.