Lecorpio offers an enterprise-class, cloud-based IP management and analytics suite that spans the entire IP supply chain, including invention disclosure management, patent and trademark management, e-billing, licensing management and general matters management. Led by CEO Jay Madsen, the platform targets corporate IP teams and is used by customers such as Adobe, T-Mobile, Analog Devices, Rockwell Automation, NEC, NetApp and Red Hat. The company emphasizes analytics-driven IP workflows and enterprise-scale functionality. Lecorpio intends to use recently raised funds to accelerate growth, product development and expansion into new markets. The article identifies the company as Fremont, CA–based and positions it as a provider for large innovators and R&D organizations. Lecorpio is a Fremont, CA-based provider of a cloud-based intellectual property (IP) management and analytics platform. Led by CEO Jay Madsen with Sunny McRae as VP of Engineering and Mark Bullard as VP of Product Management, the company offers an enterprise-class suite of pre-built applications spanning the IP supply chain, including invention disclosure management, patent and trademark management, e-billing, licensing management and general matters management. Its platform is used by over 40 Global 1000 companies and by 13 of the top 100 most active US patent filers, including Analog Devices, NEC, NetApp, Praxair and RF Micro Devices. Lecorpio released version 2.7 of its suite in April 2014. The company raised $10m in a Series B round led by M2O and intends to use the funds to make strategic hires, accelerate product development and support its enterprise customers. The financing will fund continued product development and scaling of its enterprise customer base.

Total raised

$25M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2015