Portland, OR (March 10, 2020) — Concord announced it has received an investment from Ideaship, a patent leveraged venture capital firm that provides patent development support for early stage startups. The investment will further assist Concord’s development and deployment of their personal data privacy solution.
“We are excited to join the founding team of Concord. We were inspired by Concord’s innovative culture and ingenuity and the leadership of CEO Dash Lavine. Concord’s personal data privacy and control solutions represent a paradigm shift in the industry. Their product is poised to become the standard for personal data privacy as the degradation of quality personal information collected through traditional means becomes irrefutable,” commented Michael Lubitz, Founder and Managing Director of Global Technology Transfer (GTT) Group and Ideaship Co-Founder.
“We applaud Concord for developing a new approach to data privacy, with a proprietarynew solution to protect privacy while benefiting both customers and brands,” said Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.
“Ideaship is a unique collaboration between Global Technology Transfer Group and Panasonic Intellectual Property Corporation of America that provides extremely important patent consulting services built around both protecting and maximizing the value of companies like Concord. Many startups underestimate the expertise and time required to ensure that their companies are truly driving their patent coverage forward in the right way and we are excited to be one of the select companies that has partnered with Ideaship to do just that,” stated Dash Lavine, Co-Founder and CEO of Concord.
Concord provides solutions that restore trust to a broken data-driven ecosystem while creating technological and economical incentives for business to adapt to a privacy-oriented personal data economy. Transparency, control, and an equitable exchange of data that is built around mutually beneficial value are foundational requirements for a true privacy-friendly future.
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. Ideaship combines the expertise and experience of GTT Group’s patent analysis, valuation, and monetization practices with Panasonic Intellectual Property Corporation of America’s leading patent department to help start-ups achieve maximum enterprise value and accelerate a first mover advantage.