San Jose, California — October 13, 2020 — 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.
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.