Wednesday, September 17, 2008

RPX Gets KPCB, Charles River Nod

San Francisco-based RPX Corporation, which says it is developing a new patent acquisition services company, announced Wednesday that the firm has raised a round of venture capital from Kleiner Perkins Caufield & Byers (KPCB) and Charles River Ventures (CRV). Amount of the investment was not disclosed. RPX said that it is developing products to help technology and e-commerce leaders protect themselves from intellectual property litigation. The firm said it will announce its services in October, and that it has already acquired $30 million in patent rights to date and is on track to acquire $100 million in its first year. More information »