Press Release: Techson IP Secures Growth Capital from Distinct Capital Group
Global patent demand had another record year in 2017, and tremendous opportunities continue to emerge for new, scalable research solutions.
AUSTIN, TEXAS (PRWEB) MAY 16, 2018
Techson IP (Techson) today announced that it has partnered with Distinct Capital Group to fuel growth in Techson’s expert patent research services division and to launch its research SaaS platform.
Patent research is in high demand across all phases of the innovation life cycle. However, there’s been growing disillusionment in the quality of patent research available in the private sector and among worldwide government patent offices. This sophisticated market is being underserved by race-to-the-bottom search firms and inefficient, over-featured search tools that are simply not improving patent research outcomes or patent quality.
“Client dissatisfaction aside, search firms place a heavy burden on individual researchers leading to burnout and high attrition rates among a highly educated and skilled work force,” said Luke Barbin, CEO & Co-Founder of Techson. “We believe the obvious solution that is being ignored is the one that better serves both the professional researcher and the client.”
Techson knows that patent research experts won’t be eliminated from the patent research process by technology; however, the right technology can be thoughtfully developed to embrace the experts. Techson’s hybrid human and machine solution will empower experts while making previously hard to uncover information accessible to novices.
“We have known the Techson team since their founding and have been impressed with their high-quality research product and overall company success” said Dan Clarke, CEO and Managing Partner of Distinct Capital Group. “When Techson came to us with their differentiated hybrid IP research solution, we immediately knew the positive impact it would have on the growing global patent research market.”
About Techson IP:
Techson IP was founded in 2015 in Austin, Texas by attorneys and patent research industry experts with a motivation to upend the status quo in the patent research industry. Techson proudly serves hundreds of clients, including Fortune 500 corporations and Am Law 100 law firms, with high-end research services including Freedom-to-Operate, Prior Art / Invalidity, Patent Landscaping, Patentability, and IP Due Diligence research.
For more information, please email info@techsonIP.com or visit http://www.techsonIP.com
About Distinct Capital Group
Distinct Capital Group (DCG), headquartered in Austin, TX, invests in privately held and growing businesses forming a partnership with owners and management. DCG invests in only a select number of companies each year enabling its team to be a collaborative and active resource, providing business owners with strategic, sales, financial, and operational support.
For more information, please see: http://www.distinctcapitalgroup.com