Democrasoft, Inc. (OTC Markets Group: DEMO) is a public company that previously operated under the name of Burst.com and specialized in revenue generation via patent monetization in the area of software for video and audio delivery over the Internet. It is presently located in Santa Rosa, California.
| Type | Public (NASDAQ: DEMO) |
|---|---|
| Industry | Online Collaboration Software |
| Headquarters | Santa Rosa, CA, United States |
| Area served | Worldwide |
| Key people | Richard Lang (CEO) |
| Products | Collaborize Classroom Collaborize Workplace Collaborize NPO |
| Services | Educational Technology |
| Website | http://democrasoft.com http://collaborizeclassroom.com |
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In March 2010 the company changed its name and ticker symbol due to a new corporate focus of an online product named "Collaborize".[1][2] Collaborize is an online decision making application that helps businesses, government officials, associations, educators and non-profits identify, refine and respond to important questions and ideas.
Collaborize Classroom, a free online learning platform is Democrasoft's flagship product. The web-based educational technology allows teachers to extend their classroom discussions to a structured and private online community. Students can expand on discussions as well as interact with online lesson plans that allow for deeper participation inside and outside the classroom.
In August, 2010 the Collaborize Classroom Topic Library was introduced as a free online community where teachers can download, share and archive the lessons that are most effectively engaging students today. Here you can find thousands of peer-reviewed topic-based lessons shared by teachers from all around the world.
In March 2005 the company, then named Burst.com, received $60 million as settlement in its suit against Microsoft over unauthorized use of its streaming media technology.[3][4]
In January 2006, Apple Computer filed an action for a Declaratory Judgement seeking to have Burst's patents declared invalid. In April 2006, Burst.com counterclaimed against Apple Computer with regard to Apple's potential infringement of Burst.com's patents on streaming video and time-shifting of video. A "Markman" Claim Construction Memorandum and Order favorable to Burst was issued May 8, 2007.[5] In early November, the court invalidated 14 of Burst's claims, leaving 22 remaining.[6] On November 21, 2007, Apple Computer announced that it had called a truce in the legal feud between itself and Burst.com by agreeing to pay a $10 million lump sum in exchange for protection from current and future lawsuits.[7]
Real Networks sued Burst.com on January 3, 2008. The case was settled in May 2008 with Real Networks agreeing to pay Burst a one-time payment of $533,500.00 cash in exchange for a license to a subset of the Burst patents.[8]