IRunway

iRunway
Type Private
Industry Technology Consulting
Legal Process Outsourcing
Intellectual Property Services
Founded 2006
Headquarters Bangalore, India
Number of locations Bangalore, India
Austin, Texas
Palo Alto, California
Key people Ravindra Upadrashta (CEO)
Animesh Kumar (CSO)
Shashank Kabra (COO)
Services Patent Litigation Support
Portfolio Analysis
Technology Research and Due Diligence
Website http://www.i-Runway.com

iRunway is a technology consulting and litigation support company in the intellectual property domain. It provides technology analysis in patent litigation, patent portfolio management and technology due diligence services to both law firms and corporations.[1][2][3] The company has offices in Bangalore, India; Palo Alto, California and Austin, Texas.[1][3]

Contents

History

iRunway was established in 2006, with a simple goal of helping corporations and law firms unlock and protect the value of patents. They help their clients achieve better outcomes by providing deep technology insight in 3 key areas - patent litigation, portfolio analysis and technology research around IP.

iRunway's business is guided by their commitment to delivering success for their clients. iRunway's intense and meticulous focus on the technology components of litigation and patent monetization provides actionable insight - not just data - to free attorneys to do what they do best.

Its founding team was Ravindra Upadrashta, Animesh Kumar and Shashank Kabra– Alumni of the Indian Institute of Technology and Indian School of Business.[1][2][3][4][5] iRunway is ISO 27001 certified and has operations in Austin, TX, Palo Alto, CA and Bangalore, India.[2]

Notable Engagements

Versata vs. SAP - iRunway provided technology support and analysis to Versata’s outside counsel – McKool Smith. In 2009, the jury awarded Versata $138.6 million in damages - the 4th highest patent jury verdict in the US that year.[1][6] During the re-trial in 2011, the jury awarded Versata $345 million in damages - $260 million in lost profits and $85 million in reasonable royalties.[7][8]

References

  1. ^ a b c d "Providing backroom support- iRunway". The Economic Times. 2010-11-28. http://economictimes.indiatimes.com/features/business/providing-backroom-support-irunway/articleshow/7003055.cms. Retrieved 2011-05-04. "as technical consultants, they helped a firm win the fourth-largest patent jury verdict in the US" 
  2. ^ a b c "Animesh Kumar, 29, ISB". Outlook India. 2007-09-17. http://www.outlookindia.com/article.aspx?235572. Retrieved 2011-06-09. "i-runway.com, which works in the intellectual property space, is aiming for the sky" 
  3. ^ a b c "iRunway India Private Limited". Bloomberg Businessweek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=109704161. Retrieved 2011-06-09. "iRunway India Private Limited, a technology and litigation consulting company, helps corporations and law firms unlock and protect the value of patents" 
  4. ^ "Hall of Fame for ISB Entrepreneurs". Indian School of Business. http://www.isb.edu/Media/ISBEntrepreneurs.Shtml. Retrieved 2011-06-09. "ISB alums have affirmed the School’s vision of grooming future leaders for India and the world" 
  5. ^ "ISB Alumni Entrepreneurs". Indian School of Business. http://www.isb.edu/Entrepreneurship_VCClub/Alumni.shtml. Retrieved 2011-06-09. "Animesh Kumar, Class of 2005 Ravindra Upadrashta, Class of 2005 iRunway India Pvt Ltd" 
  6. ^ "Versata Wins $138 Million Patent Infringement Suit Against SAP America". Intellectual Property Today. 2009-08-28. http://www.iptoday.com/news-article.asp?id=4305&type=ip. Retrieved 2011-05-04. "brilliant team of litigators and technical consultants who worked extremely hard on this case." 
  7. ^ "SAP Hit With $345M Verdict In Versata Patent Suit". Law360. 2011-05-13. http://www.law360.com/topnews/articles/245211. Retrieved 2011-06-09. "awarded Versata $260 million in compensation and $85 million in royalties" 
  8. ^ "Versata Awarded $345 Million From SAP America". Texas Entrepreneur Networks. 2011-05-25. http://txenetworks.com/2011/05/25/versata-awarded-345-million-from-sap-america-4/. Retrieved 2011-06-09. "Jurors awarded Versata $260 million in lost profits and $85 million in reasonable royalties" 

External links