PATENT MONETIZATION

After Co-founding NW Patent Funding in 2005 as one of the pioneer patent litigation funding firms in North America, Michael Cannata observed that monetizing patents through litigation was not ideal for all clients whose patents were infringed. Their only other monetization alternative was to sell their patents but there were no intermediaries to help with this and no patent brokerage market existed. Seeing an opportunity Patent Monetization Inc. was founded by Michael in March 2010 as one of the pioneer patent brokerage firms in North America. In October 2010 Paul Cannata joined the firm after a successful career with a boutique M&A firm brokering the sale of companies. Paul applied the skills learned in selling companies to developing an approach to selling patents. At this time PMI also began to take on competitive patent landscaping consulting assignments and developed a technical understanding of the nuances of claim language, infringement and validity analysis. Today PMI has..

Also known as: Patent Monetization Inc.

Primary location: Toronto