iRunway is a boutique technology, finance and litigation consulting firm with primary expertise in

intellectual property Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...

. It specializes in

patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A ...

litigation,

patent valuation Intellectual property assets such as patents are the core of many organizations and transactions related to technology. Licenses and assignments of intellectual property rights are common operations in the technology markets, as well as the use of t ...

, damages,

patent portfolio A patent portfolio is a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio. The monetary benefit ...

management and technology due diligence advisory to both law firms and corporations. The company has offices in Austin,

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

;

Palo Alto Palo Alto (; Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a coastal redwood tree known as El Palo Alto. The city was es ...

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

;

Denver Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...

Colorado Colorado (, other variants) is a state in the Mountain states, Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the wes ...

and

Bangalore Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

History

iRunway was established in 2006. They claim to provide technology insight in three areas - patent litigation, portfolio analysis and technology research around Intellectual Property. Its founding team was Ravi Upadrashta, Animesh Kumar, Kunal Sharma and Shashank Kabra – Alumni of the Indian Institute of Technology and

Indian School of Business The Indian School of Business (ISB) is a private business school established in India in 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab). It offers certificates in various post-graduate management prog ...

. iRunway has operations in Austin (TX), Santa Clara (CA), Denver (CO) and Bangalore, India.

Notable Trials

Versata vs. SAP - iRunway provided technology support and analysis to

Versata Versata is a business-rules based application development environment running in Java EE. It is a subsidiary of Trilogy, Inc. History Versata started in the early 1990s as a software consulting company called Vision Software. Over time it dev ...

’s outside counsel –

McKool Smith McKool Smith is a U.S. trial firm with more than 130 trial lawyers across seven offices in Austin, Dallas, Houston, Los Angeles, Marshall, New York City, and Washington, DC. The firm represents clients in disputes involving complex commercial li ...

. In 2009, the jury awarded Versata $138.6 million in damages - the 4th highest patent jury verdict in the US that year. 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.

References

* http://www.venturecenter.co.in/nanoworkshop/details/Speaker.pdf

External links

* {{DEFAULTSORT:iRunway Companies based in Bangalore Outsourcing companies Consulting firms established in 2006 Intellectual property law Indian companies established in 2006 2006 establishments in Karnataka