Anaqua, a provider of intellectual asset management software and services, has received a $25 million investment from Bessemer Venture Partners. The financing comes on the heels of a growth equity investment in the company from Insight Venture Partners in July of this year. As part of the transaction, BVP partner Bob Goodman joins Anaqua's Board of Directors, and BVP partner Alex Ferrar joins as an observer.
Anaqua's software helps companies grow and protect their intellectual property, including inventions, patents, trade secrets, brands and trademarks, and helps law firms improve their IP practices. More than 20,000 users in over 100 countries use the SaaS-based platform to manage about $500 billion in intellectual assets. Among the company's clients are users from Microsoft, Ford, Kimberly-Clark, Eastman Chemical and The Coca-Cola Company.