Invention Machine Overview

  • Year Founded
  • 1992

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $40M

Invention Machine General Information

Description

Developer of intellectual property management software. The company offers Invention Machine Goldfire, an innovation software platform that transforms ideas into commercial products by automating innovation tasks, such as identifying a new market, developing a new product, improving existing product offerings, mitigating risks and leveraging intellectual properties and Goldfire Insight, which is designed for broad deployment across the innovation community, including new business development, strategic planning and competitive analysis teams.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Application Software
Other Industries
Other Software
Acquirer
Corporate Office
  • 28 State Street
  • Suite 3600
  • Boston, MA 02109
  • United States
+1 (617) 000-0000

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Invention Machine Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 11-Jul-2012 $40M 000.00 0000 Completed Generating Revenue
6. Later Stage VC 31-Aug-2005 00.00 000.00 Completed Generating Revenue
5. Later Stage VC (Series E) 15-Apr-2003 000.00 000.00 Completed Generating Revenue
4. Later Stage VC (Series D) 27-Mar-2000 000 Completed Generating Revenue
3. Later Stage VC (Series C) 08-Feb-1999 000 000 Completed Generating Revenue
2. Early Stage VC (Series B) Completed Startup
1. Early Stage VC (Series A) Completed Startup
To view Invention Machine’s complete valuation and funding history, request access »

Invention Machine Patents

Invention Machine Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-2406731-A2 System and method for automatic semantic labeling of natural language texts Inactive 13-Mar-2009 00000000000 0
EP-2406738-A2 Question-answering system and method based on semantic labeling of text documents and user questions Inactive 13-Mar-2009 00000000000 0
EP-2406739-A2 System and method for knowledge research Inactive 13-Mar-2009 00000000000
EP-2406731-A4 System and method for automatic semantic labeling of natural language texts Inactive 13-Mar-2009 000000000 0
EP-2406738-A4 Question-answering system and method based on semantic labeling of text documents and user questions Inactive 13-Mar-2009 G06F40/35 0
To view Invention Machine’s complete patent history, request access »

Invention Machine Executive Team (7)

Name Title Board Seat
James Todhunter Chief Technology Officer & Executive Vice President
Ken Klapproth Vice President, Product Marketing
You’re viewing 2 of 7 executive team members. Get the full list »

Invention Machine Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Invention Machine Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Citi Ventures Corporate Venture Capital Minority 000 0000 000000 0
Dassault Systemes Corporation Minority 000 0000 000000 0
Intel Capital Corporate Venture Capital Minority 000 0000 000000 0
Millennium 3 Real Estate Minority 000 0000 000000 0
RRE Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »

Invention Machine FAQs

  • When was Invention Machine founded?

    Invention Machine was founded in 1992.

  • Where is Invention Machine headquartered?

    Invention Machine is headquartered in Boston, MA.

  • What is the size of Invention Machine?

    Invention Machine has 100 total employees.

  • What industry is Invention Machine in?

    Invention Machine’s primary industry is Application Software.

  • Is Invention Machine a private or public company?

    Invention Machine is a Private company.

  • What is the current valuation of Invention Machine?

    The current valuation of Invention Machine is 0000.

  • What is Invention Machine’s current revenue?

    The current revenue for Invention Machine is 000000.

  • How much funding has Invention Machine raised over time?

    Invention Machine has raised $21.9M.

  • Who are Invention Machine’s investors?

    Citi Ventures, Dassault Systemes, Intel Capital, Millennium 3, and RRE Ventures are 5 of 6 investors who have invested in Invention Machine.

  • When was Invention Machine acquired?

    Invention Machine was acquired on 11-Jul-2012.

  • Who acquired Invention Machine?

    Invention Machine was acquired by IHS Markit.

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