GTT Group's Patent Equity Fund, Ideaship, Invests in Retrolux Inc. to Deploy Cloud-Based Software Streamlining Workflow in The Commercial Lighting Industry
PANASONIC HLDS CP S/ADR (PCRFY)
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Source: PR Web
BOISE, Idaho (PRWEB) April 16, 2020 Retrolux announced it has received an investment from Ideaship, a patent leveraged venture capital firm that provides patent development support for early stage startups. The investment will support Retrolux in providing cloud-based software solutions to the commercial lighting industry. "We're fortunate to be working with Retrolux and their innovative software solution, a workflow management system that is propelling the commercial lighting management industry forward in a big way," commented Robert Bell, Ideaship Venture Partner. "Retrolux is thrilled to receive an investment and strategic IP services from Ideaship. We're confident this partnership will accelerate our innovation strategy while increasing the quality and value of the growing intellectual property we've developed and are committed to expand over time," remarked Leif Elgethun, Co-Founder and CEO of Retrolux. Furthermore, Leif states, "having a strong partner in Ideaship as well as t
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