DataNovo, Inc.

DataNovo, Inc. operates within the legal technology sector, offering a Software-as-a-Service (SaaS) platform engineered to streamline patent-related processes for individuals and corporate entities. The company was established in November 2021 by Edward Tian, a former patent attorney whose background in handling complex patent litigation for technology companies directly informed the development of the platform. His firsthand experience with the inefficiencies and high costs associated with patent disputes, particularly in early case management and prior art searches, was the catalyst for creating DataNovo.

The firm's business model is centered on its proprietary platform, which leverages artificial intelligence and machine learning to deliver three primary services. First, it provides a licensing tool that enables patent owners to identify potential infringers and their associated products, thereby facilitating monetization and licensing negotiations. Second, the platform conducts AI-driven prior art searches using a single patent number, a method designed to increase search speed and accuracy while reducing costs compared to traditional keyword-based searches. Finally, it offers in-depth patent analytics, providing business intelligence to assess patent validity and strength. This feature supports clients in various scenarios, including defending against or pursuing patent lawsuits, structuring M&A transactions, and conducting competitive analysis.

DataNovo targets a clientele that includes patent owners, law firms, and companies seeking to navigate the patent landscape, whether for offensive or defensive purposes. The platform allows businesses to evaluate potential infringement risks of new products and make more informed strategic decisions. By automating and enhancing the analysis of patent portfolios, DataNovo aims to empower its clients to secure more robust patents, counter unsubstantiated legal claims, and effectively manage their intellectual property assets throughout their lifecycle.

Keywords: patent monetization, patent licensing, legal tech, intellectual property, prior art search, patent analytics, AI patent analysis, patent litigation support, infringement analysis, patent validity, SaaS, legal software, Edward Tian, IP management, patent strategy, licensing opportunities, patent intelligence, competitive intelligence, legal AI, patent portfolio analysis