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July 27, 2012 04:18 am GMT

Know Your Enemy: Lex Machina Raises $2 Million For IP Litigation Analytics

372938_148134035230309_2063578094_nIt is a common perception that IP litigation is exploding, in partbecause the patent system is allegedly broken. Enter Lex Machina, a Palo Alto basedcompany providing IP litigation data and analytics to help companies"anticipate, manage, and win patent and other IP law suits," whichjust closed another $2 million in a funding round led by X/SeedCapital.Investors in this latest round include Costanoa Venture Capital(founded by Greg Sands), Naval Ravikant (Angel List), JeffHammerbacher (Cloudera), and David Chao (DCM). Prior investors includeDan Cooperman (former General Counsel for Apple and Oracle) and JerryYang (Yahoo!).

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lp90vvs3gyA/

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