Client Background

SecureTech Innovations, a leading cybersecurity firm, sought to patent its groundbreaking encryption technology designed to safeguard sensitive data in an increasingly vulnerable digital world.

Challenge

In the cybersecurity industry, where innovation rapidly evolves and competition is fierce, SecureTech needed a legal partner to help them patent their technology, ensure freedom to operate, and prevent competitors from undermining their market position. They also required global IP protection to cater to their multinational clients.

Solution

Amped IP’s team of experts worked closely with SecureTech to create an airtight intellectual property strategy:

• Conducted a comprehensive landscape analysis to identify potential IP conflicts.
• Drafted and filed 10 detailed patent applications covering their encryption algorithms and security frameworks.
• Secured trademarks for branding consistency across international markets.
• Devised a licensing model to generate revenue from non-competing industries using the patented technology.

Results

SecureTech successfully obtained seven granted patents within 24 months, with others progressing through the review process. The company leveraged its new IP assets to secure $20 million in Series B funding and launched a profitable licensing program, generating an additional $5 million annually.