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Intelligence
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Tools

Tangibly Completes Oversubscribed $6.5M Seed Financing To Expand Its Genai Tools For Trade Secret Management

Jul 13, 2023over 2 years ago

Amount Raised

$6.5 Million

Round Type

seed

Seattle

Investors

Dla PiperWs Investment CompanyIncisive VenturesMvp VenturesHolt VenturesVolo VenturesSpike VenturesMadrona

Description

Tangibly, a SaaS trade secret management platform, today announced the successful completion of its Seed round. The round was led by Madrona and included Spike Ventures, Volo Ventures, Holt Ventures, MVP Ventures, Incisive Ventures, WS Investment Company (an affiliate of Wilson Sonsini Goodrich & Rosati) and DLA Piper. Trade secrets are a critically important component of a company’s intellectual property portfolio that can be protected if clearly identified, recorded, and embedded in company processes.

Company Information

Company

Tangibly

Location

Seattle, Washington, United States

About

Tangibly is helping companies manage one of their most valuable assets: trade secrets. For far too long, trade secrets have taken a back seat to their patent cousins. But things are changing and they are changing fast. Many companies are realizing trade secret laws provide significant protection for their intellectual assets. But all of the necessary processes are DIY, there’s no clear-cut blueprint, and it’s a very steep hill to climb to figure it all out on your own. Innovation rules the day. Trade secrets protect your competitive edge. Start managing them today with Tangibly.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers