IRunway

Last updated

iRunway
Company type Private
IndustryTechnology Consulting
Intellectual Property Services
Founded2006
Headquarters,
Number of locations
Austin, Texas
Palo Alto, California
Bangalore, India
Key people
Ravindra Upadrashta (CEO)
Animesh Kumar (CSO)
Shashank Kabra (COO)
ServicesPatent Litigation Support
Portfolio Analysis
Technology Research and Due Diligence
Website www.i-runway.com

iRunway is a boutique technology, finance and litigation consulting firm. [1] [2] [3]

Contents

History

iRunway was founded in 2006 by Ravi Upadrashta, Animesh Kumar, Kunal Sharma and Shashank Kabra. [1] [2] [3] [4] [5]

Notable Trials

Versata vs. SAP - In 2009, the jury awarded Versata $138.6 million in damages - the 4th highest patent jury verdict in the US that year. [1] [6]

Related Research Articles

<span class="mw-page-title-main">Versata</span> Business computer application

Versata is a business-rules based application development environment running in Java EE. It is a subsidiary of Trilogy, Inc.

<span class="mw-page-title-main">Indian School of Business</span> Business school in Hyderabad, India

The Indian School of Business (ISB) is a private business school with campuses in Hyderabad and Mohali, India. It offers certificates in various post-graduate management programs.

<span class="mw-page-title-main">Patent troll</span> Pejorative term related to intellectual property

In international law and business, patent trolling or patent hoarding is a categorical or pejorative term applied to a person or company that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or contribution to the prior art, often through hardball legal tactics Patent trolls often do not manufacture products or supply services based upon the patents in question. However, some entities, which do not practice their asserted patent, may not be considered "patent trolls", when they license their patented technologies on reasonable terms in advance.

<span class="mw-page-title-main">Rajendra Singh Pawar</span> Indian entrepreneur

Rajendra Singh Pawar is an Indian entrepreneur, chairman and co-founder of NIIT Limited, established in 1981. He also founded NIIT University, a not-for-profit university in Neemrana, Rajasthan, in 2009.

Finjan Holdings is a company that focuses on the licensing of intellectual property. Finjan claims to own patented technology used in enterprise web security tools. Formerly a publicly traded company on NASDAQ (FNJN), it was acquired by the Fortress Investment Group in 2020.

William F. Lee is an American intellectual property and commercial litigation trial attorney. As co-managing partner of WilmerHale, Lee was the first Asian-American to lead a major American law firm. He is also a Senior Fellow of the Harvard Corporation, the governing board of Harvard University.

Scientific jury selection, often abbreviated SJS, is the use of social science techniques and expertise to choose favorable juries during a criminal or civil trial. Scientific jury selection is used during the jury selection phase of the trial, during which lawyers have the opportunity to question jurors. It almost always entails an expert's assistance in the attorney's use of peremptory challenges—the right to reject a certain number of potential jurors without stating a reason—during jury selection. The practice is currently unique to the American legal system.

Morgan Chu is an American intellectual property attorney. In June 2009, Harvard alumni elected Chu to a six-year term as a member of the Harvard Board of Overseers.

Bristows is a full-service commercial, law firm, particularly known for its technology and intellectual property work.

<span class="mw-page-title-main">Vringo</span>

Vringo was a technology company that became involved in the worldwide patent wars. The company won a 2012 intellectual property lawsuit against Google, in which a U.S. District Court ordered Google to pay 1.36 percent of U.S. AdWords sales. Analysts estimated Vringo's judgment against Google to be worth over $1 billion. The Court of Appeals for the Federal Circuit overturned the District Court's ruling on appeal in August 2014 in a split 2-1 decision, which Intellectual Asset Magazine called "the most troubling case of 2014." Vringo appealed to the United States Supreme Court. Vringo also pursued worldwide litigation against ZTE Corporation in twelve countries, including the United Kingdom, Germany, Australia, Malaysia, India, Spain, Netherlands, Romania, China, Malaysia, Brazil and the United States. The high profile nature of the intellectual property suits filed by the firm against large corporations known for anti-patent tendencies has led some commentators to refer to the firm as a patent vulture or patent troll.

Anil Kumar is an Indian-American former senior partner and director at management consulting firm McKinsey & Company, where he co-founded McKinsey's offices in Silicon Valley and India and created its Internet practice among others. Kumar is additionally the co-founder of the Indian School of Business with Rajat Gupta and the creator of two different kinds of outsourcing. He graduated from IIT Bombay in India, Imperial College in the UK, and The Wharton School in the US.

McKool Smith is a U.S. trial firm with more than 130 trial lawyers across seven offices in Austin, Dallas, Houston, Los Angeles, Marshall, New York City, and Washington, DC. The firm represents clients in disputes involving commercial litigation, intellectual property (IP), bankruptcy, and white collar defense matters.

<span class="mw-page-title-main">Roy Mankovitz</span> American entrepreneur (1941-2011)

Roy Jack Mankovitz (1941–2011) was an American entrepreneur. Mankovitz worked as a rocket scientist, lawyer, inventor, entrepreneur nature-based illness prevention researcher, and author. He also described himself as a disruptive innovator.

<span class="mw-page-title-main">J. Rodney Gilstrap</span> American judge (born 1957)

James Rodney Gilstrap is the chief United States district judge of the United States District Court for the Eastern District of Texas. He is notable for presiding over more than one quarter of all patent infringement cases filed in the nation and is often referred to by various sources as the country's single "busiest patent judge."

<span class="mw-page-title-main">Keker, Van Nest & Peters LLP</span> Law firm

Keker, Van Nest & Peters LLP is a litigation boutique located in San Francisco, California, founded in 1978. The firm's areas of practice include intellectual property, professional liability, class actions, wrongful termination defense, general contract and commercial litigation, antitrust, white collar crime, and appellate.

Apple Inc. v. Samsung Electronics Co., Ltd. is the general title of a series of patent infringement lawsuits between Apple Inc. and Samsung Electronics in the United States Court system, regarding the design of smartphones and tablet computers. Between them, the two companies have dominated the manufacturing of smartphones since the early 2010s, and made about 40% of all smartphones sold worldwide as of 2024. In early 2011, Apple initiated patent infringement lawsuits against Samsung, who typically responded with countersuits. Apple's multinational litigation over technology patents became known as part of the smartphone wars: extensive litigation and fierce competition in the global market for consumer mobile communications.

Versata Development Group, Inc. v. SAP America, Inc., 793 F.3d 1306, is a July 2015 decision of the Federal Circuit affirming the final order of the Patent Trial and Appeal Board (PTAB), the recently created adjudicatory arm of the United States Patent and Trademark Office (USPTO), invalidating as patent ineligible the claims in issue of Versata's U.S. Patent No. 6,553,350. This was the first case in the Federal Circuit reviewing a final order in a Covered Business Method (CBM) invalidation proceeding under the America Invents Act (AIA). The case set an important precedent by deciding several unsettled issues in the interpretation of the CBM provisions of the AIA>, including what are business-method patents under the AIA and whether the AIA authorizes the PTO to hold such patents invalid in CBM proceedings on the ground that they are patent ineligible under 35 U.S.C. § 101 as "abstract ideas."

A covered business method (CBM) patent is defined in section 18 of the America Invents Act (AIA) as a patent that "claims a method or corresponding apparatus for performing data processing or other operations used in the practice, administration, or management of a financial product or service," but is not for a "technological" invention. The AIA statute provides for CBM review of CBM patents. This review is an administrative proceeding to determine the validity of the patent under review. Congress created CBM review because of a concern with "litigation abuse over business method patents."

<span class="mw-page-title-main">Ada Brown (judge)</span> American judge (born 1974)

Ada Elene Brown is an American lawyer who is a district judge of the United States District Court for the Northern District of Texas. She is a former trial judge of the Dallas County courts and a former Justice of the Fifth Court of Appeals of Texas. She was the first African-American woman federal judge nominated by President Donald Trump and confirmed by the Senate. She is also the first African American woman to sit as a federal judge in the 140- year-history of the Northern District of Texas.

Pramath Raj Sinha is an entrepreneur, academic administrator, executive, and philanthropist. He was the Founding Dean of Indian School of Business (ISB)., and one of the Founders of Harappa Education, 9.9 Group, Ashoka University, Vedica Scholars Programme for Women, and Naropa Fellowship. Sinha was formerly the CEO of Ananda Bazar Patrika (ABP) Group, a leading media company, and a partner at McKinsey & Company.

References

  1. 1 2 3 "Providing backroom support- iRunway". The Economic Times. 28 November 2010. Retrieved 4 May 2011. as technical consultants, they helped a firm win the fourth-largest patent jury verdict in the US
  2. 1 2 "Animesh Kumar, 29, ISB". Outlook India. 17 September 2007. Retrieved 9 June 2011. i-runway.com, which works in the intellectual property space, is aiming for the sky
  3. 1 2 "iRunway India Private Limited". Bloomberg Businessweek. Archived from the original on 13 October 2012. Retrieved 9 June 2011. iRunway India Private Limited, a technology and litigation consulting company, helps corporations and law firms unlock and protect the value of patents
  4. "Hall of Fame for ISB Entrepreneurs". Indian School of Business. Retrieved 9 June 2011. ISB alums have affirmed the School's vision of grooming future leaders for India and the world
  5. "ISB Alumni Entrepreneurs". Indian School of Business. Retrieved 9 June 2011. Animesh Kumar, Class of 2005 Ravindra Upadrashta, Class of 2005 iRunway India Pvt Ltd
  6. "Versata Wins $138 Million Patent Infringement Suit Against SAP America". Intellectual Property Today. 28 August 2009. Retrieved 4 May 2011. brilliant team of litigators and technical consultants who worked extremely hard on this case.