Techson Named to Top 25 Hottest Start Ups in Austin for 2020
by: Tom Hochstatter, President
Intellectual Property is a hot topic. No surprise around here at Techson. The team and I have been shouting about it for years now - primarily because it’s true. Sounds like we’re being heard and at a perfect time too. Innovation and IP are top of mind in 2020 with senior executives, venture capitalists, entrepreneurs and legal folks alike. Techson has a brilliant team of IP attorneys, technical researchers, patent transaction experts and management consultants to assist the worlds largest patent holders in maximizing their innovation supply chain value and ROI on their inventions.
We couldn’t be more proud, or humbled to be a part of this year’s Silicon Hills News cohort. We’ll work hard to prove SHN right!
25 of Austin’s Hottest Startups to Watch in 2020
From Silicon Hills News - read the full story here:
“Austin had another outstanding year with startup activity overall on the rise. And VC funding in Austin reached levels the city hasn’t seen since the Dot Com boom of 2000. In 2019, Austin-based private companies raised $1.7 billion, up almost 28 percent from 2018, another record year, according to the latest MoneyTree Report from PwC and CB Insights. And Texas startups overall attracted $3 billion in VC investment last year. A few trends Silicon Hills News has detected in Austin in recent years include a rise in real estate tech companies, a cluster of insure tech companies, new space startups, and more female-founded startups. The city is also a hotbed of activity in artificial intelligence, machine learning, and big data space.”
Austin (and the rest of the U.S.) you can count on us to be and remain on the leading edge of IP consulting, research, AI and machine learning.
More about why it’s a hot (start up) topic:
“Investments in legal tech have risen dramatically in the past two years, according to Forbes. AI and machine learning and automated processes are making the legal industry more efficient and faster. And patents in the U.S. are also on the rise. Last year, the U.S. issued 370,434 patents, up 9 percent from 339,512 in 2018. And “IP-intensive industries accounted for $6.6 trillion in value-added in 2014, up more than $1.5 trillion (30 percent) from $5.06 trillion in 2010,” according to the latest U.S. government 2016 report on IP and U.S. Economy.”
Check in with Techson to Engage
We certainly have much more work to do, but our path is clear - bring true value back to IP and innovation. We have the competitive advantage in using both our in-house experts and our in house built Limestone Search platform. And most importantly, we know how to have a blast while getting things done. Some refer to it as “mind + machine”. Well we can’t argue with that.
Connect with me or the team to learn more - here.
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