Tangibly Raises $1.3M in Funding

Tangibly, a Seattle, WA-based trade secret management platform, raised $1.3M in funding.

The round was led by WS Investment Company with participation from Madrona Venture Group, Brainstorm Ventures, Incisive Ventures, PatentVest, Family Angel Management Fund, Jack Newton, David Rosenberg, and Mark Britton.

The company intends to use the funds for product development, including AI/ML initiatives as well as building the sales and marketing teams.

Led by CEO Tim Londergan, Tangibly provides a platform that enables companies to implement management of their trade secrets, from algorithms to chemical processes to client lists, which are among the most valuable assets for many companies. Tangibly helps streamline and simplify legal requirements and implement best practices to establish company assets as legally protectable trade secrets.

The company recently released Tangibly Share, a free Non-disclosure Agreement (NDA) solution for companies of all sizes looking to take the first step in protecting their trade secrets – establishing a process for NDA creation, execution, tracking and auditing.

FinSMEs

19/08/2022