Cloud-based video surveillance and security company Smartvue Corp. has reached a milestone by securing its 25th patent.
Founded in 1996 in North Carolina and headquartered in Nashville, the boutique technology company has made local headlines the past few months with the announcements of additional employees, a new headquarters office space and a Series A investment round of $3.85 million. (Read more here.)
However, the patent number (the company recently secured three patents to reach No. 25) is one of particular note, according to Jake Neu, a patent attorney with Bradley Arant Boult Cummings.
“Twenty-five issued patents represents a strong culture of innovation and recognition of the importance of intellectual property rights to sustained growth, which is particularly impressive for a company of Smartvue’s size,” Neu said.
A.J. Bahou, president of the Tennessee Intellectual Property Law Association and a solo practitioner, said the Smartvue effort is a “strong display of innovation” for a company with fewer than 100 employees.
“It shows Smartvue is constantly innovating and that the U.S. Patent and Trademark Office is recognizing the company,” Bahou said. “It shows the company is putting a lot of effort into research and development and coming up with innovative ideas.”
Smartvue Founder and CEO Martin Renkis said he has placed an emphasis on landing patents, in part, as a way to differentiate the company from others.
"We are proud to be one of the leading patent holders in Tennessee,” Renkis (pictured) said. “Smartvue has always focused on innovation in cloud video surveillance, and this is a major milestone for our company and investors."
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