Monday, May 5, 2014

Lecorpio Gets $10M, As It Expands In Utah

Lecorpio, a California-based developer of cloud-based software for intellectual property (IP) management, said last week that it has raised $10M in a Series B funding--which includes an expansion effort in Utah. The funding came from M2O. Lecorpio said that it recently doubled its office space at its Utah operations, which it says includes a rapidly expanding software development and customer support team. LeCorpio provides invention disclosure management, patent & trademark management, and other related software. The firm did not say how many people in employs in Utah. The company's headquarters are in Silicon Valley. Utah is a popular branch location for Silicon Valley technology companies, due to its educated workforce, familiarity with enterprise and other software, and dedicated, loyal employee base. More information »