Collective IP, Inc., a Denver, CO-based provider of an innovation intelligence platform, completed a $2.5m Series A financing.
The round, which brought the total amount raised to date to $3.6m, was led by High Country Venture with follow-on participation from Techstars founder David Cohen, and additional individual investors.
The company intends to use the funds to continue to build and innovate the platform.
Led by Adam Rubenstein, Founder and Chief Operating Officer, Collective IP provides a search engine and a marketplace connecting business development with technology transfer and corporate licensing professionals, around the most valuable assets in the world. It offers an accurate organization of technologies emerging from universities, companies and research institutes.
New features (currently in development) will include enhanced tools to identify, analyze, manage and market new innovations and the people behind them.