SEATTLE, July 23, 2013 /PRNewswire-iReach/ -- TANGIBLE IP, LLC an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with offices in San Francisco and Montreal, announced today that its Founder & CEO, Mr. Louis Carbonneau was recently appointed as Venture Partner by Cycle Capital Management of Montreal (Canada), a leading cleantech VC firm with $230M under management. Mr. Carbonneau had been a strategic advisor to Cycle Capital for two years on and this new role will allow Cycle Capital to benefit from his continued advice and support on all intellectual property related matters, both pre and post investment. Mr. Carbonneau will continue his day-to-day management of Tangible IP and of his technology law firm, The Point Law Group.
"We have had the opportunity to work with Louis for the past two years on all kind of matters and his advice and guidance have been invaluable in helping us make the right investment decisions" said Andrée-Lise Méthot, founder and Managing Partner of Cycle Capital. "Furthermore, once an investment has been made, Louis steps in to help our portfolio companies minimize their risks and define and execute on a sound intellectual property strategy that will enable them to maintain their competitive advantage over time. The cornerstone of our clean technology investment strategy is intellectual property. This is why we are very proud to have succeeded in retaining Mr. Carbonneau's services. I view this partnership as the key to our future success in the field," added Ms. Méthot.
"I am very proud to be able to participate on a more regular basis to laying building blocks of an emerging cleantech industry in my hometown of Montreal and with such a dynamic partner in Cycle Capital", said Mr. Carbonneau. "Cycle Management has been a thought leader in making IP a chief aspect of its investment strategy. Most VC firms would greatly benefit from paying more attention to IP matters when making investment decisions, as so much of the wealth created these days comes from intellectual capital."
Mr. Carbonneau advises several venture capital and investment firms on due diligence and post investment intellectual property related matters, such as freedom to operate and IP strategy.
About Tangible IP, LLC. Tangible IP specializes in the brokerage of high value portfolios and related IP licensing and strategic advisory services. Tangible IP has now brokered over 2000 patents since its inception in 2011 year and has quickly established itself as one of the leading patent brokerage and IP advisory firms.
Media Contact: Louis Carbonneau, Tangible IP, LLC, (425) 868-9280, firstname.lastname@example.org
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SOURCE Tangible IP, LLC