TrademarkNow was acquired by US-based Corsearch.
TrademarkNow, a Helsinki, Finland-based company operator of an AI-based trademark search and watch platform, announced that it was a acquired by the American company Corsearch, an US trademark and brand protection provider.
Financial details remained undisclosed. TrademarkNow was owned by a range of investors, including Karma Ventures, Balderton Capital and Montiko GmbH, which invested a total of roughly $8 million in the company.
Once integrated into Corsearch’s offering, the joint platform will offer ‘trademark screening, searching, watching, and protection’ to corporations, brand agencies and law firms.
TrademarkNow, founded in 2012 by Onomatics Inc., a legal technology powerhouse specializing in intellectual property law, has developed a SAAS trademark management platform that is used by enterprise companies, law firms and branding agencies for instant trademark clearance and watch results.
The company, led by CEO Mikael Kolehmainen, has offices in the US, Ireland, UK, Germany and Finland.