Patsnap, one of Qualgro’s portfolio companies, has announced that it has surpassed US$100M in Annual Recurring Revenue.
Since 2007, Patsnap’s mission has been to transform how the world innovates. As of this moment, over 12,000 IP and R&D teams across 50 countries rely on Patsnap’s AI powered platform to improve efficiency, productivity, and collaboration.
Jeffrey Tiong, Founder and CEO told PR Newswire, “The collective efforts to our team and the unwavering support from our customers globally are our north star. Our investment in AI remains a top priority, and we are laser-focused on innovating our robust suite of AI products to champion innovators. Among all scientific domains and verticals, we are particularly excited about the potential value creation in life sciences and materials services.”
Read the full press release here: https://www.prnewswire.com/news-releases/patsnap-surpasses-us100-million-in-annual-recurring-revenue-reinforces-position-as-a-global-leader-in-ip-and-rd-intelligence-302168777.html?tc=eml_cleartime
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First published by PR Newswire on 11 Jun 2024
