Tangibly, a Seattle startup that uses AI to help companies protect trade secrets, raises $6.5M – GeekWire

Security software startup Tangibly raised $6.5 million to complete its seed round. The company, founded in 2021, helps customers secure and manage intellectual property assets such as trade secrets.

• The company’s software includes an AI-powered feature called Patent X-Ray that identifies what information should be protected during the patent drafting process.
• Tangibly has paying customers but did not share revenue or customer metrics.
• The 13-person company is led by founder and CEO Tim Londergan, a former exec at Intellectual Ventures and founder of Wavefront Venture Labs. Other co-founders include Liat Belinson and Chris Buntel.
• Madrona Venture Group led the seed round. Other backers include Spike Ventures, Volo Ventures, Holt Ventures, MVP Ventures, Incisive Ventures, WS Investment Company (an affiliate of Wilson Sonsini Goodrich & Rosati) and DLA Piper.