License Global
February 25, 2019
The round was led by Tera Ventures, with participation from Sterling Road and several angel investors including Severin Hacker, Andrew Rabin and Hamid Barkhordar.
Funds will be used to continue developing the company's debut product, Brainbase Assist, a tool for brands and licensees to manage and automate the licensing process.
The company also announced Marketplace, a new flagship platform that enables licensors and licensees to showcase their brands and products and close new licensing deals entirely online–from search and discovery, initial inquiry, standardized licensing agreements, deal signing, royalty payments and license management.
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