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Artificial Intelligence and Software

Your cutting-edge AI and software innovations can change the world. Focus on your market disruption while we manage your legal needs, including formation and funding, corporate transactions such as licensing and M&A, securing and defending intellectual property, and ensuring privacy law compliance.

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Artificial Intelligence and Software

Summary

Procopio’s software industry attorneys understand the unique challenges of businesses engaged in artificial intelligence, machine learning, software and software-enabled technologies, with many bringing extensive educational and professional experience.

We take the time to learn your technology and your business while supporting you with a multidisciplinary approach capable of serving as your virtual legal department or a seamless extension of your in-house team.

  • Our corporate attorneys work with AI and software clients from formation and governance through angel and venture capital financing, licensing and technology transactions, and joint ventures, mergers and acquisitions.
  • Our intellectual property attorneys secure critical IP protection, protect trade secrets, develop strategies to navigate the IP of competitors, litigate to defend IP and defeat infringement allegations, and navigate export control challenges.
  • Our privacy attorneys focus on ensuring compliance with the latest in privacy and cybersecurity laws and regulations.
  • Our labor and employment attorneys stay on top of ever-changing state and federal laws and regulations, providing customized counseling and strategic employment litigation services.

In addition, as a founding member of the legal network LawExchange International and an active member of Meritas Law Firms Worldwide, Procopio has access to knowledgeable and experienced legal representation around the world to provide diversified global support and insights.

In short, Procopio’s AI and software attorneys focus on clearing legal roadblocks and empowering new opportunities, ensuring you spend your time and resources advancing your innovations and growing your business.

  • Entity formation and planning
  • Angel and venture capital financing
  • Securities and corporate finance law
  • Corporate governance
  • Mergers and acquisitions and strategic joint ventures
  • Intellectual property development and portfolio management, including patents and trademarks
  • Trade secrets
  • Intellectual property litigation
  • Licensing and technology transactions, including open source software (OSS)
  • Export controls and regulations
  • Privacy law compliance
  • Employment contracts, arbitration and commission agreements
  • Executive compensation
  • Labor and employment litigation

  • Secured patents in a wide range of AI areas, including decision trees, regression analysis, Bayesian networks, artificial neural networks, including convolutional neural networks, and other machine-learning tools.
  • Developed intellectual property strategy and portfolio for pioneering e-commerce software technology company and advised on intellectual property matters in subsequent $394M acquisition by public web analytics company and additional $1.8B acquisition of the web analytics company by a multinational computer software company.
  • Represented an AI company in its $80-million Series A financing.
  • Represented Mobile IoT software company in multiple financings, and in developing its intellectual property strategy and portfolio and represented the company on corporate and intellectual property matters in connection with merger into a public company.
  • Represented a publicly traded m-commerce company in its acquisition of a digital marketing AI company.
  • Represented a SaaS (BI) company in its Series A, Series B and Series C Preferred Stock financings, and in an all cash acquisition of the company.
  • Lead trial counsel in a software copyright infringement and ownership dispute. Jury trial resulted in a complete victory.
  • Developed intellectual property strategy and portfolio for privately-held web analytics software technology company and advised on intellectual property matters in subsequent $12.5M acquisition by public medical device company.
  • Represented creator of AI analytics platform in equity sale to publicly traded retailor.
  • Provided counsel on commercialization strategy and drafted and negotiated all license, maintenance and custom programming agreements for a software publisher.
  • Developed intellectual property strategy and portfolio for privately-held medical imaging software technology company and advised on intellectual property matters in subsequent acquisition by public Internet networking company.
  • Assisted start-up medical software company with private securities offering to raise seed capital for research, development and operations and subsequently negotiated the sale of controlling interest to a publicly operated health care group.
  • Represented a leading provider of software solutions and professional services to the food services industry in connection with a merger into a foreign public company.
  • Developed intellectual property strategy for privately-held software security technology company and advised on intellectual property matters in subsequent $30M acquisition by public Internet networking company.
  • Represented shareholders of a company in the business of developing, licensing, maintaining and supporting print management software in connection with stock sale.
  • Supported a SaaS company in a stock for stock transaction.
  • Represented electronic health records software company in acquisition by a private equity firm.
  • Represented a medical software company in raising venture capital.
  • Assisted a medical software company in negotiating the departure of disgruntled founder and ex-officers.
  • Represented a target company engaged in the business of installing, implementing, customizing and marketing proprietary computer software in connection with its sale of all of its assets to a public company.
  • Negotiation and preparation of Software License Agreement between wireless embedded software technology company and publicly-traded multinational software technology corporation.
  • Advised a software company concerning protection of its intellectual property upon the departure of a key employee.
  • Negotiation and preparation of Software License Agreement for legislative software technology company for use with legislative branches and regulatory agencies of government.
  • Supported a SaaS company in its Series A and Series B Preferred Stock financing, the filing of a Permit Application with the California Department of Corporations and the reincorporation into Delaware related thereto.
  • Represented private smart battery software company in merger with NASDAQ-listed corporation.
  • Supported software company in its proposed $40M offering of common stock, preferred stock, warrants and/or units under a universal shelf registration statement on Form S-3.
  • Represented Canadian software company in its acquisition of intellectual property assets, including software, copyrights and international trademarks, from California corporation and New Zealand corporation.
  • Supported private biomechanical software modeling company in merger with NYSE-listed corporation.
  • Represented large privately held foreign corporation in connection with its $30M acquisition of US-based software company.
  • Represented SaaS company in its conversion from an LLC to a C corporation, and the simultaneous reorganization and Series A Preferred Stock financing.

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