Intellectual Ventures spinoff Sublime Technologies raises cash for new consumer products venture

Invention Development Fund VP Chris Alliegro.
Sublime Technologies is the latest spinoff to come out of the Invention Development Fund (IDF) at Bellevue-based Intellectual Ventures (IV), the patent holding firm and technology company run by former Microsoft technology chief Nathan Myhrvold. A spokesperson at IV confirmed that Sublime Technologies is a “new consumer products related start-up that our Invention Development Fund is putting together based on some inventions that came out of the group,” but wouldn’t provide further comment. An SEC filing notes $ 99,999 raised of a $ 800,000 round and lists three names: Chris Alliegro, the Invention Development Fund executive vice president; Patrick Ennis, global head of technology… Read More
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