Tuesday, February 24, 2009
Networks In Motion Gets Patent
Aliso Viejo-based Networks In Motion, which develops wireless navigation software, announced Tuesday that the firm has scored a new patent on its technology. The firm said the patent covers technology used to keep its online director of businesses and entertainment venues up to date. According to the U.S. Patent and Trademark Office, the patent--number 7,486,958--was granted on February 3rd, and names Michael A. Sheha, Angie Sheha, and Stephen Petilli as inventors. The patent was originally filed on September 4 of 2002 for the firm by Morrison & Foerster LLP. Michael Sheha is the firm's CTO and co-founder; Angie Sheha is SVP of Strategic Planning and co-founder of the firm, and Petilli is currently the firm's EVP Business Development and Product Management. Networks In Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures.