Patent Law Practice Center

NPE Gets Crafty, Sues Etsy For Patent Infringement

For those who haven’t searched for handmade crafts online, Etsy.com is possibly the most popular online marketplace for handmade and vintage goods. Etsy Inc., a Brooklyn-bred start-up, provides users the opportunity to buy and sell crafts online. The Wall Street Journal recently reported that the company raised $40 million from their existing venture capital investors and now has an estimated value of $600 million dollars. It is of no coincidence then that a non-practicing entity waited only a week after the investment news to file a patent infringement claim against Etsy Inc. (more…)