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February 07, 2016 10:24 PM ET

Internet Software and Services

Company Overview of Dropcam, Inc.

Company Overview

Dropcam, Inc. provides Wi-Fi video monitoring camera and cloud services. It offers Dropcam Pro, a cloud based home video monitoring and do-it-yourself security solution, as well as incorporates Bluetooth low energy for connecting to sensors and other devices in the home. The company’s solutions are used for home security, baby monitoring, pets, and business applications. Dropcam, Inc. was formerly known as 88Volts, Inc. and changed its name to Dropcam, Inc. in April 2011. The company was founded in 2009 and is based in San Francisco, California. As of July 17, 2014, Dropcam, Inc. operates as a subsidiary of Nest Labs, Inc.

301 Howard Street

4th Floor

San Francisco, CA 94105

United States

Founded in 2009

Phone:

415-963-4008

Fax:

415-963-4008

Key Executives for Dropcam, Inc.

Co-Founder and Chief Executive Officer
Co-Founder and Chief Operating Officer
Compensation as of Fiscal Year 2015.

Dropcam, Inc. Key Developments

e.Digital Corporation Receives Favorable Claim Construction Ruling Case from United States District Court Against DropCam

e.Digital Corporation announced that the United States District Court for the Northern District of California issued a favorable claim construction order in the company's case against DropCam. A claim construction hearing, also known as a Markman hearing, allows each party to advance what they believe is the inventor's intended meaning of certain terms used in the patents asserted in litigation. A Court analyzes the disputed terms, considers the arguments of counsel and issues an order construing the meaning of those terms. The patents asserted in e.Digital's case against DropCam, part of e.Digital's Nunchi® patent portfolio, relate to the way systems analyze and manage data. The company's law firm, Handal & Associates, asserted more than 50 claims from six patents against DropCam, resulting in a number of disputes over the meaning of specific terms in the patents. The company believe the Court's ruling is favorable to e.Digital and enhances the ability to enforce the company's patents against infringers.

e.Digital Corporation Files Patent Infringement Lawsuit against Dropcam

e.Digital Corporation announced that it has filed a patent infringement lawsuit against ‘connected’ security camera maker Dropcam. The complaint was filed in the United States District Court for the Southern District of California. Handal & Associates, on behalf of the company, recently filed the lawsuit against Dropcam, asserting six patents that are part of the Nunchi patent portfolio. e.Digital believes the Dropcam products named in the complaint infringe key aspects of the company's Nunchi patents, covering the use of devices to communicate and monitor remote locations. Nunchi technology involves the retrieval of data from fixed or mobile sensors, using it to recognize, understand and affect interactions. Services based on the Nunchi portfolio include the use of servers, communication networks, sensors, adaptive algorithms and relational databases to understand and respond to the needs of people.

Google’s Nest Reportedly Acquires Dropcam

Dropcam, Inc. will be bought by Google Inc.'s (NasdaqGS:GOOGL) Nest Labs, Inc. for about $555 million in cash, a technology news website reported on June 20, 2014. The deal was signed on June 20, 2014 and is yet to close, according to the report by Recode.net. Nest confirmed the acquisition in a blog post on Friday, but did not specify the price tag. Neither Google nor Dropcam were immediately available for comment. Dropcam plans to move from San Francisco to Nest's offices in Palo Alto, California, Recode wrote.

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