Intellectual Ventures I & II LLC

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Let me verify the specific tracked cases and the ownership structure.

Intellectual Ventures I LLC and Intellectual Ventures II LLC are patent-holding subsidiaries of Intellectual Ventures Management, LLC ("Intellectual Ventures" / IV), the invention-and-licensing firm founded in 2000 by former Microsoft CTO Nathan Myhrvold and Edward Jung and headquartered in Bellevue, Washington (CNET; Seattle Times). IV is privately held, backed by private IP funds with reported corporate investors including Microsoft, Intel, Apple, Google, Sony, Nokia, eBay, SAP and Nvidia (MarketWatch; Guardian). Reported size figures are dated and inconsistent across sources (roughly 500–800 employees; a WSJ-era figure of 760), so headcount should be treated as approximate. IV has publicly claimed acquisition of more than 70,000 patent assets and over $3 billion in licensing revenue (geekwire; IV complaint in the Fifth Third case).

Operations. IV I and IV II are non-practicing entities — they make no products. They hold and assert patents acquired from operating companies, individual inventors and research institutions, which IV groups into licensing portfolios; IV's broader business also includes invention funds (Invention Science Fund, Invention Development Fund, Invention Investment Fund), the IV Lab research facility, and deep-tech spinouts such as TerraPower and Kymeta (Waveup; Baidu Baike). The asserted portfolios in the tracked cases cover electronic-transaction security, access control, intrusion detection, billing-data masking, card authorization and financial-account administration.

Litigation posture. The database shows 2 cases, both as plaintiff and none as defendant — consistent with a pure patent-assertion profile rather than an operating company defending itself. Both suits belong to a May–June 2013 wave in which IV sued eight U.S. banks (BankInfoSecurity). Venues were the Western District of Pennsylvania (Pittsburgh) and Southern District of Ohio (Cincinnati), chosen to match defendants' home districts rather than typical plaintiff-friendly districts such as the Eastern District of Texas.

Notable cases. Intellectual Ventures I & II v. PNC Financial Services Group (W.D. Pa., 2:13-cv-00740, filed May 29, 2013) asserted five patents against PNC's online-banking services; PNC filed CBM/post-grant review petitions, the case was stayed, the PTAB invalidated the patents, and IV dismissed with prejudice in October 2015 (PNC 10-K). Intellectual Ventures I & II v. Fifth Third Bancorp (S.D. Ohio, 1:13-cv-00378, filed June 4, 2013) asserted five patents and was closed in May 2015 after being stayed pending PTO review.