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Founded Year

2015

Stage

Line of Credit | Alive

Total Raised

$25.84M

Last Raised

$10M | 1 yr ago

Revenue

$0000 

About Funding University

Funding University is a merit-based student loan provider with no FICO or Cosigners.

Funding University Headquarter Location

1438 West Peachtree Street 7th Floor

Atlanta, Georgia, 30309,

United States

855-537-5457

Latest Funding University News

Big Tech Companies Funding University Research Labs... Only If They Promise To Open Source The Results

Sep 15, 2011

Big Tech Companies Funding University Research Labs... Only If They Promise To Open Source The Results from the kinda-backwards dept The state of universities and intellectual property is pretty messy these days. Thanks to the screwed up Bayh-Dole law, many universities feel (wrongly) compelled to patent the research that they produce. This generally goes against their basic charters of sharing the knowledge that they create. It's also not very profitable. Only a small handful of universities have been able to make money off of patents. Most have lost a ton of money, setting up expensive tech transfer offices that don't return a dime. However, in an interesting twist (pointed out by Glyn Moody ), it appears that a variety of big tech companies, including Intel, HP and IBM, are now funding research centers on the condition that they open source anything that comes out of them . Think about that for a second. These institutions of learning, who for decades have been built on education and sharing knowledge, want to lock up ideas. And the private companies, who are more commonly associated with trying to lock up proprietary information, are encouraging greater openness and sharing. That, alone, should show you just how screwed up our patent system is today.

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Funding University is included in 1 Expert Collection, including Fintech.

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