Various data and news sources are reporting that the US litigation finance sector will finish this year awash in capital. Meanwhile, there is mounting evidence that a growing number of NPEs are looking to third-party litigation funders to back new and existing campaigns. These investors include familiar players in the litigation funding and IP industries, as well as lesser known firms, a few of which are featured in this article.

“Aftechmobile Inc.”, identified in new complaints as a Virginia entity, has filed separate suits against Apple (3:19-cv-05902) and Salesforce (3:19-cv-05903) in the Northern District of California. The plaintiff accuses each defendant of infringing a single patent broadly pertaining to creating mobile applications based on “pre-coded software components”: Apple through the provision of its Shortcuts application; Salesforce, its App Cloud Mobile service. Virginia state records contain the active entity Aftech Mobile Inc. (and do not appear to contain “Aftechmobile Inc.”), with additional records indicating that the entity does or has done business as “Mobrise Inc.”; whatever its proper name, the new plaintiff has become at least the fourth so far this year to disclose Dynamic IP Deals, LLC (d/b/a DynaIP) as a nonparty having an interest in the outcome of the proceeding.