Cachebox TV
Cachebox TV is a British-based technology company, which was founded in 2013 by Alistair and Diana Kelman. The company was created following the grant of a UK patent. The creation of Cachebox TV allows investors to invest in the overall development of the patent, licensing and also the eventual deployment.
Transferring ownership of the patent to the company allowed investors to benefit from the Seed Enterprise Investment Scheme (SEIS) tax break, along with benefits of the Patent Box for any exclusive licensee of the patent from the company.
The UK IPO granted the patent on 22 October 2013. The patent (GB2498499) was entitled âSystem for providing improved facilities in time-shifted broadcastsâ. A summary of the patent is that it ensures inappropriate advertisements are not shown to children or vulnerable people. This is achieved by the inclusion of tags or metadata within television advertisements and automatically processing them in the TV set or set top box, substituting inappropriate advertisements for appropriate advertisements. The technology is of universal application and can be deployed in browsers and in IPTV too.
Following the publication of the patent, Cachebox was first discussed in The Sunday Times on 4 May 2014. The article in The Sunday Times studied the possibilities for TV advertising, as the writer suggested it currently didn't do enough to protect children or vulnerable people from certain advertisements.
On June 17, 2014, HMRC provisionally approved Cachebox as an SEIS investment vehicle. Its inventor and company founder, Alistair Kelman, formally assigned the patent (GB2498499) to the company in August. Around the same time the company appointed a co-director, Henning von Spreckelsen.
According to online sources, the inventor also has equivalent patent applications for the Cachebox invention in the United States and also the European Union.
External links
- Official website http://www.cachebox.co.uk