A Record Number Of Patents Granted To Vonage Holdings Corp. (NYSE:VG)

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A Record Number Of Patents Granted To Vonage Holdings Corp. (NYSE:VG)

In 2016 the U.S. Patent and Trademark Office granted Vonage Holdings Corp. (NYSE:VG) 40 patents which marked a record for one of the major providers of cloud communications for business organizations. This brought Vonage’s total haul of patents to 146. There are also 200 patent applications that are pending at the USPTO besides in many other markets outside the United States.

User verification solution

One of the recently issued patents demonstrates the technology Vonage’s Verify solution is based on. Verify is targeted at organizations that require reliable, secure and consistent verification of their customers thereby helping trigger additional authentication measures where necessary, and detect possible fraud and streamline transactions.

“Verify reflects the power of that combination, enabling enterprises to provide their customers with robust and optimized authentication and identity management capabilities, without requiring those enterprises to deal with all of the complexity involved in providing those benefits,” the chief executive officer of Vonage, Alan Masarek, said.

Zenly, the global locator app is one example of the Verify technology in use. The app uses Verify to assign phone numbers to each user, prevent fraudulent sign-ups and confirm a user’s identity.

Virtual phone numbers

Other patents that Vonage received included ones touching on technologies that allow for the mobility of users on any device, technologies that cover quality of service and technologies that cover virtual phone numbers. With regards to virtual phone number allocation, Vonage was granted several patents detailing the techniques that it would use to efficiently allocate to a large user base pool virtual phone numbers.

The patents covering quality of service included ones that ensured optimal reliability by improving routing based on testing of multiple routes. There was also others detailing techniques geared towards guaranteeing voice service continuity in case of network failures.

Other patents were related to mobile technologies such as one which allowed for notifications for VOIP users on their mobile devices. A patent demonstrating a technique for stabilizing the orientation of a screen when a user is engaged in vigorous physical activity such as jogging was also granted to Vonage.

In Thursday’s trading, shares of Vonage Holdings Corp rose by 1.58% to close the day at $7.09.