So we move one step forward in the TechCrunch-Fusion Garage saga. Creators of JooJoo are expectedly miffed about the fact that TechCrunch is suing them and have confirmed to vigorously defend themselves in the court.
Fusion Garage refutes all the claims made in the lawsuit are “without merit”. You can read the full statement over here or check out the excerpts from the statement below.
“Fusion Garage is a properly capitalized start up that has received $3M in funding to date and is preparing to announce a new round within the coming weeks. The Company is a viable concern whose financial status more than enables it to fully develop and bring to market its intellectual property commercialized in the form of joojoo.“
“Fusion Garage went out and secured funding – tangible proof of Fusion Garage’s “doer” status relative to the alleged yet intangible claims of investment by TechCrunch.”
Regarding IP infringement to Pegatron
“Fusion Garage is now working with another top tier ODM to develop a completely new board and mechanical layout that is the basis for the joojoo. To state, as the lawsuit and accompanying blog post do, that Fusion Garage’s joojoo is based on any Pegatron IP is false.”
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