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About Us – IP Commercialization Labs

About Us


Stealing things is everybody’s problem.  We own a lot of intellectual property and we don’t like when people  steal it.  So people are stealing stuff and we’re optimists. We believe that 80 percent of the people stealing stuff don’t want to be; there’s just no legal alternative.

Steve Jobs, Co-Founder/Chairman/CEO, Apple Inc.

Keith Machen is Co-founder and Managing Partner of IP Commercialization Labs, LLC an IP and technology commercialization advisory firm.
Mr. Machen was most recently a former Principal and General Counsel at an asset management firm, and he led the management and monetization efforts of several hundred patents. Mr. Machen has completed numerous patent transactions including – licensing, University tech transfer, acquisition, and sale as well as oversight and management of patent litigation. As general counsel and principal in an early stage venture capital firm, Mr. Machen was responsible for strategy and all legal matters, including portfolio company financings, fund formation, and employee matters. Mr. Machen also supported the firm’s numerous international portfolio of companies by providing them legal counsel on a variety of corporate law and general business matters. Mr. Machen also has served as co-founder and President of a venture backed telecommunications start-up which was a pioneer in the deregulated competitive telecommunications industry.
Mr. Machen has extensive and varied experience as an entrepreneur, business lawyer, and senior business executive with a deep background in information technology, software, and telecommunications. Mr. Machen began his legal career at Baker & Hostetler where as an associate he built a successful practice representing numerous corporate clients including high-technology businesses, and Fortune 500 companies. Mr. Machen has a long record of community involvement and public service. Mr. Machen was a founding board member of the Chicago Technology Park, a life sciences business incubator for the Illinois Medical District (the largest urban Medical District in the world). Mr. Machen earned his Bachelor of Science degree in management and accounting from Purdue University and his J.D. from the University of Michigan Law School.

York Eggleston, IV is Co-founder and Partner of IP Commercialization Labs, LLC an IP and technology commercialization advisory firm.
After gaining invaluable experience and honing his skills at leading advisory and principal investment firms such as Booz Allen & Hamilton, Salomon Brothers and Schroeder Ventures, Mr. Eggleston spent the last 15 years creating, developing and commercializing IP.
Mr. Eggleston is a founder of several software development labs that have been successful in the creation of more than 15 innovative ventures including: a pioneering promotions automation firm, Crave Technologies, Inc., a persistent search technology platform and media property, Alertmarks™ and a near-time platform for the measurement and prediction of global particulate matter using artificial intelligence, Machine Data Learning, LLC.  The core technology for those ventures were either developed in-house, via partnership or tech transfer programs with scholars from leading universities such as UMBC and the University of Texas.
He is the owner of over 2000 domains, a score of trademarks and copyrights and is the inventor or co-inventor on over 10 patents in software and business methods in areas which include promotion automation, privacy, data transformation and analytics, and personalization.  And through those patents in addition to advisory work, Mr. Eggleston has managed the business decisions for practically all major aspects of the patent legal process including – prosecution, enforcement, IPR defense, re-examination, licensing and appeal.
In addition, Mr. Eggleston formerly sat on the boards of Maryland Institute of Science, The Institute for Integrative Health and the advisory boards of the UMBC’s Alex Brown Center for Entrepreneurship, co-founded and is a board member of National Association of Multicultural Digital Entrepreneurs (NAMDE) and has been a contributor to both academic and commercial journals and publications.
Both a Toigo and Consortium Fellow, Mr. Eggleston has a bachelor’s degree from Harvard College and an MBA Degree with Distinction from Harvard Business School with an emphasis on Finance and Operations.

Dwayne E. Goldsmith, PE
Mr. Goldsmith is a senior executive with a track record of success in P&L management, capital formation, business development, M&A, strategy, sales, marketing management, total quality and operations management. He has over two decades of leadership experience, in both the Fortune 500 environment and venture backed technology companies. He advanced to become one of 14 officers with P&L responsibility and the youngest President in the history of Ameritech, a 70,000-employee corporation (acquired by AT&T).
Mr. Goldsmith has founded several emerging technology companies in Infotech Industries and has created several unique business models that enable growth companies to accelerate adoption of new technologies. He has created transformational strategies that enabled emerging companies to secure over $100 million in growth capital.
Most recently, Mr. Goldsmith created the strategy, business plan and capital formation plan for PCC Technology Group, a software company in the eGovernment, Energy and Health IT Sectors. His efforts resulted in the Company securing over $13 million in funding, including bonding for sizeable IT projects. As the Chief Marketing and Strategy Officer, Mr. Goldsmith created the Cenuity™ Business Platform Ecosystem that enabled the Company to triple its revenue in three years and sustain an annual growth rate in excess of 30%. As the leader of the Emerging Ventures area, he developed the strategy to transform the business into a SaaS company and to enter new sectors by leveraging cloud, mobile and social technologies. Previous to joining PCC, Goldsmith served as Director of Strategy and Technology in the Customer Experience organization for Eversource Energy. In this leadership position, he drastically reduced servicing cost and enabled unparalleled service improvement. His work in the digital strategy domain resulted in the company winning several awards for innovation and service improvement.
Mr. Goldsmith developed a technology merchandising business model called Peak Cycle Marketing, which enables infrastructure and technology companies to accelerate adoption of products and services. Mr. Goldsmith has ad vised communications, cable and electric utility companies. Mr. Goldsmith served as CEO of a VoIP service provider that redefined the manner in which IP services were sold to business and consumer markets.
Mr. Goldsmith has a deep understanding of competitive dynamics and he was an active participant in the deregulation of the communications industry. He successfully integrates public policy, regulatory and legislative issues to shape technology offerings for the marketplace.
Mr. Goldsmith holds a BS in Electrical Engineering from Wayne State University, and a MBA from the University of Michigan. He is a registered Profession al Engineer.

Faith Davis is the Director of Innovation & Technology at IP Commercialization Labs, a technology consulting firm, where she helps clients solves their biggest challenges through the use of emerging technology.
Faith monitors emerging technologies and maintains strong relationships with start-ups, R&D organizations in established companies, academic institutions, incubators, etc.  This allows us to provide companies with insight on how to create competitive advantage, lower costs, or a new product or service.
She is a reviewer of early stage startup funding applications and a loaned executive to help startups reach their next significant milestone with Maryland Technology Development Corporation (TEDCO).  She also works with Howard University professors and alumni to promote STEM based entrepreneurship and innovation, including being part of the founding team of university incubator and co-teaching the Lean Launch Pad Capstone course.  Faith also leverages her experience with patent strategy to advise companies on intellectual property and its impact on their ventures.
Prior to IP Commercialization Labs, Faith was a technology associate at In-Q-Tel a strategic venture capital firm where she focused on investments involving the mobile ecosystem. She owned the investment process from sourcing to deal close.  She has over 13 years of experience in technology development, strategy, and venture capital. Faith has worked at NASA, Lawrence Livermore National Lab, The MITRE Corporation, and as a prior art search consultant for Van Pelt, Yi, & James.   She has developed deep expertise in the areas of wireless communications, networking, mobile applications, devices, and internet companies.
She has published several technical papers and has been a speaker at technical conferences, technology focus days, commencements, women’s conferences, and affinity group meetings.  Davis earned a B.S., summa cum laude, from Howard University and a M.S. from Stanford University in Electrical Engineering.

Ms. Dawkins has extensive experience in business development and investment management. 
She has completed consulting projects that range from developing sales programs based on data collected from mobile ordering platforms to identifying expansion opportunities for a global wire transfer company to creating fundraising plans and materials for large non-profit organizations.  She has raised tens of millions of dollars for private investments and cause-related missions.  Most recently, she was a member of the Investment Team for the Annie E. Casey Foundation’s $3 billion endowment.  As an analyst, Ms. Dawkins managed aspects of the endowment’s private capital portfolio and double bottom-line investments.  Ms. Dawkins oversaw several strategic initiatives for the Foundation that focused on the role of direct investments in the portfolio; the usage and integration of technology to improve the ability to track investments, forecast potential returns, and facilitate the due diligence process; and the hiring and retention of MWBE asset managers.
Ms.  Dawkins began her career as an equity research analyst at Alex. Brown focusing on B2B enterprises and e-commerce companies.  She has also worked at in the business valuation group at Deloitte, one of the top audit and consulting firms.  Ms. Dawkins earned her undergraduate in government and African-American studies from Harvard College and an MBA in Finance from the Wharton School of the University of Pennsylvania.