Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges
CoStar has sued former Homesnap employees over the alleged theft of its trade secrets, according to court filings.
Source: housingwire.com
Stay updated with breaking news from Happening Technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
CoStar has sued former Homesnap employees over the alleged theft of its trade secrets, according to court filings.
Former employees allegedly used trade secrets to build a rival platform, which they pitched back to CoStar as well as to competitors.
The commercial real estate giant is seeking to stop Homesnap's founder from marketing a new data-transfer platform, which CoStar says is "a copycat" of its own tech.