diff --git a/IP_NOTICE b/IP_NOTICE
new file mode 100644
index 0000000000..2fea3ba697
--- /dev/null
+++ b/IP_NOTICE
@@ -0,0 +1,5 @@
+Copyright 2023 Arize AI, Inc. All Rights Reserved.
+
+Portions of this code are patent protected by one or more of U.S. Patent Nos. 11,315,043 and 11,615,345. The patent protection includes, but is not limited to, functionality enabled by executing the portions of the code, a device or a system executing the portions of the code, a memory storing the portions of the code, etc.
+
+This software is licensed under the terms of the Elastic License 2.0 (ELv2). See LICENSE.
diff --git a/README.md b/README.md
index 21a2c307a9..4c8fbce0b2 100644
--- a/README.md
+++ b/README.md
@@ -117,8 +117,10 @@ Join our community to connect with thousands of machine learning practitioners a
 -   [UMAP](https://github.com/lmcinnes/umap) For unlocking the ability to visualize and reason about embeddings
 -   [HDBSCAN](https://github.com/scikit-learn-contrib/hdbscan) For providing a clustering algorithm to aid in the discovery of drift and performance degradation
 
-## Copyright and License
+## Copyright, Patent, and License
 
 Copyright 2023 Arize AI, Inc. All Rights Reserved.
 
-This software is licensed under the terms of the Elastic License 2.0 (ELv2)
+Portions of this code are patent protected by one or more U.S. Patents. See [IP_NOTICE](https://github.com/Arize-ai/phoenix/blob/main/IP_NOTICE).
+
+This software is licensed under the terms of the Elastic License 2.0 (ELv2). See [LICENSE](https://github.com/Arize-ai/phoenix/blob/main/LICENSE).
diff --git a/pyproject.toml b/pyproject.toml
index 446f01a765..922317ee0e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ description = "ML Observability in your notebook"
 readme = "README.md"
 requires-python = ">=3.8, <3.11"
 license = "Elastic-2.0"
-license-files = { paths = ["LICENSE"] }
+license-files = { paths = ["LICENSE", "IP_NOTICE"] }
 keywords = [
   "Observability",
   "Monitoring",