The investment arm of Intel, Intel Capital, has announced three U.S.-based investments totaling approximately $15 million today. The deals include eldercare website Caring.com, real estate investment ratings provider SmartZip Analytics and virtualization infrastructure services provider Virtustream. Intel did not reveal the breakdown of the $15 million between the three startups.
Caring.com is an informational site for family caregivers seeking more information about eldercare. Its content includes articles, advice from experts, a community of caregivers and a comprehensive directory of eldercare services. Caring.com plans to use the funding towards building a local eldercare services directory and new marketing programs.
Real estate analytics focused startup SmartZip Analytics offers independent investment ratings and analysis on over 70 million U.S. residential properties. The site is used to find and compare properties to buy. Virtualization startup Virtustream provides strategy, integration and managed services utilizing virtualization technologies, and xStream, the company’s cloud platform.
The investments were part of Intel’s recently announced $200 million Intel Capital Invest in America Technology Fund, aimed to support investment in U.S.-based startups. Intel Capital has also made investments earlier this year in educational gaming company Tabula Digita, Carrier Ethernet solutions provider Overture Networks and advertising technology company BlackArrow.
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$10.8 billion in over 1,276 companies in 54 countries. In that timeframe, 201 portfolio companies have gone public on various exchanges around the world and 317 were acquired or participated...
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