• Intel Capital Invests $77 Million in 18 Startups Worldwide

    Leena Rao

    Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Tuesday, November 16th, 2010

    Intel Capital, Intel’s investment arm, has just announced that it has made 18 investments spanning 11 countries, totaling a whopping $77 million. Intel also announced that the venture firm has seen 28 exists of Intel Capital portfolio companies either through an IPO or an acquisition in 2010.

    The new investments for Intel Capital include Adaptivity, Althea Systems, Anobit, boo-box, De Novo, IPTEGO, Layar, Lilliputian Systems, Inc, Ortiva Wireless, Rock Flow Dynamics, Select-TV, SilkRoad, Taifatech, Videon Central, Verismo Networks, Winchannel, YuMe and Yummly.com. The firm also made several follow-on investments in existing portfolio companies including GainSpan, JackBe, Fonality, TecTotal and Wortal.

    According to the release, the investments centered around supporting startups that were innovating in the PC and server segments, including cloud computing, mobile and access to broadband wireless in geographies around the world. Investments also supported technologies related to Smart TV, tablets and smartphones.

    Intel Capital has been on an investing spree as of late. The firm just announced funding to three startups in the Middle East, and in September invested $30 million in four startups in the U.S.

    Financial-organization: Intel Capital
    Website: intelcapital.com
    Launch Date: 1991

    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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