Gengo, an increasingly popular online translation service that uses a network of more than 7,500 pre-screened and rated translators to provide high-quality translations in 33 languages, announced that it has raised a $12 million funding round. The round was led by Intel Capital, with participation from Iris Capital, Infocomm, NTT-IP and Saudi Telecom Ventures, as well as returning… → Read More
Intel Capital, the venture arm of Intel, boasts over 120 portfolio companies to have listed publicly on the NASDAQ alone. In celebration of that, President Arvind Sodhani rang yesterday’s closing bell, and we caught up with him to chat about the future of the Ultrabook platform, wearable computing, and advancements in voice and gesture technology.
Intel Capital has actually invested in two of… → Read More
County Kerry, Ireland-headquartered Altobridge, a company that develops and deploys technology for mobile networks to help them cut the cost of delivering mobile voice and data, has announced that it’s raised a new $7.8 million round of funding from previous backers Intel Capital and International Finance Corporation (IFC).
The new funds will be used to “accelerate” the roll-out of its mobile… → Read More
Mirantis has raised $10 million in a round led by Intel Capital to extend its OpenStack services for companies seeking to build out a cloud infrastructure. Dell Ventures and WestSummit Capital also participated in the Series A investment. → Read More
Intel Capital and Red Hat have invested in 10Gen bringing the total raised to $76 million for the company. 10Gen is the sponsor for MongoDB, the popular open source NoSQL database. → Read More
Earlier this year, young venture capital fund and startup accelerator 500 Startups announced some changes that indicated its intent to move beyond adolescence into adulthood, and expand its scope beyond the U.S. The firm raised a new, bigger fund, added new partners, and increase its focus on identifying and investing in talented international entrepreneurs.
Dave McClure and company have… → Read More
After launching the Ultrabook Fund to invest in tablet technologies, Intel Capital, the investment arm of chip giant Intel Corporation, has created a $100 million fund to invest in technology innovation in the automotive industry.
Called the Intel Capital Connected Car Fund, the new venture vehicle will be targeted primarily at investing in technologies that will deliver in-vehicle… → Read More
Intel Capital, the investment arm of chip giant Intel Corporation, has announced a $300 Million Ultrabook Fund to fund technologies that will help deliver new and enhanced user experiences, longer battery life and slim component and platform technologies in personal computing.
Earlier this year, Intel pitched a new category of laptops, Ultrabooks, which are supposed have three distinct… → Read More
JouleX– an Atlanta tech startup promising a way to cut energy consumption and reduce costs at large data centers by about half– closed a $17 million round of financing, the company announced today. Investors included: Sigma Partners, Flybridge Capital Partners and Intel Capital, along with earlier investors Target Partners and TechOperators.
The U.S. EPA has not updated national statistics… → Read More
Sapato.ru, a Russian online shoe retailer, this morning announced that it has secured $12 million in additional capital from Intel Capital, with existing investors Direct Group, eVenture Capital Partners and Kinnevik participating. The round brings Sapato.ru’s total of funding to approximately $20 million.
The investments will be used for expanding the assortment range, marketing and to improve… → Read More
Augmented reality software company Total Immersion this morning announced that it has secured $5.5 million in a funding round led by Intel Capital, with existing backers Partech, iSource and Elaia Partners participating. The company has now raised more than $11 million in funding.
The additional capital will be used to step up development of its D’Fusion software platform and to expand… → Read More
Intel, through stand-alone subsidiary Intel Mobile Communications, today announced that it has acquired most of the assets of SySDSoft, a Cairo, Egypt-based software company to accelerate its 4G LTE efforts.
The privately-held company develops embedded wireless systems. Intel says it will hire roughly 100 of SySDSoft’s electrical engineers and computer scientists. → Read More
Intel Capital, Intel’s investment arm, has announced six new investments totaling $26 million in a number of startups developing technology for mobile platforms. The startups intel invested in include open source mobile software company Borqs; location-based mapping platform provider CloudMade; QuantumFilm-based image sensor vendor InVisage; open source online video platform Kaltura; online… → Read More
A Pennsylvania startup Viridity Energy drew a series B investment of $14 million from Braemar Energy Ventures and Intel Capital, the company reported today.
Founded in 2008, Viridity Energy offers “distributed demand management software, systems and services,” that can turn very energy-consuming businesses into producers and sellers of power back to the grid. Viridity’s technology can also help… → Read More
Clickfree this morning said it has received an investment from Intel Capital that brings its total funding raised to more than $33 million, following an earlier $15 million financing round (PDF) secured back in August 2010.
Clickfree, which is actually a brand name (the company’s called Storage Appliance Corporation), provides a range of computer backup products. → Read More
The impossibly named [x+1], which specializes in online targeting technology, has raised $10 million in a Series B round led by Intel Capital. Existing investors Advanced Technology Ventures, Blue Chip Venture Company and Hudson Venture Partners also participated.
The additional capital will serve to promote adoption of the startup’s media software services and to expand its international reach. → Read More
Augmented reality startup Layar has raised roughly $14 million (€10 million) in its second round of funding, which was led by Intel Capital and joined by previous backers Sunstone Capital and Prime Ventures. This brings the total of capital raised by the Dutch company to a healthy $17.4 million. → Read More
Intel’s investment arm, Intel Capital, announced three new investments at the World Economic Forum on the Middle East and North Africa today.
The three startups that have received fresh capital from the investment organization are UK/Lebanon based Nymgo (which delivers cheap VoIP telephony services), Jordan-based Jeeran (social networking site) and ShooFeeTV (which operates a Web-based… → Read More
Intel Capital, the investment arm of Intel, has just announced a $3 million investment in OpenFeint, the comprehensive mobile social gaming platform from Aurora Feint. This latest round brings Aurora Feint’s total funding to $12 million. Earlier this year, the company also took a $5 million investment from Chinese gaming company The9.
OpenFeint’s plug and play mobile social platform and… → Read More
Intel Capital has invested $30 million in four technology companies today, announcing investments in the cleantech, cloud computing and semiconductor manufacturing sectors. 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. The investments include:
Utah-based IT startup … → Read More
Mobile video advertising startup Transpera has completed its Series C financing round, totaling $9 million. The round was led by BlackBerry Partners Fund, an independent venture capital firm that works in collaboration with Research In Motion and backs companies focused on building and selling applications, services and supporting infrastructure for mobile computing.
Existing investors Flybridge… → Read More
Intel Capital is investing $10 million in TRA (which stands for ‘True ROI Accountability for Media’), a media planning, measurement and analytics software company. Funding for the investment comes from the $200 million Intel Capital Invest in America Technology Fund.
Intel’s capital injection is part of an $18.2 million Series C round, which includes participation from existing investors Arbitron… → Read More
Joyent, the Californian provider of cloud computing solutions – although they like to refer to that as delivering “web application hosting Infrastructure as a Service” – today announced that it raised an undisclosed amount of funding from Intel Capital.
The news comes only a few weeks after Intel helped the 5-year old company launch a cloud computing service in mainland China, reportedly the… → Read More
Intel Capital has led a Series B funding round in Sense Networks, a NY-based developer of nifty machine-learning technology that allows for digital indexing and ranking of real world locations based on movement data. According to Venturebeat, which broke the news before the weekend, the amount invested was about $6 million in a ‘hotly contested deal’ that left Sequoia pulling the short… → Read More
Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found that… → Read More
Today, Intel Capital announced new investments in eight startups totaling $60 million. Below is each company, along with the size of the round they just raised. (Not all would disclose when I asked during the conference call). And while Intel led most of the investments it was not the sole investor, so the total adds up to more than $60 million. Accertify (fraud management for online… → Read More
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