Intel Capital invests $65 mn in 16 companies

Intel Capital, Intel’s global investment and M&A organization, is announcing investments in 16 new technology companies totaling $65 million. Spanning nine countries.

Announced at the 14th annual Intel Capital Global Summit held in San Diego, the new investments are part of Intel Capital’s mission of cultivating global innovation by providing entrepreneurs with the resources necessary to scale from startup to global corporation level. The investments will help drive innovations in the cloud, datacenter, mobile technologies and consumer-related services.

“The annual Intel Capital Global Summit brings together our vast worldwide network of decision-making Fortune 1000 executives with our portfolio company CEOs to network, exchange ideas and kick start partnerships and business deals,” said Arvind Sodhani, president, Intel Capital and Intel executive vice president.

“We are also excited to announce new investments in these 16 innovative companies and look forward to supporting them with our unmatched company-building programs like the Intel Capital Technology Days,” added Sodhani.

The investments include cloud consultancy CloudFX (Singapore); cloud storage software provider Cloudian (Japan/USA); community website and services platform CSDN (China); 3-D software developer DotProduct (USA); cloud file service Fileforce (Japan); interactive video platform Interlude (Israel); high-speed connectivity products company Lintes Technologies (Taiwan); and mobile news syndicator Mobiles Republic (France/USA).

The company has also invested in business continuity and disaster recovery platform Perpetuuiti TechnoSoft Services (Singapore/India); visual merchandising and analytics solutions Prism Skylabs (USA); hybrid storage provider Reduxio Systems (Israel); chip simulation acceleration Rocketick (Israel); car rental company Savaari Car Rentals (India); semiconductor materials developer SBA Materials (USA); open source database solutions SkySQL (Finland); and wireless electricity developer WiTricity (USA).

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