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GN Audio acquires Altia Systems for $125 mln

GN Audio has acquired Cupertino, California-based Altia Systems, a provider of video communications solutions, for $125 million. Altia was backed by Naya Ventures. PRESS RELEASE DALLAS, Feb. 19, 2019 /PRNewswire/ — Altia Systems, based in Cupertino, California (USA), is a leading innovative developer of premium video communications solutions utilizing digital multi-camera array technology. This market is expected to grow significantly from a currently low penetration rate fueled by easy to use (...
Tags: Usa, US, Trends, Tech, M&a, Intel Capital, Unified Communications, Naya, Cupertino CA, Cupertino California, Aurangzeb, Naya Ventures, Altia, Altia Systems, Gn Audio, Aurangzeb Khan


GN acquires Altia Systems for $125M to add video to its advanced audio solutions

Some interesting M&A is afoot in the world of hardware and software that’s aiming to improve the quality of audio and video communications over digital networks. GN Group — the Danish company that broke new ground in mobile when it inked deals first with Apple and then Google to stream audio from their phones directly to smart, connected hearing aids — is expanding from audio to video, and from Europe to Silicon Valley. Today, the company announced that it would acquire Altia Systems, a start...
Tags: Apple, Google, Fundings & Exits, Gadgets, Europe, Enterprise, Tech, Intel, Artificial Intelligence, Hearing, Cupertino, Intel Capital, Jabra, GN, Intel Corporation, Pindrop


SXSW Startups: Fantag

The Forrest Four-Cast: February 11, 2019 Fifty diverse startups will aim to impress a panel of judges and a live audience with their skills, creativity and innovation at SXSW Pitch Presented by Cyndx. Winners in 10 categories will be announced at the Pitch Award Ceremony at 6:30 pm Sunday, March 10, at the Hilton Austin.A finalist in Entertainment and Content, which will pitch at 3:30 pm Sunday, March 10, Fantag makes applications and embeddable technology that lets everyone access video momen...
Tags: Videos, Startups, Sports, Sacramento, Startup, Sacramento State, San Jose, John, Iot, UC Davis, Sdk, Intel Capital, Sxsw, Bay Area, Distribution, San Francisco Bay Area


Catalytic scores $30 mln Series B

Chicago-based Catalytic, a SaaS intelligent automation platform, has raised $30 million in Series B financing. Intel Capital led the round with participation from Redline Capital, New Enterprise Associates, Boldstart and Hyde Park Angels. Source: Press Release
Tags: Trends, Chicago, Hyde Park, Intel Capital, VC Deals


Chicago RPA startup Catalytic hauls in $30M Series B

Robotics Process Automation (RPA) is as hot as any enterprise technology at the moment, as companies look for ways to marry their legacy systems with a more modern flavor of automation. Catalytic, a startup from the midwest is putting its own flavor on RPA, aiming at more unstructured data. Today it was rewarded with a $30 million Series B investment. The investment was led by Intel Capital with participation from Redline Capital and existing investors NEA, Boldstart and Hyde Park Angel. Toda...
Tags: Startups, Cloud, Enterprise, NYC, Funding, Tech, Chicago, Sap, Intel Capital, Bosch, NLP, RPA, Redline Capital, Chou, BoldStart Ventures, Catalytic


Fortanix inks $23 mln Series B

Mountain View, California-based Fortanix, a runtime encryption solutions provider, has secured $23 million in Series B funding. Intel Capital led the round with participation from other investors that included Foundation Capital and Neotribe. In addition to the funding, Sunil Kurkure of Intel Capital will join the Fortanix’s board of directors. Source: Press Release
Tags: Trends, Foundation Capital, Intel Capital, Mountain View California, VC Deals, Fortanix, Sunil Kurkure


Sapphire Ventures bets big on esports and entertainment with new $115M fund

Sapphire Ventures, formerly the corporate venture capital arm of SAP, has lassoed $115 million from new limited partners (LPs) to invest at the  intersection of tech, sports, media and entertainment. A majority of the LPs for the new fund, called Sapphire Sport, have ties to the sports industry, from City Football Group, which owns English Premier League team Manchester City, to Adidas, the owners of the Indiana Pacers, New York Jets, San Jose Sharks and Tampa Bay Lightning, among others....
Tags: Startups, TC, Gaming, Entertainment, Sports, Tech, Adidas, Fox, Manchester City, Venture Capital, Tom Brady, Fitbit, San Jose Sharks, Major League Baseball, New York Jets, Sap


Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “ the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack self-driving software system for automobile manufacturers, is raising at least $500 million in equity f...
Tags: Google, Startups, Transportation, Uber, Linkedin, Tech, Tesla, Automotive, Sydney, Venture Capital, Reid Hoffman, Sequoia Capital, Greylock Partners, Kleiner Perkins, Greylock, Intel Capital


Alibaba acquires German big data startup Data Artisans for $103M

Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading the development of Apache Flink, an open source large-scale data processing technology. The startup offers its own...
Tags: Startups, Asia, Berlin, European Union, Mysql, Software, Computing, Alibaba, Vice President, Alibaba Group, Free Software, Streaming Services, Intel Capital, Online Marketplaces, Mariadb, Ewen


Mental wellness startup Wisdo launches with $11 million in funding

Social media has lately been linked to mental health issues, with a recent study showing a causal relationship between the use of social media and depression and loneliness. Wisdo, which just raised $11 million in seed funding from Intel Capital and a handful of angel investors, aims to connect and support people in some of their toughest moments. Communities on Wisdo focus on topics around physical health, mental health, self-growth, sexuality, identity and family. The app works by connecting p...
Tags: Health, TC, Social Networks, Tech, Mental Health, Intel Capital, Richard Klausner, Wisdo, Boaz Gaon, Wisdo Board


Intel Capital backs Movellus

San Jose, California and Ann Arbor, Michigan-based Movellus, which develops traditionally analog IPs, has secured an undisclosed amount of funding. The backer was Intel Capital. Source: Press Release
Tags: Trends, Intel Capital, Ann Arbor Michigan, San Jose California, VC Deals, Intel Capital Source


HubSpot Wants to Stoke Innovation With $30M Corporate Venture Fund

Hubspot is launching a $30 million corporate venture capital fund to invest in promising startups that can boost its marketing platform.HubSpot Ventures will back companies with software tools that align with the Cambridge, MA-based company’s aim to help small and medium businesses grow, the company says. Target companies will also need to align with HubSpot’s philosophy about customers and culture, and be raising a seed, Series A, or Series B round with a notable lead investor, the company say...
Tags: Startups, New York, Boston, Marketing, Trends, Palo Alto, Vc, Venture Capital, Cambridge, Google Ventures, CVC, GE Ventures, HubSpot, Qualcomm Ventures, Intel Capital, Salesforce Ventures


Ystrategies targets $25 mln for seed-stage fund

Pittsburgh and San Francisco-based Ystrategies, a venture firm focused on tech startups in the software and cleantech sectors, is seeking to raise over $25 million for a seed-stage fund. The fund will focus on science-based technology businesses. PRESS RELEASE SAN FRANCISCO–(BUSINESS WIRE)–Ystrategies Corp. (“Ystrategies” or the “Company”) (OTC: YSTR), a publicly traded venture capital firm focused on technology startups with disruptive intellectual property in the software and cleantech sectors...
Tags: San Francisco, Trends, Funds, Intel Capital, Pittsburgh, Company, Ystr, Ystrategies, SAN FRANCISCO BUSINESS WIRE Ystrategies Corp, Vayu Corp, Jim Kiles, Ystrategies Corp Ystrategies, US National Laboratory System, Shirley Gee Ystrategies


Eclypsium raises $8.75 mln

Eclypsium said Dec. 4 that it raised $8.75M in Series A round led by Madrona Venture Group. Also participating were investors Andreessen Horowitz, Intel Capital and Ubiquity Ventures. Eclypsium, of Portland, Oregon, provides an enterprise firmware protection platform. PRESS RELEASE Beaverton, OR – DATE – Eclypsium, the industry’s first enterprise firmware protection platform, announced today it has raised $8.75M in Series A funding. The new investment comes on the heels of rapid demand for Eclyp...
Tags: Trends, Intel, Andreessen Horowitz, Intel Capital, Madrona Venture Group, McAfee, Beaverton, Portland OR, Tim Porter, PE Deals, Martin Casado, Advanced Threat Research, Trina Van Pelt, Eclypsium, Andreessen Horowitz Intel Capital, Yuriy Bulygin Co Founder


Occipital Reaches Turning Point with New 3D Sensor for Drones, VR

Occipital, the San Francisco-based spatial computing startup, first planted its flag in computer vision tech five years ago when it released a plug-in sensor, billed as the first 3D sensor created for mobile devices such as the iPad. Called Structure Sensor, it allows users—mostly software developers and gamers—to capture 3D models or images in order to map the surrounding area.Occipital announced this week that it has released a second sensor, called Structure Core. According to Adam Rodnitzky...
Tags: Startups, Hardware, Entrepreneurship, San Francisco, Trends, Software, Cameras, Drones, Innovation, Virtual Reality, Augmented Reality, Computer Vision, Foundry Group, Intel Capital, 3d Imaging, University Of Michigan


Alcide inks $7 mln Series A

Tel Aviv-based Alcide, a provider of cloud-native security platform, has secured $7 million in Series A funding. The investors were CE Ventures, Intel Capital and Elron. In addition to the funding, Ben Weiss, a partner at CE Ventures, will join Alcide’s board. PRESS RELEASE Tel Aviv – November 20, 2018 – Alcide, provider of the first Microservices Firewall for application networking security, has raised $7M in Series A funding from new investor CE Ventures alongside existing investors Intel Capi...
Tags: Asia, China, US, Tel Aviv, Trends, Today, Aws, Las Vegas, Intel Capital, EMEA, VC Deals, Ben Weiss, CE Ventures, Anthony Lin, Elron, Alcide


Intel leads $75 mln round for Habana Labs

Habana Labs Ltd said Nov. 15 that it raised $75 million in a B round led by Intel Capital. Also participating were by WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors. Habana Labs is a fabless semiconductor company located in Tel-Aviv, Israel and San Jose, California. PRESS RELEASE TEL-AVIV, Israel and SAN JOSE, California, Nov. 15, 2018 /PRNewswire/ — Habana Labs, Ltd. (www.habana.ai), a leading startup in the emerging AI processor space, today a...
Tags: Israel, US, Trends, Intel, PCIe, Intel Capital, Goya, Tel Aviv Israel, San Jose California, Intel Corporation, VC Deals, Adam Fisher, RESNET, Wendell Brooks, Intel Capital Intel Capital, Habana Labs Ltd


SAM Seamless Network takes in $12 mln Series A

Tel Aviv-based SAM Seamless Network, the intuitive security system for the home IoT network, has raised $12 million in Series A financing. Intel Capital led the round with participation from other investors that include NightDragon, ADT Inc and Blumberg Capital. PRESS RELEASE Tel Aviv, Israel, November 14th, 2018 – SAM Seamless Network, the intuitive security system for the home IoT network, announces today that it has completed a $12m Series A financing round. The round, led by Intel Capital, i...
Tags: Europe, US, Tel Aviv, Trends, Intel, Canada, United States, Gartner, North America, Sam, Intel Capital, Blumberg Capital, Adt, Soho, DeWalt, McAfee


SAM nabs $12M for cybersecurity aimed at home routers and devices connected to them

A wave of security startups have built solutions for enterprises that are meeting the challenges of “consumerization”, where IT organizations are tasked with securing a range of devices and apps — some brought in by employees, not issued by IT — that are on the organization’s networks. Today, a startup based out of Israel that is taking a similar approach, but aimed at consumers and the plethora of devices now connected to their home networks, is announcing a round of funding. SAM — which provid...
Tags: TC, UK, Israel, US, Tech, Intel, Gartner, Sam, ADP, Cto, Intel Capital, Adt, McAfee, Akamai, Intel Corp, Germany Belgium


National Grid unveils $250M corporate venture capital arm

National Grid, the Northeast’s natural gas and electricity company, is planting a flag in Silicon Valley with the launch of National Grid Partners. Led by former Intel Capital vice president and managing director Lisa Lambert, NGP has $250 million to invest in growth-stage technology startups over the next two to three years. Based in Las Gatos, NGP plans to fund 10 to 15 startups per year. “We want to disrupt ourselves before we are disrupted,” Lambert told TechCrunch. “That’s the only way ...
Tags: Travel, Venture Capital, Silicon Valley, GreenTech, Intel Capital, Lambert, Lisa Lambert, NGP, Las Gatos, Lambert NGP


Chinese medical imaging AI company HuiyiHuiying locks in funding

Beijing-based HuiyiHuiying, a medical imaging artificial intelligence company, has raised an undisclosed amount of funding. Intel Capital led the round with participation from Beijing Singularity Power Investment Fund. Source: Press Release
Tags: Trends, Beijing, Healthcare, Intel Capital, VC Deals, HuiyiHuiying, Beijing Singularity Power Investment Fund Source


Overwolf attracts $16 mln

Overwolf, which is building an open platform of game apps and in-game services, has secured $16 million in funding. Intel Capital led the round with participation from other investors that included Liberty Technology Venture Capital. Source: Press Release  
Tags: Trends, Intel Capital, VC Deals, Overwolf, Liberty Technology Venture Capital Source


UiPath adds two VC execs to board

UiPath, an enterprise robotic process automation software company, has named Carl Eschenbach and S. Somasegar to its board. Eschenbach is a partner at Sequoia Capital while Somasegar is a managing director at Madrona Venture Group. UiPath is backed by Accel, CapitalG, Credo Ventures, Earlybird’s Digital East Fund, Kleiner Perkins, Seedcamp and Sequoia. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–UiPath, the leading enterprise Robotic Process Automation (RPA) software company, today announced that Car...
Tags: Google, Europe, New York, Microsoft, Israel, Trends, People, Ai, Seattle, Sequoia Capital, Notre Dame, Earlybird Venture Capital, Vmware, Intel Capital, Accel, Credo Ventures


China has put the automotive renaissance into hyper drive

Matt Stone Contributor Share on Twitter Matt Stone is a business development manager at Intel Capital, with a focus on automotive technology and transportation. A tri-fold automotive renaissance, led by technology, has been playing out over the past few years. Electric vehicles finally have been embraced by mainstream consumers — and elevated by Tesla with long range and luxury quality. Meanwhile, rides on demand from Uber an...
Tags: Apple, Lyft, Column, Asia, China, Tech, Tesla, Automotive, Porsche, Electric Vehicles, Korea, Gm, Autonomous Vehicles, Volkswagen, North America, Electric


Corporate venture investment climbs higher throughout 2018

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor In VC fund creation, have we passed the peak? Supergiant VC rounds aren’t just raised in China Many corporations are pinning their futures on their venture investment portfolios. If you can’t beat startups at the innovation game, go into business with them as financial partners. Though many technol...
Tags: TC, Column, Technology, Finance, China, Softbank, Tech, Economy, United States, Cigna, Venture Capital, Private Equity, Lockheed Martin, Intel Capital, Corporate Venture Capital, Crunchbase


VC-backed AEye hires Benchmark’s Ramanthan as operations VP

Pleasanton, California-based AEye Inc, a developer of advanced vision hardware, software and algorithms for self-driving vehicles, has named Nate Ramanathan as vice president of operations. Previously, he was a senior executive at Benchmark. AEye’s backers include including Kleiner Perkins Caufield & Byers, Airbus Ventures and Intel Capital. PRESS RELEASE PLEASANTON, Calif., Sept. 13, 2018 /PRNewswire/ — AEye, a leader in artificial perception systems, today announced the appointment of Nate Ram...
Tags: Trends, People, Intel Capital, San Francisco Bay Area, Hutchinson, Nate, Pleasanton Calif, Pleasanton California, Ramanathan, AEye Inc, Luis Dussan, Kleiner Perkins Caufield Byers Airbus Ventures, Ramanthan, Nate Ramanathan, Benchmark Inc, Medtronic Ford Motor Company


Cloud optimization startup Spotinist inks $35 mln Series B

San Francisco-based Spotinist, a cloud optimization startup, has secured $35 million in Series B funding. Highland led the round with participation from return backers Leaders Fund, Intel Capital and Vertex Ventures. PRESS RELEASE San Francisco and Tel Aviv, 28th August 2018 – Spotinst has raised $35 million in a Series-B funding round for its AI based workload management platform, which helps companies to manage and optimize their cloud computing spend across several cloud providers. The fundin...
Tags: Google, Europe, Microsoft, Tel Aviv, San Francisco, Trends, Aws, Deloitte, North America, Containers, Intel Capital, Sla, Highland, San Francisco New York, Amazon Google, VC Deals


Spotinst, excess cloud capacity management service, snares $35M Series B

Spotinst, the startup that helps companies purchase and manage excess cloud infrastructure capacity, announced a hefty $35 million Series B today led by Highland Capital. Existing investors Leaders Fund, Intel Capital and Vertex Ventures also participated. Today’s round brings the total investment to over $52 million. Cloud infrastructure vendors like Amazon Web Services, Microsoft Azure and Google Cloud Platform run massive data centers to have enough capacity at any given moment to respond ...
Tags: Google, Startups, Cloud, Microsoft, Developer, Funding, Azure, San Francisco, Tech, SaaS, Aws, Vmware, Intel Capital, Google Cloud Platform, Vertex Ventures, Amazon Web Services Microsoft


Inside Salesforce Ventures — the investment arm behind a $1 billion software ecosystem fueling growth (CRM)

 If it seems like there are a lot of companies built on or around Salesforce, it's with good reason. The $106 billion cloud software company has made 275 investments around the world in companies that support its wider ecosystem. But Salesforce Ventures isn't like traditional venture capital firms, which want to make their investors money. The team has one priority: to make strategic investments that grow the number of ways customers can use Salesforce. If it seems like there are a lot of a...
Tags: Europe, Africa, Trends, CMO, Middle East, Tokyo, Ibm, Salesforce, Intel Capital, Accel, Salesforce Ventures, Bessemer Venture Partners, Marc Benioff, John Somorjai, GV Google, Health Partners


Canadian 3D computer vision startup AIRY3D gathers $10 mln Series A

AIRY3D Inc., a Montreal-based 3D computer vision start-up,has raised $10 million in Series A funding. Intel Capital led the round with participation from other investors that included CRCM Ventures, Nautilus Venture Partners, R7 Partners, Robert Bosch Venture Capital and WI Harper Group. Source: Press Release
Tags: Trends, Montreal, Intel Capital, VC Deals, WI Harper Group Source