Posts filtered by tags: Intel Capital[x]


MaC Venture Capital to raise $100 mln venture-capital fund

MaC Venture Capital has set out to raise a $100 million venture-capital fund, according to a filing with the SEC. No first close was reported. The Los Angeles early-stage firm is run by Marlon Nichols, co-founder of Cross Culture Ventures and a former investor at Intel Capital, and Adrian Fenty, co-founder of M Ventures and a former mayor of Washington D.C. The filing is available here.    
Tags: Washington, Los Angeles, Trends, SEC, Funds, Intel Capital, Adrian Fenty, Marlon Nichols, Cross Culture Ventures, M Ventures, MaC Venture Capital

A focus on diversity reaps rewards for this Los Angeles investor

The Los Angeles startup scene has come a long way in the three-and-a-half years since Marlon Nichols, Troy Carter and Trevor Thomas launched Cross Culture Ventures. The city and its surrounding Orange County exurbs were at the beginning of a venture capital surge that has seen invested capital in the region rise from $3.63 billion in 2015 to $6 billion last year. Since Cross Culture landed on the Los Angeles scene with a $50 million fund, Nichols and his partners have notched three exits and ...
Tags: TC, Spotify, Europe, Nordstrom, New York, London, Boston, Softbank, Los Angeles, San Francisco, Tech, Atlanta, Intel, Palo Alto, University, United States

Tibit Communications picks up $20 mln Series B

Petaluma, California-based Tibit Communications Inc, a developer of next-generation access devices for passive optical networking, has raised $20 million in Series B funding. Intel Capital led the round. Source: Press Release
Tags: Trends, Intel Capital, VC Deals, Petaluma California, Tibit Communications, Tibit Communications Inc

The future of a16z, Lyft’s sinking stock and another IPO to watch

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week your humble Equity squad (Kate Clark, Alex Wilhelm) were stoked to take on as much as we could with what little time we had. We kicked off with a speed round that turned out to not be very quick and then dug into the biggest news of the week. The Not-So-Speed-Round: Affirm raised $300 million at nearly $3 billion valuation. The round marks another win fo...
Tags: Apple, Startups, TC, Podcasts, Okta, Funding, Tech, Paypal, Venture Capital, Andreessen Horowitz, Max Levchin, Equity, Alex, Parker Conrad, Chevron, Intel Capital

Mighty Networks nets $11 mln Series A

Palo Alto, California-based Mighty Networks, a software-as-a-service platform for brands and businesses, has raised $11 million in Series A financing. Intel Capital and Sierra Wasatch led the round. Source: Press Release
Tags: Trends, Intel Capital, Palo Alto California, VC Deals, Mighty Networks, Sierra Wasatch

Reveal Biosciences Gets Intel’s Backing on “AI-Powered” Pathology

A 25-person startup developing advanced computing tools to speed up pathology work has raised its first institutional financing from a group of investors led by Intel Capital, the corporate investment arm of the chipmaker.The San Diego-based company, Reveal Biosciences, is among 14 early-stage companies with business plans that include artificial intelligence, a catchall term for a wide range of “intelligent” computer programs, that the tech giant recently selected to back.Intel (NASDAQ: INTC) ...
Tags: Startups, Trends, Tech, Intel, San Diego, INTC, Biotech, CVC, Broadcom, Vmware, Intel Capital, Red Hat, Life Sciences, Diagnostics, Intel NASDAQ, National blog main

Intel Invested $117 Million into AI Startups Including Untether AI

Intel Capital announced new investments totaling $117 million in 14 disruptive technology startups. The startups are creating powerful artificial intelligence (AI) platforms; new ways to see and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Intel, Innovation, Intel Capital

'Safety will always come first,' insist Arizona biz org in response to Uber self-driving car death

Robot rides slow down but keep moving Intel Capital "My greatest fear is that we will hit the winter of AV (autonomous vehicles)," says Jill Sciarappo in response to an unwelcome question at the Intel Capital conference in Arizona – the US state that saw the first self-driving car death last year.…
Tags: US, Software, Arizona, Intel Capital, Jill Sciarappo

'Safety will always come first,' insist Arizona biz org in response to Uber self-driving death

Robot cars slow down but keep moving Intel Capital "My greatest fear is that we will hit the winter of AV (autonomous vehicles)," says Jill Sciarappo in response to an unwelcome question at the Intel Capital conference in Arizona – the US state that saw the first self-driving car death last year.…
Tags: US, Software, Arizona, Intel Capital, Jill Sciarappo

Medical Informatics Corp scores $11.9 mln Series A

Medical Informatics Corp, a provider of a patient monitoring and predictive analytics platform, has secured $11.9 million in Series A funding. Data Collective Venture Capital led the round with participation from Intel Capital and the Texas Medical Center Venture Fund. In addition to the funding, DCVC’s Scott Barclay and Intel Capital’s Eric King will join MIC’s board of directors. Source: Press Release
Tags: Texas, Trends, Healthcare, Mic, Intel Capital, Eric King, VC Deals, DCVC, Medical Informatics Corp, A. Medical Informatics Corp, Scott Barclay

Pixeom raises $15M for its software-defined edge computing platform

Pixeom, a startup that offers a software-defined edge computing platform to enterprises, today announced that it has raised a $15M funding round from Intel Capital, National Grid Partners and previous investor Samsung Catalyst Fund. The company plans to use the new funding to expands its go-to-market capacity and invest in product development. If the Pixeom name sounds familiar, that may be because you remember it as a Raspberry Pie-based personal cloud platform. Indeed, that’s the service the c...
Tags: Google, Fundings & Exits, Enterprise, Microsoft, Developer, Cloud Computing, Samsung, Tech, Energy industry, Ceo, Computing, Machine Learning, Api, Openstack, Amazon Web Services, Intel Capital

Intel Capital invests $117 mln into 14 companies

Intel Capital said it invested $117 million into 14 companies from sectors including artificial intelligence, communications, health care and chip design. An announcement was made at the firm’s annual Global Summit. Intel Capital, the investment arm of chipmaker Intel, said the investments further its strategy of taking larger, more strategic positions in startups. The companies include Cloudpick from China, SambaNova Systems from California, Untether AI from Canada, Zhuhai EEasy Technology from...
Tags: California, China, Israel, Trends, Intel, Intel Capital, VC Deals, Global Summit Intel Capital, China SambaNova Systems, Canada Zhuhai, California Pixeom, United Kingdom Also, Tibit Communications, Texas Reveal Biosciences, Qolibri

Pixeom takes in $15 mln

Pixeom Inc, a software-defined edge computing company, has raised $15 million in funding. The investors included Intel Capital and National Grid Partners. PRESS RELEASE Phoenix, AZ, April 2, 2019 – Pixeom, Inc., the market leading software defined edge computing company, is proud to announce it has secured $15 million capital funding led by Intel Capital, National Grid Partners and others. The influx of funds will enable the company to continue scaling and deliver its end-to-end edge computing e...
Tags: Google, New York, Microsoft, Trends, Intel, Silicon Valley, Intel Capital, Lisa Lambert, NGP, VC Deals, Intel Capital Intel Capital, Pixeom, Pixeom Inc, Intel Capital National Grid Partners, Intel Google SK Telecom Vodafone, National Grid Pixeom

Chevron Tech, Medical Informatics, ActivTrak, Linear & More TX Tech

Let’s catch up with the latest innovation news in Texas.—Chevron Technology Ventures Thursday launched a $90 million fund for energy investments. The fund is CTV’s seventh and investments will be made in high-growth startups with technologies that have the potential to improve Chevron’s core oil and gas business performance, says CTV President Barbara Burger. “We are using venture capital as a conduit for early access to innovation and to build a pipeline of innovation for Chevron,” Burger said...
Tags: Startups, Texas, California, Big Data, China, Funding, Dallas Mavericks, San Francisco, Trends, Tech, Investment, People, Vc, Software, Austin, Scooters

Tetrate nets $12.5 million to bring microservices to the corporate masses

Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.5 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing from a slew of institutions and big names in enterprise software including Pankaj Patel, Former Chief Development Officer at Cisco...
Tags: Google, TC, Lyft, Cloud Computing, Samsung, Tech, Cisco, Ceo, Engineer, Companies, Computing, Ibm, WeWork, Vmware, Cto, Intel Capital

VC-backed SiFive hires business development VP

SiFive, a Silicon Valley-based provider of commercial RISC-V processor IP and silicon solutions, has appointed Hiren Majmudar vice president of business development. Previously, he led Intel Capital‘s corporate development practice for silicon and IP. SiFive is backed by Sutter Hill Ventures, Spark Capital, Osage University Partners, Chengwei, Huami, SK Hynix, Intel Capital and Western Digital. PRESS RELEASE SAN MATEO, Calif., Feb. 28, 2019 /PRNewswire/ — SiFive, the leading provider of commerci...
Tags: Trends, Intel, IP, People, Silicon Valley, Intel Capital, San Mateo Calif, Majmudar, SiFive, State University of New York Stony Brook, Hiren, Hiren Majmudar, Naveed Sherwani SiFive, Silicon Valley SiFive

Why longer term sheets are better

Recently in a conversation, the length of term sheets came as a topic (I assure you, it was a riveting conversation). The complaint was that a term sheet which had recently been received was too long, and therefore the VC who sent it wasn’t being founder friendly. The travails of successfully raising money! Actually though, a longer term sheet is much more founder friendly and good business practice, and founders should be leery of VCs bearing short contracts. Historically (i.e. about 6 years ag...
Tags: Amazon, Asia, Japan, California, Saudi Arabia, Government, China, Ipo, India, Softbank, US, Tech, Intel, Steam, Beijing, Brooklyn

Early-Stage VC Firm Sorenson Ventures Closes Inaugural Fund at $110M

Sorenson Ventures, an offshoot of Utah private equity firm Sorenson Capital, announced today it has closed its first fund with more than $110 million to invest in early-stage security and enterprise software companies.The young venture capital firm was formed in 2017 by Sorenson Capital, which recruited former Intel Capital executive Ken Elefant as managing director. Elefant shares leadership of the VC spinout with Sorenson Capital’s managing director Rob Rueckert. The pairing was a reunion for...
Tags: Startups, Utah, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cybersecurity, Vc, Venture Capital, Machine Learning, Silicon Valley, Financing, Lightspeed Venture Partners, Investor, Intel Capital

Korean conglomerate SK leads $600M round for Chinese chipmaker Horizon Robotics

Horizon Robotics, a three-year-old Chinese startup backed by Intel Capital, just raised a mega-round of fundings from domestic and overseas backers as it competes for global supremacy in developing AI solutions and chips aimed at autonomous vehicles, smart retail stores, surveillance equipment and other devices for everyday scenarios. The Beijing-based company announced Wednesday in a statement that it’s hauled in $600 million in a Series B funding round led by SK China, the China subsidiary of ...
Tags: China, Tech, Intel, Beijing, Silicon Valley, Horizon, Baidu, Intel Capital, Citic, Yu, One Belt One Road, SK, SK Group, The Financial Times, Yu Kai, Hillhouse Capital

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