Intel invests $77 million in 18 startups

Posted on Saturday, November 20 2010 @ 8:05 CET by Thomas De Maesschalck

EE Times reports Intel has invested a total of about $77 million in 18 startups:

The new investments include Adaptivity, Althea Systems, Anobit, boo-box, De Novo, IPTEGO, Layar, Lilliputian Systems, Ortiva Wireless, Rock Flow Dynamics, Select-TV, SilkRoad, Taifatech, Videon Central, Verismo Networks, Winchannel, YuMe and Yummly.com.

In addition, Intel Capital, the company's venture capital arm, also highlighted recent follow-on investments in GainSpan, JackBe, Fonality, TecTotal and Wortal. To date, 28 Intel Capital portfolio companies have exited in 2010 either through an IPO or acquisition.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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