"Intel Capital invests in the technology continuum that runs from wearables and the Internet of Things to big data analytics - and everything in between, including silicon, smart devices, PCs, the cloud and datacenters," said Arvind Sodhani, president of Intel Capital and Intel executive vice president. "We are focused on helping innovative companies develop across this technology ecosystem, and we expect to invest a total of US$355 million in 2014."
The founders of the newest portfolio companies run the gamut from 13-year-old Shubham Banerjee, who has invented low-cost Braille printers for the blind using Legos and Intel Edison chips; to Sundari Mitra, a 25-year semiconductor industry veteran who is now running her second startup; to Earnest Earon, a rocket scientist whose new company uses unmanned aircraft and cloud-based software to perform data analytics for agricultural, emergency response and other uses.
Intel Capital invests $62 million in 16 tech firms
Posted on Wednesday, Nov 05 2014 @ 13:18 CET by Thomas De Maesschalck