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PerspecSys Raises $12M From Paladin, Ascent, Intel and Others

Posted on: May 9, 2013 by Mark BosletNo Comments »

PerspecSys Inc., which provides cloud data protection solutions for enterprises, has raised US$12 million in a Series B financing round co-led by Paladin Capital Group and Ascent Venture Partners, and joined by existing investor Intel Capital and other institutional investors. The company has raised more than US$20 million. PerspecSys, which has offices in Canada, the United Kingdom and the United States, first received start-up financing in 2007 from Canadian venture capital firm GrowthWorks.

FeedHenry Raises $9M From Intel, ACT, Kernel, VMware, Others

Posted on: May 2, 2013 by Mark BosletNo Comments »

FeedHenry said it raised $9 million in a round led by Intel Capital and joined by new investor ACT Venture Capital and existing investors Kernel Capital, VMware Inc. and Enterprise Ireland. Private investors also participated. The new funding will support the international expansion of the company’s mobile application platform.

Intel Capital Boosts Team

Posted on: April 30, 2013 by asormaniNo Comments »

Intel Capital has boosted its investment team with the appointment of a new investment director, Tobi Oke, based in Lagos, Nigeria. Oke will focus on investments in Sub-Saharan Africa.

Gengo Closes Funding Round Led by Intel Capital

Posted on: April 24, 2013 by asormaniNo Comments »

Gengo, a translation platform for global companies, has recently closed a $12 million round of funding led by Intel Capital, with participation from Atomico, Iris Capital, Infocomm Investments, NTT-IP Fund and STC Ventures. Details of the investment were not released.

Corporate Venture Deal Making Falls Slightly in First Quarter

Posted on: April 12, 2013 by Mark BosletNo Comments »

Corporate venturing is on the rise. This was on display again in the first quarter, when 222 investments from corporate venture groups around the world took place worth $4 billion, according to Global Corporate Venturing.

Zynga CIO is Off to Nirvanix, Becoming Its Fifth CEO in Six Years

Posted on: March 25, 2013 by Connie Loizos1 Comment »

Debra Chrapaty has left her post as Zynga’s CIO to become the CEO of cloud-storage startup Nirvanix. But to get the company on track, the tech veteran may have to overcome morale issues first.

Juniper Networks Backs iStreamPlanet

Posted on: March 25, 2013 by asormaniNo Comments »

Juniper Networks has completed an investment in iStreamPlanet‘s Series A funding, which was led by Intel Capital. The investment will be funded by Juniper Networks’ Junos Innovation Fund. iStreamPlanet plans to use the proceeds from its financing to accelerate the development of its live video streaming solutions.

Intel Capital Invests in Brazilian Big Data

Posted on: March 19, 2013 by Alastair GoldfisherNo Comments »

In the past month, Intel Capital has announced two investments in Brazilian big data and analytics companies. The latest investment came today when Intel Capital announced it backed Geofusion, a Brazilian company providing “geomarketing” data analytics and intelligence to enterprise customers. The amount of the funding is undisclosed. The announcement follows an undisclosed investment it made a few weeks ago in WebRadar,

Sumeet Jain Joins Intel Capital From CMEA

Posted on: March 1, 2013 by Mark BosletNo Comments »

Sumeet Jain announced on his blog that he has joined Intel Capital as an investment director to focus on consumer Internet, mobile Web and software investments. He was previously a partner at CMEA Capital, joining the firm in 2008 and sitting on boards at Apriso, Blekko, Intermolecular, Luminate, WorkingPoint and Zarly.

Jobs of the Week: Credit Suisse, HarbourVest, Intel Capital and Riverside Partners

Posted on: February 27, 2013 by asormaniNo Comments »

A mixed bag of job vacancies this week including associate and senior associate positions, investment director and secondaries investment manager at some big name private equity fund managers.