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Intel Capital and Greycroft Partners Back Fortumo

Posted on: February 21, 2013 by asormaniNo Comments »

Fortumo, a mobile payments company with offices in Estonia, San Francisco and Beijing, has secured Intel Capital and Greycroft Partners as new investors in a growth round of financing. Prior to the funding, Fortumo has been majority-owned by Mobi Solutions, an Estonian mobile solutions company, which will remain a shareholder.

InVisage Raises Series D From GGV, Nokia, RockPort, InterWest, Intel, OnPoint

Posted on: February 13, 2013 by Mark BosletNo Comments »

InVisage Technologies, Inc. said it raised a Series D round led by GGV Capital and joined by Nokia Growth Partners along with existing investors RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies. The company did not release the size of the round.

Storenvy Raises $5m

Posted on: February 13, 2013 by asormaniNo Comments »

Storenvy has secured a $5 million Series A funding to fuel the growth of its social commerce platform. The round was led by Intel Capital and Spark Capital with participation by First Round Capital.

Big Switch Networks Adds Intel Capital As An Investor

Posted on: February 8, 2013 by Mark BosletNo Comments »

Big Switch Networks said that Intel Capital has joined the company’s Series B funding, bringing the total raised to date to over $45 million. Big Switch investors include Goldman Sachs, Index Ventures, Khosla Ventures and Redpoint Ventures. The company initially announced a Series B of $25 million in October with Redpoint leading the deal. It raised a Series A round of $14 million in 2011.

Latin American Fundraising Slips In 2012 But Investment Pace Continues

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

The Latin American Private Equity & Venture Capital Association is still compiling figures for 2012. But Executive Director Cate Ambrose said during a Silicon Valley appearance this week that fundraising is likely to be down significantly from 2011.

Guavus Acquires Neuralitic Systems

Posted on: January 24, 2013 by asormaniNo Comments »

Guavus, a provider of big data analytics solutions, has acquired Neuralitic Systems, a mobile data monetization and marketing analytics experts serving the telecommunications industry. Guavus is backed by Investor Growth Capital, QuestMark Partners and previous investors Artiman Ventures, Sofinnova Ventures and Intel Capital.

Apperian Gets Intel Capital Backing

Posted on: January 24, 2013 by asormaniNo Comments »

Enterprise mobile application management business Apperian has received a strategic investment from Intel Capital, Intel’s global investment and M&A organization. The additional capital will build on previous investments Bessemer Venture Partners, Kleiner Perkins Caufield & Byers and North Bridge Venture Partners and brings Apperian’s total funding to date to $28 million.

YuMe Acquires Crowd Science

Posted on: January 16, 2013 by asormaniNo Comments »

YuMe, a provider of digital brand advertising software and services, has acquired Crowd Science, an audience targeting technology company. YuMe is backed by Accel Partners, BV Capital, DAG Ventures, Intel Capital, Khosla Ventures, Menlo Ventures, Samsung Ventures, Translink Capital and WestSummit Capital.

Persimmon Closes Series B Funding with Intel Capital Investment

Posted on: January 15, 2013 by asormaniNo Comments »

Persimmon Technologies Corporation, a provider of vacuum robotics and Hybrid-Field Motor Technology for the semiconductor, LED, FPD and solar equipment markets, has closed a $5.8 million Series B funding round. Intel Capital and The Bernard M. Gordon Charitable Remainder Trust join Nidec Sankyo as major equity holders in the company. The company also added two industry veterans as individual investors.

Mirantis Raises $10M From Intel, Dell, WestSummit

Posted on: January 10, 2013 by Mark BosletNo Comments »

Mirantis said it raised $10 million of growth capital from Dell Ventures, Intel Capital and WestSummit Capital. WestSummit Capital is a China-based growth stage investor.