Intel Capital backs Almalence

Intel Capital has made an undisclosed investment in Almalence Inc. Headquartered in Austin, Texas, Almalence is a provider of computational imaging technologies.


Peloton Technology raises $17 mln

Peloton Technology has raised a $17 million investment round. Lockheed Martin, DENSO International America and Intel Capital participated in the round. Mountain View, California-based Peloton Technology is a vehicle automation company.


BlueData scores $20 mln Series C

Mountain View, California-based big data company BlueData has raised $20 million in Series C funding. Intel Capital led the round with participation from other investors that included Amplify Partners, Atlantic Bridge and Ignition Partners. In addition to the funding, Intel’s Doug Fisher has been added to BlueData’s board of directors.


Mirantis grabs $100 mln in Intel Capital-led round

Intel Capital has led an $100 million funding round for Mountain View, California-based software solutions provider Mirantis. Other investors were Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and WestSummit Capital.

Lian Luo leads $24 mln Series B funding in Avegant

Lian Luo, a Chinese mobile internet products provider, led a $24 million Series B funding round in Avegant, which makes virtual reality headsets. Existing investors Intel Capital and NHN Investment participated in the funding, along with The Bunting Family Fund, a new investor. Avegant expects to ship its first Glyph personal media player product by the end of 2015.


VC-backed Schoology expands leadership team with new appointments

New York City-based educational tech company Schoology has named Norman Weissberg as chief revenue officer, Melton Littlepage as chief marketing officer and Michael Brinkman as chief technology officer. Prior to joining Schoology, Weissberg worked at Vocus, Littlepage was at Concur and Brinkman worked at Spredfast. Schoology’s backers include Intel Capital, Great Oaks Venture Capital, Great Road Holdings, FirstMark Capital and Meakem Becker Venture Capital.


CashStar nabs $15 mln in FTV Capital-led round

Portland, Maine-based CashStar, a prepaid commerce solutions provider, has raised $15 million in Series D funding. FTV Capital led the round with participation from other investors Mosaik Partners, Passport Capital, Intel Capital and North Hill Ventures.


Intel Capital to provide up to $100K each for eight edtech startups

Intel Capital has selected eight educational tech startups to participate in its education accelerator. Each startup will receive up to $100,000 each from Intel Capital. Among the companies selected for the program beginning on Monday are Woodside, California-based BeeLine, a digital reading tools provider and Denmark-based WriteReader, a literacy learning platform.


Occipital nabs $13 mln Series B

San Francisco and Boulder, Colorado-based Occipital Inc, a developer of the Structure Sensor and SDK, has raised $13 million in Series B funding. The investors included Intel Capital, Shea Ventures, Grishin Robotics and Foundry Group.


Intel Capital, Liberty Israel Venture lead $9 mln funding in TrapX Security

Intel Capital and Liberty Israel Venture Fund have led a $9 million Series B funding round in TrapX Security, a cyber security business. Existing investors BRM Group and Opus Capital also participated in the funding round. TrapX raised $5 million in Series A funding last year led by co-founders Yuval Malachi, CTO, and Moshe Ben-Simon, vice president of services and research.

Arvind Sodhani, President, Intel Capital

Sodhani to leave Intel Capital

Intel Capital President Arvind Sodhani will retire in January, ending a 34-year career with parent company Intel, including 10 years at the chipmaker’s venture investing arm, Intel said Thursday.

NextInput raises $1.5 mln

NextInput said Wednesday that it raised $1.5 million. Investors include Intel Capital, Takata Holdings, Steve Nasiri and the Band of Angels, a Bay Area investment group. Atlanta-based NextInput has developed MEMS-based force-sensing solutions for touch enabled devices.


Venafi fetches $39 mln

Cyber security firm Venafi has secured $39 million in funding. QuestMark Partners led the round with participation from other investors that included Intel Capital and Silver Lake Waterman.


Onefinestay scores $40 mln Series D

Luxury home hospitality business onefinestay has closed $40 million in Series D funding. The investors included Intel Capital, Quadrant Capital Advisors, Index Ventures and Canaan Partners. Also, the company has made a number of appointments, among them are Tom Singer as chief financial officer, Nick Ruotolo as chief commercial officer and Petros Demetriades as chief technology officer.


Jelli scoops up $21 mln in funding

Jelli, a San Mateo, Calif.-based provider of an ad platform for the radio industry, announced it has raised a $21 million Series B round of funding from Relay Ventures, Intel Capital, First Round Capital, iHeartMedia and Universal Music Group.


Rueckert joins Sorenson Capital

Sorenson Capital said Monday that Rob Rueckert has joined the private equity firm to expand its technology practice. Rueckert was formerly an MD at Intel Capital.

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