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.


Intel leads $20 mln round for Brit + Co

Brit + Co said Tuesday it raised $20 million in Series B funding led by Intel Capital with additional participation from DMGT, Liberty Media, Oak Capital and select angels including Jim Fielding. Brit + Co said it also acquired Snapguide, a free iOS app and web service that allows users to create and share step-by-step “how-to guides”. Brit + Co is an e-commerce and online media startup.


Reporter’s notebook: Thoughts on venture’s diversity gap

Venture capital has been wringing its hands for several years about the lack of diversity in its investment ranks. Intel Capital’s announcement today of a $125 million Diversity Fund offers a positive approach. But it is a small step in a bigger campaign.


Intel Capital unveils $125 mln Diversity Fund to support women and minority entrepreneurs

Intel Capital unveiled a $125 million Diversity Fund on Tuesday with the goal of investing more capital in companies run by women and under-represented minorities. The fund dovetails with Intel’s broader Diversity in Technology Initiative aimed at increasing the diversity of its workforce. Already it has made investments in four companies: Brit + Co, CareCloud, Mark One, and Venafi.


Mayfield leads funding of Arcadia Data

San Mateo, Calif.-based Arcadia Data has come out of stealth and announced its has raised $11.5 million in Series A funding led by the Mayfield Fund. Blumberg Capital and Intel Capital also invested in the company, which provides a business intelligence platform for big data.


VC-backed Sprinklr buys NewBrand

Sprinklr has acquired NewBrand, a provider of location-specific text analytics software. No financial terms were disclosed. Sprinklr’s backers include Battery Ventures, Intel Capital and Iconiq Capital.


Dell and Intel Capital back DocuSign

Dell and Intel Capital have made undisclosed investments in DocuSign, bringing its Series F funding to more than $278 million. Based in San Francisco, DocuSign is an electronic signature company.


EMC to buy Virtustream for $1.2 bln

EMC Corp. said Tuesday it has agreed to buy Virtustream for $1.2 billion. The boards of both EMC and Virtustream have approved the deal. Washington D.C.-based Virtustream provides cloud software and services to enterprise customers. Virtustream has raised funding from investors including SAP, Intel Capital, Noro-Moseley Partners, TDFunds, Columbia Capital and Blue Lagoon Capital.


Big data startup Maana launches with over $14 mln

Palo Alto, California and Bellevue, Washington-based big data startup Maana has launched with over $14 million in funding. The company’s backers are Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures and Intel Capital.


Coho Data rallies $30 mln

Palo Alto, California-based Coho Data, a web-scale storage provider for companies, has raised $30 million in Series C funding. March Capital Partners led the round with participation from Hewlett Packard Ventures, Intel Capital, Andreessen Horowitz and Ignition Partners.


Peloton Technology nabs $16 mln Series A

Peloton Technology, a vehicle systems maker that provides advanced safety, fuel savings and analytics to trucking fleets, has raised $16 million in Series A funding. DENSO International America and Intel Capital led the round with participation from other investors that included Magna International, Castrol innoVentures, Volvo Group Venture Capital and UPS Strategic Enterprise Fund.

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