Cabot Microelectronics Corp to acquire VC-backed NexPlanar Corp

By Iris Dorbian — 5 months ago

Cabot Microelectronics Corp has agreed to buy NexPlanar Corp for about $142 million. The deal is expected to close within 30 to 45 days. Based in Hillsboro, Oregon, NexPlanar is a maker of advanced CMP pad solutions for the semiconductor sector. NextPlanar’s backers included BlueRun Ventures, Intel Capital, SmartForest Ventures, Finaventures and Interwest Partners.

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Arrayent pulls in $11 mln

By Iris Dorbian — 5 months ago

Arrayent, which helps brands provide connected products, has raised $11 million in funding. The investors included DCM Ventures, Intel Capital, Opus Capital and Comerica Bank.

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Intel Capital leads $20 mln funding of big data provider WebAction

By Alastair Goldfisher — 5 months ago

Palo Alto, Calif.-based WebAction, a provider of a data integration platform, has raised $20 million in Series B round of  funding led by Intel Capital. Joining the round are existing investors Summit Partners, Panorama Point Partners, as well as individuals Frank Caufield and Regis McKenna. As part of the funding, Igor Taber, investment director at Intel Capital, has joined the board. The company previously raised an $11 million Series A round led by Summit.

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Peloton Technology raises $17 mln

By Luisa Beltran — 5 months ago

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.

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BlueData scores $20 mln Series C

By Iris Dorbian — 6 months ago

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.

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Mirantis grabs $100 mln in Intel Capital-led round

By Iris Dorbian — 6 months ago

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.

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Lian Luo leads $24 mln Series B funding in Avegant

By Chris Witkowsky — 6 months ago

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.

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VC-backed Schoology expands leadership team with new appointments

By Iris Dorbian — 6 months ago

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.

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CashStar nabs $15 mln in FTV Capital-led round

By Iris Dorbian — 6 months ago

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.

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

By Iris Dorbian — 6 months ago

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.

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Occipital nabs $13 mln Series B

By Iris Dorbian — 7 months ago

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.

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