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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

Translation platform Gengo attracts $5.4 mln

Tokyo-based translation platform Gengo has raised $5.4 million in Series C funding. Recruit Holdings led the round with participation from SBI Investments, Mitsubishi UFJ Capital, CrowdWorks, Allied Architects, Libertad K.K., Intel Capital, Iris Capital Management and STC Ventures Fund Company.

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Index Ventures leads $30 mln funding in Skyport Systems

Index Ventures has led a $30 million Series B funding round in Skyport Systems Inc, a cyber security company. Other participants in the funding include Intel Capital and existing investor Sutter Hill Ventures. Skyport has raised a total of $37 million to date.

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Sprinklr racks up $46 mln

New York City-based social media management platform Sprinklr has secured $46 million in funding. Previous backers Battery Ventures, Intel Capital and Iconiq Capital were the lead investors.

SKULLY helmet
570 Views

Smart motorcycle helmet maker SKULLY raises $11 mln

SKULLY, which makes a motorcycle helmet featuring a heads-up display, rear-facing camera and GPS, announced it has raised an $11 million Series A round. The funding was led by Walden Riverwood Ventures and Intel Capital and also included Formation 8, Techstars, Eastlink Capital and Western Technology Investments. As part of the round, Nicholas Brathwaite, partner of Walden Riverwood Ventures, has joined the board.

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ScienceLogic picks up $43 mln in Goldman Sachs-led round

Goldman Sachs has led a $43 million Series D funding round for ScienceLogic. The company’s previous backers New Enterprise Associates and Intel Capital also participated in the round. Headquartered in Reston, Virginia, ScienceLogic is a provider of IT monitoring software.

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VC-backed BlueData names marketing VP

Mountain View, California-based big data firm BlueData has hired Schroedl as vice president of marketing. Previously, Schroedl worked at Cisco Systems, where he served as director of product and solutions marketing for the cloud computing and data center software business. BlueData is backed by Ignition Partners, Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective.

Dominguez, ex-Cisco Systems senior exec, joins Sprinklr

Carlos Dominguez has joined Sprinklr as the company’s president and chief operating officer. Dominguez will guide Sprinklr’s strategic direction and oversee business operations for the company. Dominguez spent 22 years at Cisco Systems where he most recently served as a technology evangelist and representative for the chairman and CEO. New York-based Sprinklr, a provider of social media management software, raised $40 million in Series D funding last year from investors ICONIQ Capital, Battery Ventures and Intel Capital.

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