Archive for the ‘Intel Capital’ Category

Apple Acquiring Anobit For $400-$500 Million [RUMOR]

Amit Chowdhry | December 13, 2011 | 851 views | 1 Comment
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Apple Inc. (NASDAQ:AAPL) is rumored to be acquiring Anobit, an Israeli fabless semiconductor company that specializes in flash storage for between $400 and $500 million. This would be Tim Cook’s first big acquisition since taking over as CEO. Apple also rarely buys hardware companies as they tend to focus more on software acquisitions.

Intel, MasterCard, and Motorola Mobility Invests $18 Million Into mFoundry

Amit Chowdhry | December 5, 2011 | 320 views | 1 Comment
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mFoundry is a company that powers the mobile banking solutions for over 500 banks and credit unions across the nation. The company has raised an $18 million round of funding from MasterCard, Intel Capital, Fidelity, and Motorola Mobility. mFoundry has raised a total of $40 million in funding.

Game Streaming Company Gaikai Raises $30 Million In Third Round

Amit Chowdhry | July 24, 2011 | 510 views | Add a Comment
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Game streaming startup company Gaikai has raised $30 million in a third round of funding. Games are stored in the cloud and is delivered through high-speed Internet connections when on demand.

Skyrockit Raises $2.6 Million From Intel and Others

Riley Kennysmith | July 12, 2011 | 379 views | Add a Comment
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Skyrockit, a mobile app developer, has raised $2.6 million in new funding. The investments come from Intel Capital, Asuka DBJ Partners and Mark Kingdon. The funds will help the company build new apps and advertise their existing ones, such as the Zippo Lighter for iPhones. TechCrunch reports that Skyrockit has generated more than $300 million in revenue.

CrowdStar Raises $23 Million In First Round Of Funding Led By Intel Capital and Time Warner

Amit Chowdhry | May 23, 2011 | 695 views | Add a Comment
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CrowdStar is a social gaming company that has just raised $23 million in a first round of funding led by Intel Capital and Time Warner Investments. CrowdStar will be using the funding to hire additional talent and globally expand.

Digital Textbook and Tablet Company Kno Inc. Raises $30 Million In Funding

Amit Chowdhry | April 11, 2011 | 803 views | Add a Comment
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Kno Inc. has raised $30 million in funding. The venture capital subsidiary of Intel Corporation (NASDAQ:INTC) led the round by investing $20 million. Other investors in this round include Andreessen Horowitz, Advance Publications Inc., First Round Capital, Floodgate Fund LP, and SV Angels. Kno was founded in 2009 and had raised $46 million in equity and debt financing this past September. Before this round, Kno raised a total of $65 million. Kno said that they will be charging $599 for single-screen tablets and $899 for a dual-screen version. [BusinessWeek]

Digital Chocolate Raises $12 Million In Series D

Amit Chowdhry | March 6, 2011 | 586 views | Add a Comment
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Digital Chocolate is a mobile and social gaming development company that has raised $12 million in Series D in a round led by Intel Capital. Sutter Hill Ventures and Bridgescale Partners also participated in this round. Digital Chocolate is one of the top 5 global game publishing companies on Facebook and they even hit over 100 million mobile downloads. They plan on using the funding to scale their platform.

Intel Acquires Silicon Hive

Amit Chowdhry | February 15, 2011 | 5,892 views | 1 Comment
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Intel Corporation (NASDAQ:INTC) has acquired Silicon Hive. Silicon Hive is an Intel Capital portfolio company that works on enhancing still imaging and multimedia video processing technology. Silicon Hive has about 65 people on staff across the world and is based in Eindhoven, The Netherlands. The company was co-founded by Atul Sinha and Jeroen Leijten.

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