Tag Archives: Intel Capital
People Search Engine Ark Raises $4.2 Million In Seed Round
Ark is a people search engine launched at Y Combinator Demo Day that has raised $4.2 million in a seed round of funding. Ark crawls Facebook, RenRen, LinkedIn, and Twitter to find out as much data as possible. The founders at Ark got the idea for the startup when they found out that 30% of searches are for people.
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Apple Acquiring Anobit For $400-$500 Million [RUMOR]
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.
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Intel, MasterCard, and Motorola Mobility Invests $18 Million Into mFoundry
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.
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Game Streaming Company Gaikai Raises $30 Million In Third Round
Skyrockit Raises $2.6 Million From Intel and Others
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.
Categories Asuka DBJ Partners, Intel Capital, Mark Kingdon, skyrockit
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CrowdStar Raises $23 Million In First Round Of Funding Led By Intel Capital and Time Warner
Digital Textbook and Tablet Company Kno Inc. Raises $30 Million In Funding
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
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
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.
Categories Atul Sinha, Intel, Intel Capital, Jeroen Leijten, Silicon Hive
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Intel Capital Invests $26 Million In Borqs, Cloudmade, InVisage, Kaltura, SecureKey, and VisionOSS
Intel Capital has invested $26 million into six companies. The companies include:
1. Borqs: A location based mapping platform company that develops and promotes mobile operating systems. They are also active members in the Google/Open Handset Alliance as well as the Symbian Foundation.
2. Cloudmade: Cloudmade allows people to create applications with map tiles, turn-by-turn navigation, and in-app advertising. About 16,000 developers use CloudMade to create applications.
3. Kaltura: Kaltura is an open source online video platform that is used by about 100,000 people and businesses. Intel is investing with participation from Nexus Venture Partners, .406 Ventures, Avalon Ventures, and Silicon Valley Bank.
4. InVisage Technologies: InVisage is a company that develops commercial mobile technology materials for image sensors. The material captures light which allows handheld devices to take high-resolution images.
5. SecureKey Technologies: SecureKey is a company designs hardware and software encrypting debit, credit, and identity card data specifically for Near Field Communication phones.
6. VisionOSS Solutions: VisionOSS makes communications and collaboration software IP-PBX and UC&C architectures.