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Articles about Intel Capital

Maxta scheme

Server SAN software upstart Maxta gets Intel's cash inside

Server SAN software startup Maxta has gained $25m in a B-round of funding led by Intel's investment arm and Tenaya Capital just as the software-defined and converged storage trends are taking off. The upstart swallowed $10m in an A-round in October last year. With converged compute/storage hardware-software competitors Nutanix …
Chris Mellor, 08 May 2014
Shenzhen downtown

Intel's Shenzhen cash-splash signals mobile push

Intel reaffirmed its commitment to China at IDF on Wednesday by announcing a new Shenzhen-based innovation centre and a $100 million fund both designed to promote and accelerate the development of Intel-based devices in the country. Chipzilla chose symbolically to host this year’s developer forum in the global manufacturing hub …
Phil Muncaster, 03 Apr 2014

How do you solve a problem like MariaDB? Give it $20m ... right, Intel?

MariaDB expert SkySQL has taken on $20m in filthy valley lucre to help it build a drop-in replacement database for Oracle's MySQL. The funding was announced on Tuesday and follows our story in September that revealed Google is shifting all of its internal MySQL instances over to the open-source MariaDB system due to political …
Jack Clark, 22 Oct 2013
Amplidata DeepStorage test

Amplidata: Could storage biz end up inside Intel?

Sources tell me of rumours surfacing at the GigaOM Structure conference in San Francisco last week claiming that Amplidata is looking for more funding - and more rumours abound of a possible acquisition by Intel. Amplidata sells an object storage product, AmpliStor, which is OEM'ed by Quantum as the Lattus component of its …
Chris Mellor, 26 Jun 2013

New Intel CEO Krzanich takes reins of core product groups

Newly minted Intel CEO Brian Krzanich has hit the ground running, having already begun a sweeping reorganization that reshuffles Chipzilla's leadership and sees the launch of a new mobile devices division. Reuters was first to report the shakeup on Tuesday, based on details of a leaked companywide email that an Intel spokesman …
Neil McAllister, 21 May 2013
Big Switch Networks logo

Intel stuffs more dough down Big Switch Network's trousers

Intel has come in late in the Series B round of funding for SDN upstart Big Switch Networks, and has crammed another $6.5m into its pockets. Why? Simple: Chipzilla's Intel Capital venture arm knows that its parent company is counting on the switching business to help keep its Data Center and Connected Systems Group growing …
Tangled magnetic tape

WD punts cash at ... no, it couldn't be... another 'tape library killer'?

WD Capital has invested $10m in object storage startup Amplidata and has put its HGST unit to work developing a set of high-capacity storage systems with Amplidata, using the latter's Himalaya software. El Reg storage desk believes the end game is intended as a tape library killer. Verizon is building a Himalaya-based cloud …
Chris Mellor, 09 Sep 2014
server room

Intel VC funds ultimate mobile device

Intel Capital has emerged as the first VC in the Valley to create a fund dedicated to accelerating technology in the automotive industry. The US$100 million investment fund, Intel Capital Connected Car Fund, aims to back innovation and the adoption of new technology and services in the automotive industry. The fund will be …
Broke - empty pockets

Miserly investors toss $11m at storage upstart Amplidata

Is this thin investment provisioning in action? Object storage startup Amplidata has had $11m chucked at it to grow the business – a relatively trifling amount. Amplidata develops and sells the AmpliStor object storage product, which is OEMed as Lattus by Quantum. It uses a component of its StorNext multi-tier file …
Chris Mellor, 24 Mar 2014
The Register breaking news

Intel spreads $40 million investment love to 10 companies

Intel Capital has announced $40m worth of investment in 10 companies headquartered from Silicon Valley to Shanghai. "The globe is our oyster," Intel Capital president Arvind Sodhani said in a webcast from his investment group's 13th annual Global Summit in Huntington Beach, California, where the announcements were made. From …
Rik Myslewski, 02 Oct 2012
The Register breaking news

Intel unveils $100m plan to juice AppUp Center devs

Intel Capital has unveiled a new $100m AppUp Fund to jumpstart companies developing content for its online Intel AppUp Center store, which is currently limited to software running on Windows XP, Windows 7, and MeeGo devices based on the Atom processor. "The Intel Capital AppUp Fund will help encourage the creation of companies …
Rik Myslewski, 15 Nov 2011
Google_Hummingbird

Google Ventures opens new fund in London

For schoolkids, being labelled disruptive was a sure fire sign that teacher didn't like you. But when Google uses that word about your business, it's time to start thinking about buying that yacht. Now the Chocolate Factory has announced a new investment fund based in London which is dedicated to rooting out Europe's most " …
Jasper Hamill, 10 Jul 2014
The Register breaking news

SweetLabs gets sugar from Intel

Software developer start-up SweetLabs Inc has scored $US13 million in Series C funding led by Intel Capital. The new funding will be mainly used to grow its Pokki desktop app developer platform. However the company will continue to expand the OpenCandy advertising network, which shows ads for other downloadable programs while …
The Register breaking news

Intel kicks dough to cloud, analytics startups

Intel Capital, the investment arm of the supplier of chips for most of the world's PCs and servers, is spreading around some of its vast wealth once again, trying to seed the applications that will ultimately drive its processor, chipset, and networking businesses. The latest batch of dough that Intel Capital is investing in …
The Register breaking news

World Bank, Intel pump dosh into developing world's IT

Intel is teaming up with the World Bank to work on joint IT investments in developing countries. The World Bank's private-sector lender – the International Finance Corporation – and Intel Capital – Intel's global investment organisation – will be handing out cash together "to accelerate innovation and nurture entrepreneurship in …
SGI logo hardware close-up

Intel swoops for Korean face recog start-up - reports

Intel has reportedly swooped for Korean face recognition firm Olaworks in a 35 billion won (£19.3m) deal which could be useful for the chip giant in its continuing efforts to break into the smartphone space with its Medfield platform. Although Intel told The Reg it refuses to comment on speculation, The Korea Herald claimed it …
Phil Muncaster, 19 Apr 2012

Early verdict on Intel Ultrabook™ push: FAIL

Intel's much-ballyhooed ultrabook effort is not working out quite as well as Chipzilla had hoped, with global sales of the thin and light laptops falling well behind expectations. "The volume isn't there and it's going to be way below what Intel had hoped for," IDC analyst Jay Chou told CNET on Wednesday. Intel's vision of the …
Rik Myslewski, 12 Jul 2012
The Register breaking news

Dell, Intel and pal pump $10m into OpenStack biz Mirantis

Michael Dell’s computer giant, Intel and WestSummit have joined forces to inject a new open-source cloud vendor with $10m so that the startup can develop and sell its delayed OpenStack public cloud. The investment arms of the three tech giants - Dell Ventures, Intel Capital and China-based WestSummit Capital - awarded the cash …
Gavin Clarke, 10 Jan 2013
Roger Bamford

Oracle cluster daddy jumps ship to NoSQL upstart MongoDB

Roger Bamford, a pioneering database engineer who spent 30 years at SQL stalwart Oracle, has jumped over to the NoSQL side and landed in a new job at MongoDB. Bamford joins the seven-year-old startup with the title of distinguished engineer and will be part of the senior engineering team that develops the MongoDB database. " …
Neil McAllister, 30 Jul 2014
PAS16 enclosure

Panasas: Avoid lengthy RAID re-builds - use our dodgy-file tart-up tech

Storage biz Panasas has unveiled boosted hardware and software – and attacked the RAID rebuild problem by rebuilding damaged files instead of complete disks. The company is an HPC storage system supplier which is moving into technical computing/big data use cases in enterprises. It has more than 450 customers in 50+ countries …
Chris Mellor, 12 Jun 2014

Nixed Nirvanix files for Chapter 11

Cloud storage startup Nirvanix that imploded last month, has formally admitted business defeat by filing for Chapter 11 bankruptcy. It announced the fact on its website on October 1, saying: On October 1, 2013, Nirvanix voluntarily sought Chapter 11 bankruptcy protection in order to pursue all alternatives to maximize value for …
Chris Mellor, 02 Oct 2013
hands waving dollar bills in the air

ACID-friendly FoundationDB joins NoSQL millionaires club

FoundationDB, the database startup cooking an ACID*-compliant NoSQL, has caught the eye of investors. The company announced today that it had landed a first round of VC funding, $17m in Series A, from investors Sutter Hill and CrunchFund. The money will be used to fund expansion in sales and marketing, engineering and support …
Gavin Clarke, 13 Nov 2013
VMware Zimbra logo

VMware waves goodbye to Zimbra

VMware has offloaded Zimbra less than four years after buying the email-cum-collabware business unit from Yahoo! Terms are undisclosed. The buyer is Telligent, a developer of enterprise social software. It will merge its software into Zimbra, and the goal is to deliver a "unified social collaboration suite designed for the post- …
Drew Cullen, 15 Jul 2013
arrow pointing up

Intel dangles $300m bait in 'ultrabook' partner hunt

Intel's investment arm has created a $300m fund to support the adoption of the slim, always-on, always-connected laptop platform it calls the ultrabook – or now, with the protection of the US Patent and Trademark office, the Ultrabook™. "The Intel Capital Ultrabook Fund aims to invest in companies building hardware and software …
Rik Myslewski, 11 Aug 2011
The Register breaking news

Intel invests in 'personal robot' future

Intel Capital has made its first-ever investment in robotics, becoming the lead investor in a $13m funding round for Aldebaran Robotics, a Paris-based designer of humanoid robots. "This investment from Intel Capital enables Aldebaran to become a key player in this nascent industry," Aldebaran founder and CEO Bruno Maisonnier …
Rik Myslewski, 09 Jun 2011
DVD it in many colours

Intel buys Silicon Hive for SoC smarts

Intel continues to build up its capabilities in software in general and in parallel processing in particular, as it announced today it has acquired Silicon Hive. Silicon Hive was founded in 2003 and is headquartered in Eindhoven, the Netherlands. The company incubated by Philips Electronics to develop compiler and other parallel …

MongoDB slurps $150m in mammoth funding round

Database upstart MongoDB has slurped $150m of filthy valley lucre to fund development of the NoSQL database in a sector dominated by the lumbering giants of Oracle, IBM, and Microsoft. The huge funding round was announced on Friday. Salesforce*, EMC and Altimeter Capital participated, along with existing investors Intel Capital …
Jack Clark, 04 Oct 2013

HyTrust pockets more dough, ready to expand virty platform coverage

A month ago, HyTrust, a maker of policy management and access control software for VMware virtual infrastructure, pocketed $12m in its third round of venture funding, with VMware and CIA sugar daddy In-Q-Tel both stuffing the company's pockets. But others wanted to get in on the action, so HyTrust decide to take the money and …
server room

Intel samples 'Medfield' next-gen phone chip

Intel has announced that its "next-generation phone chip", code-named Medfield, is now sampling to customers, with production scheduled for later this year. The company is undoubtedly hoping that the proverbial third time will be the proverbial charm, seeing as how Medfield's two low-power mobile predecessors, Menlow and …
Rik Myslewski, 14 Feb 2011

Cisco gobbles cloud power meter biz JouleX for $107m

The cash-laden and ever-acquisitive Cisco Systems is at it again, and has snapped up JouleX, which has created a set of cloudy software tools to monitor and manage power consumption in the data center. Cisco is shelling out $107m to acquire JouleX, and said in a statement that this price included cash and retention-based …
The Register breaking news

Web advert giant (Google) crams cash into Glass eyeball-chip brainiacs

Google has snaffled a 6.3 per cent share of chip designer Himax Display to supply components for its wearable Glass computer. The advertising giant's investment will give the Taiwanese biz enough cash to ramp up production of liquid crystal on silicon chips (LCOS), which will be vital in the building of head-mounted displays. …
Jasper Hamill, 22 Jul 2013
Broken CD with wrench

Intel promises '20X' power reduction with 'Haswell' chips

Intel claims that platforms built around its Haswell microarchitecture – the successor to the today's Sandy Bridge, scheduled for 2013 – will use one-twentieth the power of today's stingiest low-power platforms. "Haswell was designed to enable a 30 per cent reduction in connected standby power over the currently shipping …
Rik Myslewski, 13 Sep 2011

Microsoft's $15m won't last forever: Quantum, CommVault to flog new backup kit

Quantum is still chewing on its $15m royalty payout from Microsoft, but that was a one-off, and it needs to make plans if it doesn't wish to go hungry again. To that end, the storage firm is adding a dash of Simpana software to boost the growth of its Lattus object storage business. It has also introduced a new virtual …
Chris Mellor, 28 Aug 2013
The Register breaking news

Intel and VC friends kick cash to IT startups

Intel is spreading some of its cash around to help prop up a number of companies that will help it take on its foes in the data center and on the desktop. The company's Intel Capital venture funding unit today announced that it has filled the coffers of four small companies hoping to make a big impact in IT with over $30m. Most …

Lenovo to ship all new PCs with Start Menu replacement

You wanted the Start menu back in Windows 8.1. Microsoft listened ... and didn't give it to you. Now Lenovo says that if a Start Menu is what it will take to get you to start buying Windows 8 PCs, then by gum, a Start Menu you shall have. By now, everyone should be aware that the Start icon that's coming to the Windows 8.1 …
Neil McAllister, 22 Aug 2013

Dell slurps BYOD protector firm

Dell is buying BYOD and end-point data protection specialist Credant Technologies for an undisclosed sum, but we make a stab at calculating it below. Privately held Credant was founded in 2001 in Addison, near Dallas, Texas - not too far away from Dell near Austin, and has offices elsewhere in the USA, the UK, and Sydney, …
Chris Mellor, 20 Dec 2012
The Register breaking news

Intel, Google, Facebook back Obama startup love

Intel, IBM, HP, Google, and Facebook are putting their money where the mouths are in support of the Obama administration's new business-boosting initiative, the Startup America Partnership. Well, some are giving more mouth than money. "Entrepreneurs embody the promise of America: the idea that if you have a good idea and are …
Rik Myslewski, 01 Feb 2011
The Register breaking news

Intel sees little trouble in big China

What does Intel's investment arm look like waving off the current economic gloom? A bit like it does when making new "cleantech" investments in China, laying down $20m funding for the solar energy kit provider, Trony Solar Holdings. In fact, Intel Capital seems to plan on spending its way out of the financial meltdown. "The …
Austin Modine, 28 Oct 2008
The Register breaking news

IBM, Intel execs arrested over alleged insider trading

Update: An extensive update to this story can be found here Executives from IBM and Intel have been arrested amid allegations they were involved in an insider trading scam. According to a report from the Associated Press, six people were arrested today as part of an insider trading case, including Bob Moffat, senior vice …

Cloud storage biz, one careful owner, six years on the clock... any takers?

Cloud storage startup Nirvanix has imploded, with Brit-based partner Aorta Cloud reacting fast in prepping a takeover to continue services for Nirvanix's customers. All parties are hoping that this doesn't give customers the dreaded "cloud fear" and that Amazon, Google and Microsoft don't become the sole holy trinity of cloud …
Chris Mellor, 19 Sep 2013

Revolution weaves predictive analytics into Hortonworks Hadoop

Revolution Analytics, the commercializer of the open source R statistical analysis programming language with proprietary extensions that are closed source, has come up with a bunch of ways to integrate the Hadoop big data muncher with R. And it is testing the integration of its R Enterprise ScaleR predicative algorithms in …
Intel logo teaser

Jajah taps Intel for $15m

Intel Capital is the lead investor in a $20m funding round for Jajah, the internet telephony software firm. Intel is pumping in $15m to help Jajah in its goal to supplant Skype as the mass-market VoIP provider of choice, the company said today. Jajah uses PCs for internet phone calls - but only to set up the calls. It then …
Drew Cullen, 10 May 2007
fingers pointing at man

Intel eyes sun-powered data centers

Despite taking some major financial knocks in recent months, Intel is pushing ahead with its investments in solar technology. Intel: 'Carry on my wayward Sun' Chipzilla is now testing the potential of using solar energy to help power data centers, unveiling a new experimental photovoltaic installation this weekend in New …
Austin Modine, 20 Jan 2009
globalisation

Intel to build Atomized Linux fortress in Taiwan

Intel has recruited the Taiwanese government for its project to put a Linux stack on the Atom processor. The chip maker announced today that it's partnering with Taiwan's Ministery of Economic Affairs (MOEA) to establish a "Moblin Enabling Center" to drum up developer support and interest. Its investment arm is also sinking …
Austin Modine, 30 Oct 2008

Intel bets millions on speedy DNA sequencing chips

Intel is among several investors pumping $100m into a biotech start-up that wants to make mapping an individual's genome as routine as taking an X-ray. Pacific Biosciences of Menlo Park, California anticipates that by 2013 it will be able to sell a DNA sequencer that can tackle a person's entire hereditary information in as …
Austin Modine, 15 Jul 2008
hands waving dollar bills in the air

DiData buys itself a hunk of cloud

Dimension Data, the South African services giant, has bought a US-based enterprise cloud hosting and storage company called OpSource. The company is creating a central Cloud Solutions Business Unit to house OpSource. It will report directly to chief executive Brett Dawson. OpSource has 150 staff. It is headquartered in Santa …
John Oates, 01 Jul 2011

Ultrabook sales 'falling short of targets'

Those slim, svelte, sexy ultrabooks that Intel has been flogging may be having a hard time finding buyers due to their relatively high prices. So say sources speaking with the Taiwanese market-watchers at DigiTimes, which reported on Monday that both Acer and Asustek, which had expected to sell between 200,000 and 300,000 of the …
Rik Myslewski, 31 Oct 2011
channel

Intel targets SMEs with Web 2.0 software

Intel is collaborating with several software companies to launch SuiteTwo, an integrated package of Web 2.0 software aimed at small and medium enterprises. The SuiteTwo package, launched yesterday, will include software from NewsGator, SimpleFeed, Six Apart and Socialtext. These small software companies provide applications for …
The Register breaking news

Joyent rakes in $85m to build out SmartOS clouds

Joyent has built a sophisticated infrastructure cloud founded on the open-source Solaris environment with the hopes of taking on Amazon's EC2 – and now it has a big pile of cash with which to globalize that cloud. Joyent, which was founded in 2004 by David Young, the company's CEO, and Jason Hoffman, the company's CTO, and …
Stratus Technologies logo

Stratus runs Marathon after high-availability server rival gobble

Stratus Technologies, the maker of high-availability software and fault-tolerant servers, has snapped up rival Marathon Technologies for an undisclosed amount. The purchase locks up a niche market and keeps Marathon's wares out of the hands of larger rivals, which might have otherwise grabbed it to bolster their server or …