Articles about Intel Capital

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F-me! Couchbase yoinks $30m in yet another fundraising round

Open-source NoSQL database purveyor Couchbase has raised $30m in a series-F funding round. Nestled in the heart of Silicon Valley, the Mountain View firm was formed from the merger of Membase and CouchOne. Since its series-B funding round Couchbase has continued to approach VCs with a begging bowl, bringing in $14m in a series …
Business people move through revolving door. Photo via Shutterstock

All is not well on Mount Panasas: Five execs eject amid refocus

Exclusive Panasas – the privately owned hybrid scale-out NAS appliance supplier – has suffered exec exits and is refocussing, but so far won't say what its new strategy is. We contacted the firm after hearing rumors from a senior industry source about IP sales, but it was unable to respond until February 4. We did pick up hints of some …
Chris Mellor, 03 Feb 2016
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MariaDB hires new CEO with code daddy Monty in as CTO

MariaDB has welcomed Michael Howard as its new CEO. MySQL giant Michael "Monty" Widenius has also been appointed as CTO. The appointments have been announced today, alongside a $9m equity financing bundle from Intel Capital and California Technology Ventures, among others. Howard is a Berkeley graduate who has worked at …
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Biggest problem with virtual reality: It can be a little too real for people

ICGS The biggest brake now on virtual reality isn't the hardware or the software, but the wetware, a panel of experts told the Intel Capital Global Summit this week. All the panelists agreed that 2016 will be the year virtual reality takes off, thanks to a combination of affordable hardware from the likes of Oculus and software …
Iain Thomson, 04 Nov 2015

You're right to fear a second dot-com crash, says Intel VC boss

ICGS Fears of another technology startup bubble bursting are "legitimate," says the outgoing head of Intel's venture capital arm. As a result, the chip biz is playing it safe in "overheated sectors" of the market, and looking overseas for the next big thing. It's not widely known but Intel Capital is one of the largest venture …
Iain Thomson, 04 Nov 2015
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Intel puts cash behind Wi-Fi-first smartmobes

Chipzilla's mobile phone silicon is so popular it's taken the step of funding a network operator to buy a custom-made smartphone based on its SoFIA chipset. Nobody's talking how much money FreedomPop is getting from Intel Capital, but it will be enough to create a “Wi-Fi optimised” smartphone that will switch to cellular …
Intel's Kirk Skaugen at IDF 2014

PC sales will rise again, predicts Intel, but tablets are toast

ICGS The last few years haven't been good for the PC market as the old upgrade cycle died and buyers piled into tablets and smartphones. But Intel is convinced the PC will rise again, thanks to new hardware and form factors. "I honestly feel this is a once in a decade moment," enthused Kirk Skaugen, GM of Intel's client computing …
Iain Thomson, 03 Nov 2015
server room

Snap out of the snapshot habit, says mutant upstart Reduxio

Surprise! Freshly uncloaked hybrid flash/disk array startup Reduxio says backup snapshots are a problem and its BackDating technology solves that problem. Admit it; you are surprised, aren't you? Reduxio is an Israeli startup, in the sense that its research and development is based there, although it is headquartered in …
Chris Mellor, 01 Sep 2015

Startup BlueData in the green after pocketing millions from Intel et al

Big data startup BlueData has to get bigger pockets; it’s just trousered $20m in C-round funding from Intel Capital, existing investors and a secret strategic investor. That takes total funding to a modest far-from-unicorn-status $38m and the cash will be used to “accelerate our momentum in the Big Data market.” The company …
Chris Mellor, 28 Aug 2015
US cashpoint. Pic: Tax Credits

Open sourcerer Mirantis taps up Intel for $100m worth of funding

Chipzilla Intel has led a funding injection of $100m (£64m) into open source cloudy operating system Mirantis, part of its move into the world of OpenStack. The deal is apparently part of Intel’s recent announcement intended to create "tens of thousands of new clouds". Mirantis has so far raised $220m, having previously …
Kat Hall, 24 Aug 2015
Atmospheric snap of vultures silhouetted against a sunset on a wooden structure on the shore of a lake. (C) Jerry Rogers

Diving for pearls of data just got easier, thanks to EMC/Hadoop deal

Customers can now buy Cloudera Hadoop from EMC to run on their Isilon arrays, diving into data lakes for those pearls of insight; essentially running on Isilon's scale-out NAS boxes (with their native HDFS support), rather than building a separate Hadoop storage silo using cheapo DIY nodes. Hadoop-distributing Cloudera is the …
Chris Mellor, 04 Aug 2015

Intel 80386 queen Renée James quits as chipmaker's president

Intel president Renée James is leaving the silicon giant to become chief exec of another firm as part of a set of leadership changes announced by Intel CEO Brian Krzanich on Thursday. "When Brian and I were appointed to our current roles, I knew then that being the leader of a company was something that I desired as part of my …
Neil McAllister, 02 Jul 2015
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Coho Data spawns all-flash MicroArray with fresh funding help

Storage service array startup Coho Data has nearly doubled its funding and got itself a new product to boot. A nice thirty million dollars has been injected into the company in a C-round led by March Capital Partners, along with Intel Capital, HP, Andreessen Horowitz and Ignition Partners. It's interesting that both Intel and HP …
Chris Mellor, 21 May 2015
Cloudian

Search engine guru sniffs cloud, makes it rain in Amazon jungle

Harmsel biz blog Though relatively unknown in the US and Europe, Cloudian – with its product HyperStore that allows enterprises and cloud service providers to build their own Amazon S3-compatible cloud – has 40 large customers worldwide including Vodafone, Nextel, NTT, SoftBank, Nifty, and Lunacloud. The firm claims HyperStore helps customers …
Merlin Data Center Power Room

Hyperconverged upstart Stratoscale raises $32m

Data centre software startup Stratocale has raised a further $32m in funding as part of a bid to take on the storage and virtualisation markets. The Israeli company drummed up funding from Intel Capital, Cisco Investments and SanDisk, as well as its original investors Battery Ventures and Bessemer Venture Partners – which last …
Kat Hall, 04 Nov 2014

How much will it take to make OpenStack better? Well, stack dev Mirantis just bagged $100m ...

Three-year-old OpenStack startup Mirantis has scored $100m in venture-capital funding, we're told. The series-B cash injection came from Intel Capital, Ericsson, and Sapphire Ventures (formerly SAP Ventures) and other investors. Mirantis was founded in 2011, and (until now) had $20m in the bank from Valley sugar daddies. It …
Gavin Clarke, 21 Oct 2014

Will EMC swallow cloudy upstart? These analysts seem to think so

Any move by EMC to acquire Maginatics — and the latter’s software-only cloud storage gateway — would be a “very smart buy”, according to analyst Ben Woo at technical consultancy Neuralytics, following speculation the storage giant is closing in on the startup. “Software defined storage is not just about on-premise [ …
Chris Mellor, 21 Oct 2014
Brueghel_Leapfrog

Hopeful hybrideer Reduxio grabs more cash for disk+flash

A late-coming hybrid flash/disk array startup, Reduxio, has acquired $15m in additional funding to build a better box. Three hybrid array companies are going gang-busters. Post-IPO Nimble Storage and pre-IPO Tegile and Tintri are all growing at triple-digit rates, as they tear into the mainstream array suppliers' customer bases …
Chris Mellor, 07 Oct 2014
Tangled magnetic tape

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

+Comment 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
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
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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
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
Maxta scheme

Server SAN software upstart Maxta gets Intel's cash inside

Analysis 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 …
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
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
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

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

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

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

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

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

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 …

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
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
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
Amplidata DeepStorage test

Amplidata: Could storage biz end up inside Intel?

Blocks and Files 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

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 …

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

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 …
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 …
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

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 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
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 …

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 …
Rik Myslewski, 12 Jul 2012
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VMware snatches cloud-furtling biz from the very jaws of Dell

It looks like Dell was too distracted with its acquisition of Quest Software in the past several months to notice VMware sniffing around one of its key software partners. The server virtualization juggernaut and cloud plumbing wannabe has snapped up DynamicOps, a maker of management software for clouds and virtual desktop …
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Bromium twists chip virty circuits to secure PCs and servers

Bromium, the security startup launched a year ago by the techies behind the open source Xen server virtualization hypervisor, are lifting the veil a bit on the software that they are cooking up, while at the same time announcing a big new bag of cash to pay for the ongoing development of what the company is calling a microvisor …
The Register breaking news

R is ready for big data

Statistical analysis has been around since mainframes were introduced to academia and corporations back in the 1960s. But the great diversity of telemetry collected by systems today, the need to sift through it for insight and the growing popularity of open-source alternatives is transforming the R programming language for …
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
cable

Sacks of cash chucked at upstart dressed to the nines

Object storage startup Amplidata has grabbed $8m of funding to help stack up the products that it claims virtually eliminate data loss. Competitor Caringo, meanwhile, agrees that you don't need tape for archive storage, having integrated its CAStor product as back-end storage for Symantec's Enterprise Vault. Amplidata will use …
Chris Mellor, 01 Mar 2012