Intel Capital invests $62m in 16 new companies with focus on cloud, mobile, IoT and analytics
November 7, 2014
Grazed from Computing. Author: Sooraj Shah.
Intel Capital, the global investment arm of chip giant Intel, has invested in 16 new companies covering a range of areas within IT, including big data analytics, the Internet of Things and cloud computing. The organisation has invested in Gigya, a Mountain View, California-based maker of a cloud-based customer identity-management platform that supposedly helps clients turn unknown web or mobile visitors into loyal and engaged customers.
Another US-headquartered company it has invested in is drone technology maker PrecisionHawk. The Raleigh, North Carolina-based company uses a small, unmanned aerial vehicle and cloud-based software to collect, process and analyse aerial data for clients within "civilian industries"…
In the internet of things sector, the company has invested in Braigo Labs, a company founded by 13-year-old entrepreneur Shubham Banarjee. The company currently makes a Braille printer that is made out of a Lego robotics kit…
Read more from the source @ http://www.computing.co.uk/ctg/news/2379919/intel-capital-invests-usd62m-in-16-new-companies-with-focuses-on-cloud-mobile-iot-and-analytics