The opening of 15th annual Intel Capital Global Summit yesterday saw Intel Corporation’s global investment wing, Intel Capital, reveal its plan to invest in 16 companies with various innovative technology portfolios, including Big Data and Cloud Infrastructure outfits.
Pledging an amount approximating $62 million, Arvind Sodhani, president of Intel Capital and Intel executive vice president, explained, “Intel Capital invests in the technology continuum that runs from wearables and the Internet of Things to big data analytics – and everything in between, including silicon, smart devices, PCs, the cloud and datacenters.”
“We are focused on helping innovative companies develop across this technology ecosystem, and we expect to invest a total of $355 million this year,” he added.
A major chunk of the new portfolio companies showcase innovations in Big Data and Cloud Infrastructure:
Gigya (San Francisco) makes a cloud-based customer identity management platform that helps customers turn unknown Web or mobile visitors into loyal and engaged customers.
PilotTV (Taiwan) is a digital signage network operator that designs, deploys and jointly operates digital signage systems for retail venues, operating over 6,000 screens in various channels including convenience stores, fast food chains, drugstores and rapid transit stations.
PrecisionHawk (Raleigh, N.C.) is an information delivery company that uses a small, unmanned aerial vehicle and cloud-based software to collect, process and analyze aerial data. Its solution provides actionable information to clients in civilian industries.
Prelert (Framingham, Mass.) packages data science into downloadable applications for everyday users. It uses machine-learning predictive analytics to learn the normal behavior patterns of populations of individual users, devices and resources.
Stratoscale (Israel) develops new technology to rethink next-generation data centers. It is building the runtime software infrastructure for scalable computing to help customers use all available computing resources and unify computing and storage across the data center.
Ossia (Redmond, Wash.) has smart antenna technology. Ossia redefines wireless power by safely delivering remote, targeted energy simultaneously to multiple devices as far away as 30 feet without line of sight and regardless of whether a device is stationary or moving.
Of the other in the 16 startups, Three – Avegant, Braigo Labs and Eyefluence – involve new and wearable computing devices, Six – Andapt, Audyssey, Incoming Media Inrix, Screenovate Technologies and Thundersoft – mark innovations in mobility and wireless technology and Two – NetSpeed Systems and Reno Sub-Systems – have to do with Advancing Microprocessor and SoC Development
The invite-only event convenes more than 1,000 founders and CEOs from Intel Capital’s global portfolio, Global 2000 business executives, and industry influencers for two days of company building, reports their news release.
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(Image Credit: Takashi Hososhima)