Intel Capital invests $24 million

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Intel Capital invests $24 million 
Intel Capital, Intel Corporation's global investment organization has announced seven investments to drive continued innovation across the software ecosystem. The deals total over $24 million and include new investments in enterprise cloud automation software provider DynamicOps; building management software providerenLighted, real-time analytics provider Guavus; Platform-as-a-Service (Paas) for commerce company IP Commerce; and social games analytics service provider Swrve New Media.
Intel Capital also recently closed follow-on investments in predictive analytics company Revolution Analytics and cloud-based media streaming service Gaikai.
  
"The best computing experiences unite leading-edge hardware with amazing software. These investments in best-of-breed software vendors play an integral part in Intel's software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem," said Arvind Sodhani, President of Intel Capital and Intel Executive Vice President.


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