16 Companies Spanning Nine Countries Receive Funding, Company Building Resources
SAN DIEGO, Oct. 22, 2013 – Intel Capital, Intel Corporation’s global investment and M&A organization, is announcing investments in 16 new technology companies totaling $65 million. Spanning nine countries, the investments will help drive innovations in the cloud, datacenter, mobile technologies and consumer-related services.
Announced at the 14th annual Intel Capital Global Summit held in San Diego, the new investments are part of Intel Capital’s mission of cultivating global innovation by providing entrepreneurs with the resources necessary to scale from startup to global corporation level.
Designed to create growth opportunities for Intel Capital portfolio companies through structured networking, the Intel Capital Global Summit includes a full agenda of keynote presentations, expert panels and more than 2,000 targeted meetings between portfolio company CEOs and key business executives. Portfolio companies attending past Global Summits have gone on to sign business deals with leading corporations across a wide range of industries.
“The annual Intel Capital Global Summit brings together our vast worldwide network of decision-making Fortune 1000 executives with our portfolio company CEOs to network, exchange ideas and kick start partnerships and business deals,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “We are also excited to announce new investments in these 16 innovative companies and look forward to supporting them with our unmatched company-building programs like the Intel Capital Technology Days.”
The investments include cloud consultancy CloudFX (Singapore); cloud storage software provider Cloudian (Japan/USA); community website and services platform CSDN (China); 3-D software developer DotProduct (USA); cloud file service Fileforce (Japan); interactive video platform Interlude (Israel); high-speed connectivity products company Lintes Technologies (Taiwan); mobile news syndicator Mobiles Republic (France/USA); business continuity and disaster recovery platform Perpetuuiti TechnoSoft Services (Singapore/India); visual merchandising and analytics solutions Prism Skylabs (USA); hybrid storage provider Reduxio Systems (Israel); chip simulation acceleration Rocketick (Israel); car rental company Savaari Car Rentals (India); semiconductor materials developer SBA Materials (USA); open source database solutions SkySQL (Finland); and wireless electricity developer WiTricity (USA).
More on the New Investments:
CloudFX (Singapore) provides cloud strategy consulting and implementation services, enabling enterprise and service providers to reduce IT expense and operational complexity while optimizing IT and business strategy alignment. CloudFX has transformed some of Asia’s largest companies by re-architecting entire IT infrastructures, streamlining IT operational management processes and providing advanced cloud service management, automation and integration services.
Cloudian (Japan/United States) specializes in cloud storage software. Cloudian® is an S3-compatible object storage platform that enables service providers and enterprises to deploy reliable, affordable and scalable storage clouds on-premise. Cloudian is actively partnering with leading cloud computing environments including Citrix Cloud Platform, Apache CloudStack and OpenStack, along with cloud on-ramp providers and the vast ecosystem of tools and applications afforded through true S3 compatibility.
CSDN (China) is the largest community website and services platform for IT professionals in China, with more than 27 million registered users and 500,000 enterprise partner members. The company provides knowledge, career and development services and owns several leading brands including Chinese IT technology online communities CSDN and ITeye, Chinese IT professional journal Programmer, China IT senior managers community CTO Club, China mobile developer community CMDN, code hosting and social coding cloud platform CODE and IT recruiting website Pongo.
DotProduct (United States) develops high performance software for real-time capturing and processing of 3-D data on Android tablets. Use cases for the company’s Phi.3D software range from creating 3-D documentation for capital asset construction to documenting crime scenes to imaging movies sets for gaming and entertainment applications. DotProduct’s technology is designed to take full advantage of rapidly increasing tablet computing performance as well as emerging 3-D sensor technologies.
Wayz Japan (Fileforce) (Japan) provides a secure and scalable cloud file service for businesses of any size. Fileforce enables enterprises to safely store and securely manage, access, share and organize their business files anywhere and any device.
Interlude (Israel) provides a platform for creating interactive videos in which viewers can affect the course of a video in real time resulting in a highly engaging, seamless viewing experience. With the recent launch of Interlude’s self service authoring suite –Treehouse — video creators can now unleash their creativity as they map, build and publish Interlude videos on Web, mobile and social platforms.
Lintes Technologies (Taiwan) provides innovative high-speed connectivity products that expand PC and server capabilities and performance with leading-edge data transfer and communication technologies. Lintes combines advanced custom design capabilities and leading manufacturing capabilities. Products include Thunderbolt peripherals with electrical/optical cable and the Active Link for data center application which cover the data rate from 10 Gb/s to 100 Gb/s.
Perpetuuiti TechnoSoft Services (Singapore/India) offers real-time visibility and “availability management” of business continuity planning/disaster recovery (BCP/DR) infrastructure. The “continuity platform” fully automates BCP/DR processes and brings visibility tied to business impact, allowing single click BCP/DR invocation. Its products work with a variety of complex heterogeneous IT environments, orchestrating continuity and recovery procedures for virtual and physical computing resources across data centers.
Prism Skylabs (United States) helps companies visually understand and optimize offline commerce. Its unique cloud service transforms any video camera into a visual merchandising, auditing and business intelligence tool that can be accessed from any device. Some of the world’s largest retailers, CPGs, supermarkets, malls and convenience stores use Prism Skylabs to gain insight into their business and to build and maintain the ideal experience for their customers.
Reduxio Systems (Israel) builds a next-generation storage platform that provides capacity savings and infinite data recoverability through unique real-time primary storage deduplication and protection technologies.
Rocketick (Israel) is active in software simulation acceleration for chip verification. Rocketick’s flagship product, RocketSim is a GPU-based software solution that seamlessly attaches to existing simulators and accelerates them by an order of magnitude, thus enabling chip manufacturers to reduce time-to-market of new designs.
Savaari Car Rentals (India) is an online car rental company, offering car rentals across 60 cities in India to both retail and corporate customers.
SBA Materials (United States) develops nano-porous dielectrics. SBA’s patented Liquid Phase Self Assembly technology enables the design of advanced siloxane-based materials with a broad range of porosities and a unique combination of electrical, optical and mechanical properties. This unique class of materials has applications in significant markets ranging from energy storage to high-performance logic chips. SBA’s low-k dielectric has the potential to improve the performance of advanced chips used in mobile devices while significantly reducing their power consumption.
SkySQL (Finland) is a global software vendor specializing in high availability and high-performance SQL. SkySQL products and services bring ease-of-use and assistance 24/7 while providing an effective way to increase database productivity, reduce downtime, augment existing resources and prevent vendor lock-in. SkySQL was founded in 2010 and has more than 350 customers in more than 30 countries worldwide.
WiTricity (United States) specializes in wireless electricity delivered over distance. The company was founded in 2007 to commercialize technology for wireless electricity. With a growing list of global clients in industries including consumer electronics, automotive, medical devices and defense, WiTricity has emerged as a leading expert in highly resonant wireless power transfer.
Other investments, subject to satisfaction of closing conditions:
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About the Intel Capital Global Summit
The Intel Capital Global Summit is Intel Capital’s pre-eminent technology networking event. The 2013 event brings together more than 1,000 registered attendees from Intel Capital portfolio companies, Intel’s global customers and partners and industry leaders from around the world. The Intel Capital Global Summit 2013 is sponsored by Aon Corporation, Archpoint Partners, Bingham McCutchen, Credit Suisse, Gibson Dunn & Crutcher, KPMG, Morrison & Foerster, NASDAQ OMX, Needham, Silicon Valley Bank, Strategic Executive Search Group and TriNet.
About Intel Capital
Intel Capital, Intel’s global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,322 companies in 54 countries. In that timeframe, 204 portfolio companies have gone public on various exchanges around the world and 336 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.