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News & Features Technology Intel Capital Invests $26M In Six Mobile Startups

Intel Capital Invests $26M In Six Mobile Startups Featured

Written by Intel Capital on Monday, 14 February 2011 14:46
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Intel Capital, Intel Corporation's global investment organization, today announced six new investments to drive continued innovation across the mobile hardware, software and applications ecosystems. The new deals total approximately $26 million and include open source mobile software solutions company Borqs; location-based mapping platform and tools provider CloudMade; QuantumFilm™-based image sensor vendor InVisage; open source online video platform Kaltura; online authentication provider SecureKey Technologies; and unified communications and collaboration service software provider VisionOSS Solutions.

The six companies each have developed innovative technologies to enhance the user experience across a continuum of devices, including handhelds, tablets and laptops, that run a variety of operating systems including MeeGo and Android*.

"As more devices compute and connect to the Internet, it creates an opportunity to deliver new end-user capabilities by supporting the development of mobile infrastructure, applications, services and components for Intel® architecture-based platforms," said Arvind Sodhani, president, Intel Capital and executive vice president, Intel. "These six investments represent key growth areas of the mobile ecosystem and will contribute to bringing important features to the next generation of mobile devices."

"These Intel Capital investments represent innovative companies that Intel is working with to help advance our mobile platform initiatives across smart device segments including handheld, tablet and notebook businesses," said Anand Chandrasekher, Intel senior vice president and general manager of the company's Ultra Mobile Group. "The investments, coupled with Intel's expanding set of capabilities in silicon, software and communications, will help the company accelerate plans across a variety of smart devices and market segments."

Last modified on Wednesday, 16 February 2011 14:48

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