Intel Capital Invests $38M in 12 Technology Startups
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Intel Capital, Intel Corporation's global investment organization, announced today at the Intel Capital Global Summit new investments totaling more than $38 million in 12 technology startups. The companies joining Intel Capital's portfolio are driving innovation to enhance many facets of our lives – including IoT solutions for seniors and disabled individuals, advanced audio for 360-degree virtual reality systems, and human-like vision systems for connected cars.
"Innovation is exploding as the world transforms into an increasingly smart and connected place, where billions of devices will be made even smarter by intelligence in the cloud," said Wendell Brooks, Intel senior vice president and president of Intel Capital. "We're excited to team with these visionary entrepreneurs developing breakthrough technologies to transform lives and industries."