Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall
Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: In 2017 so far, Intel says that it's invested $566 million in startups in its portfolio. The focus on big data in this latest group of startups comes out of a new turn for Intel and how it's been making strategic investments in recent times. Intel Capital is one of the bigger names when it comes corporate tech investing. In total, it has invested $12.2 billion in 1,500 companies since 1991.
Oct-22-2017, 05:10:21 GMT
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