Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.1 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing […]
View More Tetrate nets $12.1 million to bring microservices to the corporate massesCategory: Intel Capital
Korean conglomerate SK leads $600M round for Chinese chipmaker Horizon Robotics
Horizon Robotics, a three-year-old Chinese startup backed by Intel Capital, just raised a mega-round of fundings from domestic and overseas backers as it competes for global supremacy in developing AI solutions and chips aimed at autonomous vehicles, smart retail stores, surveillance equipment and other devices for everyday scenarios. The Beijing-based company announced Wednesday in a […]
View More Korean conglomerate SK leads $600M round for Chinese chipmaker Horizon RoboticsChicago RPA startup Catalytic hauls in $30M Series B
Robotics Process Automation (RPA) is as hot as any enterprise technology at the moment, as companies look for ways to marry their legacy systems with a more modern flavor of automation. Catalytic, a startup from the midwest is putting its own flavor on RPA, aiming at more unstructured data. Today it was rewarded with a […]
View More Chicago RPA startup Catalytic hauls in $30M Series BReport: Self-driving car startup Aurora is raising capital at a $2B valuation
Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack […]
View More Report: Self-driving car startup Aurora is raising capital at a $2B valuationAlibaba acquires German big data startup Data Artisans for $103M
Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading […]
View More Alibaba acquires German big data startup Data Artisans for $103MNational Grid unveils $250M corporate venture capital arm
Former Intel Capital managing director Lisa Lambert has launched National Grid Partners.
View More National Grid unveils $250M corporate venture capital armCorporate venture investment climbs higher throughout 2018
Many corporations are pinning their futures on their venture investment portfolios. If you can’t beat startups at the innovation game, go into business with them as financial partners.
Though many technology companies have robust venture investment initiatives—Alphabet’s venture funding universe and Intel Capital’s prolific approach to startup investment come to mind—other corporations are just now doubling down on venture investments.
View More Corporate venture investment climbs higher throughout 2018Intel Capital pumps $72M into AI, IoT, cloud and silicon startups, $115M invested so far in 2018
Intel Capital, the investment arm of the computer processor giant, is today announcing $72 million in funding for the 12 newest startups to enter its portfolio, bringing the total invested so far this year to $115 million. Announced at the company’s global summit currently underway in southern California, investments in this latest tranche cover artificial […]
View More Intel Capital pumps $72M into AI, IoT, cloud and silicon startups, $115M invested so far in 2018Nyansa lands $15 million led by Intel Capital to grow user performance management
Companies like New Relic and AppDynamics have been offering applications performance management solutions to help operations teams track external performance issues for years. Nyansa (pronounced ‘knee-ans-sah’) is bringing that kind of performance management to internal networks. Today, the company announced a $15 million Series B investment. The round was led by Intel Capital… Read More
Rubikloud scores $37 million investment to bring intelligence to retail industry
The retail industry is one that’s rife for disruption by technology. Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems and are ill-equipped to compete using the latest tools. Rubikloud announced a $37 million investment today to help retailers attack the modernization problem with cloud tools built with artificial intelligence… Read More