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Intel Capital Announces 10 Investments at Intel Capital Global Summit

Discussion in 'News' started by Cristian_25H, Oct 2, 2012.

  1. Cristian_25H


    Dec 6, 2011
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    Still on the East Side
    Intel Capital, Intel Corporation's global investment and M&A organization, kicked off its annual Intel Capital Global Summit by announcing investments in 10 innovative technology companies. Intended to help these companies grow to the next level, the investments reinforce the Global Summit's 2-day agenda focused on company building. Totaling approximately $40 million, they cover a range of technologies from collaborating in the cloud and delivering enhanced digital entertainment to simplifying mobile payments and enabling new forms of device interaction.

    The investments include secure content sharing platform Box; Bollywood and South-Asian content distributor Hungama.com; integrated circuit design house FocalTech; social radio platform Jelli; social game developer LIFO Interactive; mobile proximity platform NewAer; e-payment platform PagPop; cloud services provider Tier 3; 3-D game developer Transmension; and mobile advertising provider UUCun. Financial details of each investment were not disclosed.

    In its thirteenth year, this year's Global Summit brings together approximately 1,000 Intel Capital-funded entrepreneurs and executives from market-leading Fortune 2,000 companies to exchange ideas and lay the groundwork for potential revenue generating partnerships and business deals. Designed to immerse attendees in a world of networking, the Global Summit includes a full agenda of keynote presentations, expert panels and more than 1,700 targeted meetings between portfolio company CEOs and key business executives.

    "Business deals happen when Intel Capital brings together our vast global network with our portfolio company innovators," said Arvind Sodhani, president of Intel Capital and Intel executive vice president. "Our annual Global Summit and the ongoing Intel Capital Technology Days provide our portfolio companies with unmatched access to the decision-making executives critical to revenue-generating sales or partnerships. The 10 new investments in innovative companies announced today stand to benefit greatly from these longstanding company-building resources."

    New investments:

    Box (Los Altos, Calif.) is one of the fastest-growing private enterprise software companies in the world, delivering an intuitive, powerful and secure content sharing platform that users and IT department's love. Box is available on the Web, iPad, iPhone, Android and Windows Phone applications, and integrated into enterprise applications such as NetSuite, Jive and Salesforce. To date, Box has attracted more than 11 million individuals and 125,000 businesses globally, including 92 percent of the Fortune 500, with major customers such as AAA, DreamWorks, Proctor & Gamble, Random House Inc. and TaylorMade.

    Hungama.com (India) is India's leading digital entertainment company with the country's first and largest on-demand digital entertainment storefront. The storefront has over 2.5 million pieces of content across genres and languages in the form of music tracks, movies, music videos and mobile content. Hungama Movies has more than 5,000 Bollywood, Hollywood and regional movies and television series available in both HD and SD quality, powered by Intel Insider. With more than 20 million users, the Web site is accessible from a PC along with mobile, tablets, TVs and other connected devices, consumers can enjoy all this content via download and streaming.

    Jelli (San Mateo, Calif.) is a social radio platform that combines the reach of radio with the engagement of the Web. Jelli's consumer experience allows listeners to control radio playlists through real-time voting and game elements via free iPhone and Android apps and Web experience. Jelli's advertising platform enables real-time ad serving and listener engagement across social, mobile and broadcast platforms, creating unique insights for advertisers. Jelli is available online and on FM radio stations across the United States.

    LIFO Interactive (Korea), founded in 2010, is a social game developer. Its best-known game on Facebook, Train City, attracted more than 8 million users worldwide last year. The company is currently developing a mobile version of the hit game, scheduled for release later this year, and has several mobile games in development for iOS, Android, and Windows 8 app stores.

    NewAer (Los Angeles) has created a proximity platform enabling any phone, tablet or computer to automate actions based on who or what is detected nearby. Developers add NewAer's mobile scanning engine software development kit to their apps and then tie into NewAer's back-end interface to enable service "triggers." For example, ToothTag, NewAer's showcase app for Android devices, allows users to "tag" people, places or things based on their wireless presence and set rules like automating call forwarding when leaving the home or office. NewAer's platform breaks the limitations of GPS point references, making possible the next generation of smart location-based services based on elastic geofence events.

    PagPop (Brazil) operates a mobile payment online platform that allows professionals and small business owners to accept credit cards for payment. PagPop's technology transforms any feature phone, computer, landline or smartphone with a swipe device, into a credit card payment machine. As a result, payments can be made anytime, everywhere in an easy, affordable and secure manner.

    Tier 3 (Bellevue, Wash.) is a leading provider of enterprise-class cloud services, combining both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive cloud management platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities that support the entire business application portfolio, from development to production environments and business-critical applications.

    Transmension (China) is a television-focused gaming service provider. The company specializes in providing and enabling the delivery of high-quality games to TV screens via IPTV, smart TVs and cable TV carriers. Transmension has collaborated with leading game studios to distribute their games to millions of families.

    UUCun (China) is a mobile Internet ad platform connecting phone makers, app developers and advertisers. The company's solution has been deployed in approximately 20 million newly shipped smartphones this year. The company is expanding its platform and technology to enable not only mobile advertisements but also more value-added services (e.g. mobile payment and mobile gaming), and also to support cross-device function aimed at tablets and smart TVs.

    Other investments, subject to satisfaction of closing conditions:

    FocalTech (Taiwan) is an integrated circuit (IC) design house specializing in digital signal processing algorithm and mixed-signal circuit design for applications including touch panel controller ICs, and it continues to expand into various new applications. The company has shipped over 100 million units of capacitive touch controller ICs. In addition to China, FocalTech is also a supplier to the largest brick-and-virtual bookstore in the world. FocalTech's products are widely used all over the world.
  2. Steevo


    Nov 4, 2005
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    I didn't see AMD on the list........
    10 Year Member at TPU 10 Million points folded for TPU

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