Intel Capital Invests $24 Mn In Seven Software Cos

Intel Capital, Intel Corporation’s global investment organisation, has announced seven investments to drive continued innovation across the software ecosystem. The deals total over $24 million and include new investments in enterprise cloud automation software provider DynamicOps; building management software provider enLighted, real-time analytics provider Guavus; Platform-as-a-Service (Paas) for commerce company IP Commerce; and social games analytics service provider Swrve New Media.
Intel Capital also recently closed follow-on investments in predictive analytics company Revolution Analytics and cloud-based media streaming service Gaikai.

The seven companies have developed innovative technologies related to key initiatives of Intel’s software strategy. Recognising that software is tightly coupled with, and a vital element of, all Intel platforms and processors, Intel provides software products and services, design resources, technical expertise and consulting worldwide. Intel helps create the best platforms for delivering captivating user experiences and Intel Capital’s efforts support software ecosystem development that help drive this strategy.

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“The best computing experiences unite leading-edge hardware with amazing software,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “These investments in best-of-breed software vendors play an integral part in Intel’s software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem.”