Intel Capital Exceeds Half a Billion Dollars
Invested in 2017
NEWS HIGHLIGHTS
- More than $60 million of new
investments in 15 startups across a range of innovative
technologies, including artificial intelligence, cybersecurity and
autonomous machines.
- New companies joining Intel Capital’s
portfolio include startups from the United States, Canada, China,
Israel and Japan.
- New investments bring Intel Capital’s
year-to-date activity to more than $566 million.
- New milestone in diversity investing:
More than 10 percent of Intel Capital’s portfolio companies now are
led by women or underrepresented minorities.
Intel Capital, Intel Corporation’s global investment
organization, today announced new investments totaling more than
$60 million in 15 technology startups. The company introduced the
CEOs and founders of the startups at the Intel Capital CEO
Showcase, which is being webcast in the Intel Newsroom. This latest
group of new portfolio companies brings Intel Capital’s
year-to-date investing to more than $566 million.
“The world is undergoing a data explosion,” said Wendell Brooks,
Intel senior vice president and president of Intel Capital. “By
2020, every autonomous vehicle on the road will create 4 TB of data
per day. A million self-driving cars will create the same amount of
data every day as 3 billion people.
“As Intel transitions to a data company, Intel Capital is
actively investing in startups across the technology spectrum that
can help expand the data ecosystem and pathfind important new
technologies,” Brooks said.
The companies joining Intel Capital’s portfolio are trailblazing
technologies that leverage multiple facets of the data lifecycle –
including analyzing, capturing, managing and securing data. These
newly funded companies focus on artificial intelligence, 3D medical
visualization, robots for retail, and cybersecurity inspired by the
human immune system, among other technologies.
Brooks also announced that, two years after the launch of the
Intel Capital Diversity Initiative, more than 10 percent of Intel
Capital’s portfolio companies now are led by women or other groups
underrepresented in the technology industry – including three of
the companies introduced today.
More details on Intel Capital’s new investments in 15 pioneering
data startups:
Analyzing Data
Amenity Analytics* (New York, U.S.) has built a text analytics
platform that allows customers to identify actionable signals from
unstructured data. Its open data source architecture and
cloud-based computing provides unmatched speed, scope and scale.
The Amenity Analytics process combines machine learning, sentiment
analysis and predictive analytics to produce some of the highest
levels of accuracy in the industry.
Bigstream* (Mountain View, California, U.S.) provides
hyper-acceleration technology that delivers orders of magnitude
performance gains for Apache Spark using hardware and software
accelerators. Hyper-acceleration of big data and machine learning
workloads is achieved using advanced compiler technology and
transparent support for FPGAs. Unlike other approaches, Bigstream
requires no application code changes or special APIs.
LeapMind* (Tokyo, Japan) makes learning with deep neural
networks “small and compact” for easy use in any environment. With
the aim to achieve the “Deep Learning of Things” (DoT), LeapMind is
improving the accuracy of neural network models and is researching
and developing innovative algorithms to reduce the computational
complexity of deep learning and original chip architectures for use
in small computing environments.
Synthego* (Redwood City, California, U.S.) is a leading provider
of genome engineering solutions. The company's product portfolio
includes software and synthetic RNA kits designed for CRISPR genome
editing and research. With next-generation informatics and machine
learning, Synthego’s vision is to bring precision and automation to
genome engineering, enabling rapid and cost-effective research with
consistent results for every scientist.
Capturing Data
AdHawk Microsystems* (Kitchener, Ontario, Canada) is
revolutionizing human-computer interaction through ultra-precise
tracking solutions that are smaller, faster and more
power-efficient. AdHawk’s camera-free eye tracking system enables
truly mobile data capture and paves the way for a new generation of
highly immersive AR/VR experiences.
Trace* (Los Angeles, U.S.) is a sports artificial intelligence
company working in the domains of soccer, mountain sports and water
sports. Trace users have skied more than 30 billion feet of
vertical and surfed more than 10 million waves. Its products
combine sensors, video and AI to make performance insights and
video highlights available immediately. Recently expanding into
team sports, Trace technology is used to provide automatic video
highlights and player performance data to coaches, players and
parents right after the game.
Bossa Nova Robotics* (San Francisco, U.S.) creates autonomous
service robots for the global retail industry. The Bossa Nova
technology and services empower retailers to make informed
inventory decisions and take rapid action by automating the
collection and analysis of on-shelf inventory data in large-scale
stores. Retailers can therefore improve their productivity and
create a better shopping experience.
EchoPixel* (Mountain View, California, U.S.) develops 3D medical
visualization software. Its True 3D system allows medical
professionals to interact with organs and tissues in a 3D space
emanating from a display, which enables doctors to identify,
evaluate and virtually dissect structures. True 3D is being used at
UC San Francisco, Stanford, Cleveland Clinic, Lahey Clinic and
Hershey Medical Center, among others. EchoPixel technology
amplifies human expertise and improves both clinical efficacy and
workflow.
Managing Data
Horizon Robotics* (Beijing, China) provides integrated and open
embedded artificial intelligence solutions of high performance, low
power and low cost. The company envisions that the world’s more
than 1,000 categories of devices, such as autonomous vehicles and
smart cameras, will be equipped with “brains,” becoming intelligent
entities that have the ability for perception, understanding and
decision-making for safety, convenience and fun.
Reniac* (Mountain View, California, U.S.) solves IO bottlenecks
resulting in latency reduction and increased throughput for
critical workloads in public cloud, hybrid and on-premise data
centers without software changes to existing applications. The
company’s Distributed Data Engine is architected to benefit
databases, file systems, networking and storage solutions while
freeing more CPU resources to creating business value.
TileDB Inc.* (Cambridge, Massachusetts, U.S.) develops and
maintains the TileDB project created at the Intel Science and
Technology Center for Big Data, which was a collaboration between
Intel Labs and MIT. TileDB is a novel system for managing massive,
multidimensional array data that frequently arise from scientific
applications.
Securing Data
Alcide* (Tel Aviv, Israel) delivers a network security platform
for any combination of container, VM and bare metal data centers
operated by multiple orchestration systems. Alcide secures data
centers against cyberattacks, including malicious internal activity
and data exfiltration. Alcide, currently in stealth mode, empowers
DevOps, security and engineering teams with simplified and
autonomous control to manage and secure the evolving data center
and hybrid cloud, at any scale.
Eclypsium* (Portland, Oregon, U.S.) provides technology that
helps organizations defend their systems against firmware, hardware
and supply chain attacks. The company offers organizations improved
visibility for monitoring systems in their infrastructure for
firmware threats and supply chain compromise, detection of firmware
vulnerabilities, and improved firmware update management in
endpoint systems and servers.
Intezer* (Tel Aviv, Israel) develops cybersecurity solutions
that apply biological immune system concepts to the cyberspace,
creating the world’s first “Code Genome Database,” by mapping
billions of small fragments of malicious and trusted software.
Through its DNA approach to code, Intezer provides enterprises with
unparalleled threat detection and accelerated incident
response.
Synack* (Redwood City, California, U.S.) provides customers a
scalable, continuous, hacker-powered testing platform that uncovers
security vulnerabilities that often remain undetected by
traditional penetration testers and scanners. Its On-Demand
Crowdsourced Security platform – which includes a network of
trusted, ethical hackers worldwide – offers practical insights,
analytics and actionable data that enables organizations to
identify and fix security holes before criminal hackers exploit
them.
For more information on today’s announcement or to view the
webcast, including panel discussions with the 15 CEOs, visit our
press kit on the Intel newsroom.
About Intel Capital
Intel Capital invests in innovative startups targeting 5G
connectivity, the data center, artificial intelligence, merged
reality, autonomous driving and a wide range of other disruptive
technologies. Since 1991, Intel Capital has invested US$12.2
billion in 1,500 companies worldwide, and more than 640 portfolio
companies have gone public or been acquired. Intel Capital curates
thousands of business development introductions each year between
its portfolio companies and the Global 2000. For more information
on what makes Intel Capital one of the world’s most powerful
venture capital firms, visit www.intelcapital.com or follow
@intelcapital.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
*Other names and brands may be claimed as the property of
others.
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version on businesswire.com: http://www.businesswire.com/news/home/20171019005326/en/
Intel CapitalPeter Delevett,
408-653-8715peter.delevett@intel.com
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