Intel Puts M In 10 Startups, With A Stake In FreedomPop To Launch A Rival To Google’s Project …
Intel Capital, the venture arm of the tech giant, today announced $22 million in new investments across 10 startups. The news was delivered at the company’s annual global summit, where it also said that it would invest half a billion dollars in total this year.This is both a rise and fall of sorts. As a point of comparison, during the same event last year, Intel announced $67 million of investments in 16 startups, but said that 2014 investments totaled $359 million. It seems that $67 million is a magic number for Intel: the company announced the same amount of investments in Chinese startups just this past September. Today’s investments cover a range of companies running from later stages in larger and more established startups through to newer companies and emerging technologies,…
Link to Full Article: Intel Puts M In 10 Startups, With A Stake In FreedomPop To Launch A Rival To Google’s Project …
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