Press release
Intel Capital Invests $132 Million in 11 Disruptive Technology Startups
SANTA CLARA, Calif.--(BUSINESS WIRE)-- What’s New: Intel Capital, Intel Corporation’s global investment organization, announced today new investments
About this update from Intel Corporation
[{"type":"text","content":" SANTA CLARA, Calif.--(BUSINESS WIRE)--\nWhat’s New: Intel Capital, Intel Corporation’s global investment organization, announced today new investments totaling $132 million in 11 technology startups. These companies bring to market breakthrough innovations in artificial intelligence (AI), autonomous computing and chip design. The companies joining Intel Capital’s portfolio are Anodot, Astera Labs, Axonne, Hypersonix, KFBIO, Lilt, MemVerge, ProPlus Electronics, Retrace, Spectrum Materials and Xsight Labs.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200512005179/en/Intel Capital, Intel Corporation’s global investment organization, announced on May 12, 2020, new investments totaling $132 million in 11 technology startups. (Credit: Intel Corporation)\n\n“Intel Capital identifies and invests in disruptive startups that are working to improve the way we work and live. Each of our recent investments is pushing the boundaries in areas such as AI, data analytics, autonomous systems and semiconductor innovation. Intel Capital is excited to work with these companies as we jointly navigate the current world challenges and as we together drive sustainable, long-term growth.”\n-- Wendell Brooks, Intel senior vice president and president of Intel Capital\n\n\nIntel Capital’s New Investments: \n\n\n\nAnodot (Redwood City, Calif.) uses machine learning to drive the future of analytics — autonomous business monitoring. Fortune 500 companies across telco, finance and digital sectors rely on Anodot’s real-time, contextual alerts to catch the incidents that impact revenue and costs. Examples include drops in success rate, customer incidents, app performance and other business metrics. By helping business users find and fix incidents quickly, Anodot helps customers cut incident management by as much as 80%.\n\n\nAstera Labs (Santa Clara, Calif.) is a fabless semiconductor company that develops purpose-built connectivity solutions for data-centric systems to remove performance bottlenecks in compute-intensive workloads such as artificial intelligence and machine learning. The company’s product portfolio includes system-aware semiconductor integrated circuits, boards and services to enable robust connectivity for PCI Express® (PCIe®) and Compute Express Link™ (CXL) solutions.\n\n\nAxonn...