Intel powers 15 startups to next level

Intel Capital the global investment arm for Intel Corporation made an new investments of over $60 million in 15 technology startups. 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 at 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.”

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.