Alcide today emerged from stealth mode, launching the industry’s first universal network security platform designed to meet the complex needs of the modern data center. The seed funding round of $5.2 million, led by Intel Capital and Elron, is indicative of a pressing need in the market, tied to the rapid evolution of data centers.
With the automotive industry undergoing a seismic shift due to innovations such as electric vehicles and autonomous driving, Matt Stone from Intel Capital discusses how China that will push this market into overdrive, guided by the Five Year Plan the country passed in 2016.
Aerial Technologies, the pioneer in wireless motion analytics powered by AI, today announced $3 million US additional capital investment led by Intel Capital. Aerial Technologies uses artificial intelligence to analyze disruptions in WiFi networks, extract data, and ultimately give meaning to motion, without requiring additional hardware, wearables or cameras.
Ayar Labs Raises $24M Series A Led by Playground Global, with Participation from Founders Fund, GlobalFoundries, and Intel Capital. Investment from top industry firms will fund commercialization of Ayar’s direct-to-chip optical solution and bring the benefits of integrated silicon photonics to leading-edge multi-chip modules.
Overwolf, a profitable open platform for game apps and services, will use the new funds to accelerate the growth of the Overwolf developer ecosystem
In this edition of Founder Q&A, we discover how Magnus once again became a startup co-founder in his mid-50s (this time, almost by accident); the decision-making and leadership lessons that helped him grow iZettle into a successful unicorn company while working with a team nearly half his age; and how Ford’s launch of the Model T in 1908 planted the seeds for his entrepreneurial journey.
HuiyiHuiying, an artificial intelligence startup in China, completed an Intel Capital-led investment round to help drive AI innovation in the medical industry. The company will use the funding to support its business development, product innovation and talent recruitment initiatives.
SS8 Networks is a network intelligence leader that provides solutions to identify, track and investigate devices and subjects of interest. Its acquisition by HighBar Partners will allow SS8 to better serve their existing customer base and enable their next phase of growth.
StarkWare recently closed a $30M equity round, led by Paradigm. Other new investors include Intel Capital, Sequoia, Atomico, DCVC, Wing, Consensys, Coinbase Ventures, Multicoin Capital, Collaborative Fund, Scalar Capital and Semantic Ventures. StarkWare commercializes the STARK zero-knowledge proof system.
Boston-based DataRobot announced a new round of funding that brings the company’s total funding to $225 million. DataRobot’s technology helps to automate the creation of machine learning models using drag-and-drop functionality, which enables companies to make better use of their data without needing specialized data scientists.