Author: camerondrivemg

Syntiant Corp., an artificial intelligence semiconductor company that is creating an entirely new class of ultra-low-power, high-performance, deep neural network processors for edge computing, today announced it has raised $25 million in Series B funding led by M12, Microsoft Corp.’s venture fund. Other strategic investors that participated in the raise include the Amazon Alexa Fund, Applied Ventures, Intel Capital, Motorola Solutions Venture Capital and Robert Bosch Venture Capital.

K4Connect, a company that centers its technology solutions to empower older adults and individuals with disabilities, has announced a $12 million Series B, which included Intel Capital.

Paperspace, a cloud AI company focused on making AI and machine learning accessible, today announced a $13 million Series A, which included led by Intel Capital. Funding will used to fuel product innovation into their AI-cloud computing and development solutions to bring cloud AI to customers worldwide.

Digital entertainment pioneer (and Intel Capital portfolio company) Eko enters joint venture with Walmart to develop cutting-edge interactive video. Eko’s innovative storytelling technology allows viewers to control the plot of commercials and television episodes.

Intel Capital portfolio company Arcadia Data, a provider of visual analytics software for big data, announced a $15 million Series B funding round, including a follow-on investment from Intel Capital. Arcadia Data offers an alternative to traditional business intelligence tools and will use the new funding to continue to develop its big data visual analytics software.

Ameet Bhansali, Intel Capital vice president and managing director for New Technologies, moderates a discussion about two of the industry’s hottest buzzwords: augmented reality and virtual reality. Intel Capital investment directors Stephen Saltzman and Tammi Smorynski shared their thoughts on what’s beneath the buzz.

Delair, a leading global supplier of commercial drone solutions, today announced that it has recently closed its expansion round with an investment from Intel Capital

Intel has acquired NetSpeed Systems, a San Jose-based startup that makes SoC design tools and interconnect fabric intellectual property. NetSpeed’s offerings will help Intel more quickly and cost-effectively design, develop and test new SoCs with an ever-increasing set of IP.

Intel Capital portfolio company Spotinst announced $35 million in series B funding. The company’s cloud optimization technology helps businesses reduce cloud computing costs by leveraging AI to predict when excess capacity becomes available to automatically migrate cloud-dependent applications.