Intel Capital

eBay Is the Most Recent Bay Area Transplant to Seek Access to Seattle’s Talent Pool

Tricia Duryee in Commerce on January 12 at 6:00 am PT

The e-commerce giant has joined a growing list of companies willing to brave the rain in order to gain access to a deep pool of technology engineers in Seattle.

News Byte

Brazilian Social Games Company Pays Zynga to Settle Copyright Issues

Tricia Duryee in Commerce on December 6, 2011 at 9:29 am PT

San Francisco-based Zynga, which is on track to go public next week, has settled a lawsuit against Vostu, a social-game maker in Brazil that Zynga accused of copyright infringement. In a joint statement, the two said: “As part of the settlement, Vostu made a monetary payment to Zynga and made some changes to four of its games.” Terms were not disclosed. Vostu claims to be the largest social game company in Brazil and is backed by Accel Partners, Tiger Technology Global Management, Intel Capital and General Catalyst Partners.

MasterCard Makes Its First Mobile Payments Investment in mFoundry

Tricia Duryee in Commerce on November 30, 2011 at 9:03 pm PT

MasterCard has made a strategic investment in seven-year-old mobile banking start-up mFoundry.

News Byte

Intel Launches $100 Million App Fund

Ina Fried in News on November 15, 2011 at 12:43 pm PT

Intel Capital on Tuesday announced a new $100 million AppUp fund aimed at spurring development of programs that run on netbooks, ultrabooks and other consumer laptops. Among the fund’s first investments is a stake in Urban Airship, made as part of that company’s recently closed $15 million funding round.

Why Betaworks Broke Up the Band

Peter Kafka in Media on September 15, 2011 at 7:08 pm PT

Andy Weissman jumps from the incubator/holding company to become a full-time investor at Union Square Ventures. That wasn’t the plan a few months ago.

Intel Sets $300 Million Fund To Spur “Ultrabooks”

Don Clark, Reporter, The Wall Street Journal in News on August 10, 2011 at 8:16 pm PT

Intel Corp. said its investment arm is allocating $300 million to help encourage innovation around a breed of ultra-thin portable PCs that the chip maker calls Ultrabooks.

Kabam Raises $85 Million to Build the Zynga of Hardcore Gaming

Tricia Duryee in Commerce on May 26, 2011 at 5:05 am PT

Redwood City, Calif.-based Kabam has quietly been building a sizable social game company only miles away from industry leader Zynga.

Zynga Competitor Crowdstar Raises First Round of Funding. Ever!

Tricia Duryee in Commerce on May 23, 2011 at 11:00 am PT

CrowdStar has become the fifth-largest social game maker on Facebook without raising a dime of venture capital. Now, as it expands to mobile and moves internationally, it’s raised its first round of $23 million.

Amazon's Cloud Crash Is Over, But the Talking About It Isn't

Arik Hesseldahl in Enterprise on April 25, 2011 at 3:45 pm PT

The big crash of Amazon’s cloud that brought down hundreds of other Internet companies that rely upon it is over. Now everyone who was affected in one way or another is comparing notes on how they coped or didn’t. And for cloud providers not named Amazon, there’s going to be an obvious business opportunity.

Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel to Consult on Student Tablet Hardware

Kara Swisher in News on April 7, 2011 at 7:17 pm PT

According to sources close to the situation, Intel Capital and Advance Publications will lead a $30 million investment round in Kno, the high-profile student tablet start-up. In addition to the funding from its venture capital ark, Intel itself will license the hardware design of Kno, which will now focus on its software to manage the devices that are aimed at the college market.

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