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18 November 2010

Intel Capital plows $77 million mostly into new video business models

Intel Capital has just put out a release about its latest investments at Intel Capital and many of them are in the territory of the Faultline, with video and related technologies, especially video over the internet, taking a leading role.

Intel Capital said that it had invested a total of $77 million in these companies, in 18 new investments, and five follow-on deals, it told the audience at the
Intel Capital CEO Summit in the US.

Althea Systems in India working on a cloud-based video discovery platform makes it easier to find and share online videos across various devices; Anobit in Israel offers Memory Signal Processing for the Nand flash market which improves the endurance of Nand memory, which is often used to store video; boo-box from Brazil is working on an advertising system for social media; while Intel has also taken a position in Layar, the sexy Augmented reality software firm based in the Netherlands.

Intel has invested in Ortiva Wireless in California which offers advanced management of mobile video and Selected-TV in Malaysia, which is an end to end IPTV system provider for the hospitality market.

Closer to home Intel Capital has invested in Videon Central which is chasing the Blu-ray disk middleware market for video streaming devices and Verismo Networks offers an open Internet TV platform.

Finally YuMe in California is a video advertising technology company which delivers video ads across a number of connected device channels including online, mobile, and TV. The other companies Intel invested in are a combination of mobile and Smart TV applications.