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Intel Capital Makes $60M Investment to Support 15 Tech Startups

TYSONS CORNER, VA, Oct. 24, 2017 — Intel‘s (Nasdaq: INTC) investment arm has placed more than $60 million in funds to support 15 startups as they work to develop cybersecurity, analytics, machine learning, artificial intelligence and autonomous technologies, ExecutiveBiz reported Monday.

The company said Thursday the startups from Canada, China, Israel, Japan and the U.S. will join Intel Capital’s portfolio, bringing the unit’s total year-to-date investments to approximately $566 million and increasing the diversity of supported firms.

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