Intel Capital's new investments: 51.com, Aternity, Ceedo, Phoenix, Tutor.com
Intel Capital, the venture capital arm of of the giant chip company Intel, announced six investments into new companies at its CEO Summit.
We already mentioned Jajah (see our story). Here are the others:
51.com — Intel Capital leads a Series B investment in 51.com, which Intel calls the largest social networking site in China with about 60 million registered accounts. The site is especially popular with 17- to 30-year-olds, growing by about 5 million accounts per month.
Aternity — Intel Capital leads a Series B investment in Aternity, an Israeli supplier of application management software for enterprise IT. A marketing agreement has been signed between the two, under which Aternity’s product will include support for Intel’s vPro technology.
Ceedo — Intel Capital led a private financing round in Ceedo Technologies, an Israeli consumer software company. It builds personal working environment software for consumer portable storage devices. Ceedo’s “virtualization” technology runs Windows applications from external physical or network drives without requiring installation on the host PC.
Phoenix Microelectronics — Intel Capital leads a Series B round of financing in Phoenix Microelectronics, a fabless IC design house based in China. No Website link available. The company provides “high-capacity storage intelligent SIM card ICs for mobile terminal devices, allowing efficient management of subscribers by mobile operators and easy introduction and provisioning of value-added services,” according ot the statement.
Tutor.com — Intel Capital leads an expansion investment round of $13.5 million in Tutor.com, a U.S. company that develops and provides on-demand tutoring and homework services.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.












