AlterGeo, in its latest round of funding, raised what is to be believed to be between USD 5 and 10 million through Intel Capital and Almaz Capital, in exchange for a 25% share in the company. In a previous round of funding, AlterGeo was able to raise USD 1 million through Kite Ventures and AddVenture. [...]
Tag Archives: Intel Capital
AlterGeo-Russian Mobile Application Provider, Raises $10 Million From Intel Capital
Russian Online Shoe Store Sapato.ru Raises $12 Million
17/06/2011
Comments Off
Sapato.ru the Russian online shoe retailer, comparable to Zappos, has raised USD 12 million in a new funding round. A majority of the USD 12 million came directly from Intel Capital. Previous investors such as Kinnevik, Direct Group and eVenture Capital accounted for the remaining balance. In a previous round of funding, Sapato was able [...]
Intel and Almaz Capital Partners acquired minority stake in AlterGeo
17/06/2011
Comments Off
AlterGeo, in its latest round of funding, raised what is to be believedt o be between USD 5 and 10 million through Intel Capital and Almaz Capital, in exchange for a 25% share in the company. In a previous round of funding, AlterGeo was able to raise USD 1 million through Kite Ventures and AddVenture. [...]
Rock Flow Dynamics Secures $2m from Intel Capital
24/11/2010
Comments Off
Russia’s Rock-Flow Dynamics (RFD) has its foot in the U.S. door after securing USD 2 million in funding from California-based Intel Capital. RFD will use the funds to expand sales and marketing around the world as well as establish a new U.S.-based office in Houston, TX. So far in 2010, Intel Capital has invested more than USD [...]
AVG Technoogies Continues to Rebut IPO Rumors
07/10/2010
Comments Off
Despite persistent rumors of a possible IPO from AVG Technologies, CEO and President J.R. Smith continues to insist that no such plans are in the works. His latest rebuttal comes after a recent report by the Reuters news service that shareholders were considering an IPO that could be potentially worth €300 million to €800 million. [...]
MCI and Intel Invest €10m in Netretail/Mall.cz
29/09/2010
Comments Off
MCI Management has teamed up with Intel Capital and NetCentrum’s Ondra Tomek in an investment deal worth €11 million. The trio have pumped the funding into Netretail, a holding company operating Czech online shopping portal, mall.cz. Intel Capital and MCI Management contributed €5 million each while Tomek contributed €1 million. For Intel Capital, the investment [...]
LogMeIn Updates IPO Plans with U.S. SEC
23/06/2009
Comments Off
LogMeIn, a Company that develops software for controlling computers via remote connections, has announced updated plans for their pending IPO. The Woburn, MA Company began the IPO process in January 2008, but has opted to hold off on its IPO plans until the economy showed signs of recovery. The update plans included filing new registration [...]
Intel Capital Makes Equity Investment into 3 UAE Technology Firms
19/02/2009
Comments Off
The global investment organization from Intel Corporation, Intel Capital, has invested into three different UAE companies. The technology firms are Conservus International FZ-LLC, Pulse Technologies FZ-LLC and Vertex Animation Studios FZ-LLC. Funding from the USD 50 million Intel Capital Middle East and Turkey Fund will help grow and develop the companies by extending product offerings [...]


29/06/2011
Comments Off