capital

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS

  • Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities.
  • The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the Internet of Things, the maker movement, cloud computing and cybersecurity.
  • Fund will complement Intel’s $300 million Diversity in Technology Initiative, announced in January, which aims for the company to reach full representation of women and underrepresented minorities in its U.S. workforce by 2020.

SANTA CLARA, Calif., June 9, 2015 – Intel Capital, Intel Corporation’s global investment organization, today announced the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals approximately $125 million, and investments will cover a broad spectrum of innovative industries.

“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our goal with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”

Today’s news follows the January announcement of Intel’s Diversity in Technology initiative, designed to encourage more diversity at Intel and within the technology industry at large. Intel has declared its intent to achieve full representation of women and underrepresented minorities in its U.S. workforce by 2020.

“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”

Only 15 percent of venture capital-funded companies in the United States have a woman on the executive team, according to a recent Babson College report, and companies with a woman CEO receive only 3 percent of total venture capital dollars.1

Furthermore, less than 1 percent of the founders of Silicon Valley companies are African American or Latino; nearly 100 percent of funded founders are white or Asian, according to industry surveys.2

The Intel Capital Diversity Fund launches with investments in four companies, which will gain access to Intel Capital’s business development programs, global network, technology expertise and brand capital.

  • Brit + Co* (San Francisco) unlocks creativity by educating, inspiring and supporting women and girls. A media and e-commerce platform, its online classes and all-in-one kits let makers learn everything from calligraphy to building gadgets with Intel Galileo boards.
  • CareCloud* (Miami) is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. Intel and CareCloud have jointly authored a whitepaper on cloud computing in healthcare.
  • Mark One* (San Francisco) uses the Intel® Curie™ hardware module to create a smart cup that automatically recognizes any beverage its user pours into it, displays its nutritional content, and syncs all drinking habits to the user’s smartphone.
  • Venafi* (Salt Lake City) is the Immune System for the Internet™. Venafi protects the foundational element of all cybersecurity—cryptographic keys and digital certificates—so they can’t be misused. Venafi constantly assesses which keys and certificates are trusted, protects those that should be trusted, and fixes or blocks those that are not. With Venafi’s key and certificate security solution, Intel can continue to bring market-leading security and datacenter technology to market.

For more information about the Intel Capital Diversity Fund, please visit www.intelcapital.com.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel, the Intel logo and Curie are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

1 Babson College Diana Report, Women Entrepreneurs 2014: Bridging the Gender Gap in Venture Capital, September 2014.

2 CB Insights, Venture Capital Human Capital Report, January-June 2010.

Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs

by

NEWS HIGHLIGHTS Intel Capital announced the Intel Capital Diversity Fund – the largest of its kind – to invest $125 million in businesses led by women and underrepresented minorities. The fund launches with investments in four companies – Brit + Co*, CareCloud*, Mark One*, and Venafi* – across a wide spectrum of industries, including the … Continued

The post Intel Capital Launches $125M Fund to Invest in Women and Underrepresented Minority Entrepreneurs appeared first on Intel Newsroom.

16 New Investments Announced at Intel Capital Global Summit

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Intel Capital Invests $62M in 16 Innovative Companies

NEWS HIGHLIGHTS

  • More than 1,000 Intel Capital-funded entrepreneurs and Global 2000 industry executives attended the 15th annual Intel Capital Global Summit, the venture industry’s premier networking and company-building event.
  • Intel Capital expects to invest approximately $355 million this year.
  • A press conference featuring Intel Capital President Arvind Sodhani and the new portfolio CEOs will be available for live viewing at newsroom.intel.com/docs/DOC-6004 on Tuesday, Nov. 4, 2014 from 12:15-1 p.m. PST.

HUNTINGTON BEACH, Calif., Nov. 4, 2014 – Intel Capital, Intel Corporation’s global investment organization, today announced at the Intel Capital Global Summit investments in 16 technology companies. Totaling approximately $62 million, the investments cover a broad spectrum of innovative technologies.

“Intel Capital invests in the technology continuum that runs from wearables and the Internet of Things to big data analytics – and everything in between, including silicon, smart devices, PCs, the cloud and datacenters,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “We are focused on helping innovative companies develop across this technology ecosystem, and we expect to invest a total of $355 million this year.”

Sodhani’s announcement came at the opening of the 15th annual Intel Capital Global Summit. The venture capital industry’s premier networking event convenes more than 1,000 founders and CEOs from Intel Capital’s global portfolio, Global 2000 business executives, and industry influencers for two days of company building. This year, the invite-only event featured distinguished speakers including former U.S. Treasury Secretary Lawrence Summers, Stanford President John L. Hennessy, record-setting polar explorer Ben Saunders and former Federal Communications Commission Chairman Reed Hundt.

The founders of the newest portfolio companies run the gamut from 13-year-old Shubham Banerjee, who has invented low-cost Braille printers for the blind using Legos* and Intel® Edison chips; to Sundari Mitra, a 25-year semiconductor industry veteran who is now running her second startup; to Earnest Earon, a rocket scientist whose new company uses unmanned aircraft and cloud-based software to perform data analytics for agricultural, emergency response and other uses.

More on the new investments, grouped by technology sector:

New Devices/Wearable Computing

  • Avegant* (Redwood City, California), developing the next generation of wearable devices, is bringing to market the Glyph*, a mobile personal theater that uses a micromirror display with built-in premium audio. Glyph raised more than $1 million in its Kickstarter* campaign earlier this year.
  • Braigo Labs Inc.* (Palo Alto, California, U.S.),  founded by 13-year-old entrepreneur and middle schooler Shubham Banerjee, provides scientific and technological services by researching and developing technology-based innovations and services. Its products include Braigo v1.0*, a Lego Braille printer that dramatically reduces the price of a printer from more than $2,000 to $350 for education, teaching and home-use purposes.
  • Eyefluence* (Reno, Nevada, U.S.) transforms intent into action through your eyes. The company’s robust, low-power, eye-tracking technology, with its iUi* interaction model, integrates into any augmented reality or virtual reality head-mounted display (HMD) to provide natural, intuitive eye tracking and control.

Mobility/Wireless

  • AnDAPT* (Santa Clara, California, U.S.) brings a new genre of analog adaptive products for multifunction sensor integration and integrated system power management, enabling enterprise customers to achieve lowest power consumption, smart power management, high integration, high system reliability and lower cost.
  • Audyssey* (Los Angeles, U.S.) is a leader in research-based audio technologies that correct acoustical problems to improve the sound quality of any device or listening environment. The company’s technologies are integrated into mobile apps and devices, TVs, automobiles, PCs and home theater products from industry-leading manufacturers.
  • Incoming Media* (Santa Clara, California, U.S. and Sydney, Australia) is a mobile video platform that uses predictive data analytics and intelligent content pre-loading to learn how a viewer consumes video on a mobile device and delivers a personalized mobile video experience with no interruption.
  • INRIX* (Kirkland, Washington, U.S.) leverages big data analytics and predictive technology to help automakers, corporate fleets, governments and news organizations reduce the economic and environmental toll of traffic congestion.
  • Screenovate Technologies* (Israel) offers mobile solutions that cover entertainment, productivity and education. Among other applications, its technology enables smartphone and tablet users to wirelessly beam movies, games, presentations or other content from their mobile devices to their TVs or other large displays.
  • Thundersoft* (China and Taiwan) is a mobile OS core technology and solution provider that accelerates product development by providing leading technology and services, specifically for Android* smartphone and tablet services. [Investment subject to satisfaction of closing conditions.]

Advancing Microprocessor and SoC Development

  • NetSpeed Systems* (Mountain View, California, U.S.) offers a system-on-chip (SoC) design platform and advanced on-chip network solutions that let SoC architects create designs that are significantly smaller and more power-efficient in a fraction of the usual time.
  • Reno Sub-Systems* (Canada) designs, develops and delivers subsystems used to control process systems made by OEMs, including vacuum-based chambers to deposit and etch specialty materials needed in advanced integrated circuit fabrication.

Big Data and Cloud Infrastructure

  • Gigya* (San Francisco, U.S.) makes a cloud-based customer identity management platform that helps customers turn unknown Web or mobile visitors into loyal and engaged customers.
  • PilotTV* (Taiwan) is a digital signage network operator that designs, deploys and jointly operates digital signage systems for retail venues, operating over 6,000 screens in various channels including convenience stores, fast food chains, drugstores and rapid transit stations.
  • PrecisionHawk* (Raleigh, North Carolina, U.S.) is an information delivery company that uses a small, unmanned aerial vehicle and cloud-based software to collect, process and analyze aerial data. Its solution provides actionable information to clients in civilian industries.
  • Prelert* (Framingham, Massachusetts, U.S.) packages data science into downloadable applications for everyday users. It uses machine-learning predictive analytics to learn the normal behavior patterns of populations of individual users, devices and resources.
  • Stratoscale* (Israel) develops new technology to rethink next-generation data centers. It is building the runtime software infrastructure for scalable computing to help customers use all available computing resources and unify computing and storage across the data center.

In addition, Intel Capital announced Ossia* (Redmond, Washington, U.S.) has joined the Intel Capital portfolio. Cota*, Ossia’s smart antenna technology, redefines wireless power by safely delivering remote, targeted energy simultaneously to multiple devices as far away as 30 feet without line of sight and regardless of whether a device is stationary or moving.

About the Intel Capital Global Summit
The Global Summit is Intel Capital’s pre-eminent technology networking event. The 2014 event brings together more than 1,000 registered attendees from Intel Capital portfolio companies; Intel’s global customers and partners; and industry leaders from around the world. The Intel Capital Global Summit 2014 is sponsored by Credit Suisse; Gibson, Dunn & Crutcher; the Government of Canada; Houlihan Lokey; Kingsley Gate; KPMG; Morrison & Foerster; NASDAQ OMX; Needham & Company; Silicon Valley Bank; Sprinklr; and TriNet.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,400 companies in 57 countries. In that timeframe, 209 portfolio companies have gone public on various exchanges around the world and 363 were acquired or participated in a merger. In 2013, Intel Capital invested US$333 million in 146 investments. As of Oct. 31, 2014, Intel Capital has invested $344 million in 120 investments including 55 new deals. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.

Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

16 New Investments Announced at Intel Capital Global Summit

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Intel Capital Invests $62M in 16 Innovative Companies NEWS HIGHLIGHTS More than 1,000 Intel Capital-funded entrepreneurs and Global 2000 industry executives attended the 15th annual Intel Capital Global Summit, the venture industry’s premier networking and company-building event. Intel Capital expects to invest approximately $355 million this year. A press conference featuring Intel Capital President Arvind … Continued

The post 16 New Investments Announced at Intel Capital Global Summit appeared first on Intel Newsroom.

Fossil Group and Intel Announce Collaboration to Develop Innovation in Wearable Technology

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Richardson, TX. September 5th, 2014 – Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) and Intel Corporation (NASDAQ: INTC) announced today that they will be collaborating to further develop wearable technology for the fashion industry.

Fossil Group, a global design, marketing and distribution company specializing in fashion accessories will partner with Intel, a leader and innovator in the technology industry, to identify, support and develop emerging trends in the wearable technology space. The companies will work together on emerging products and technologies that will be developed for the fashion-oriented consumer. Fossil Group is committed to being a leader in the space and its work with Intel will enable iconic fashion brands within the Company’s portfolio to participate in wearable technology in a fashionable way.

Kosta Kartsotis, Chief Executive Officer of Fossil Group, commented: “We are very excited about collaborating with Intel and working to develop the next innovation in the emerging wearable technology space. Combining our fashion lifestyle brands with Intel’s expertise in technology, hardware and innovation will position us to be a leader in this segment.”

Mike Bell, Vice President of Intel and General Manager of the New Devices Group, said: “The combination of Intel’s technology and Fossil Group’s ability to design innovative fashion accessories and to create, market and distribute globally is why we are confident about this initiative. We are focused on identifying trends and emerging uses of technology and accelerating wearable technology innovation worldwide.”

In addition, Fossil Group will work closely with Intel Capital, Intel’s global investment organization, to identify and evaluate co-investments in emerging technologies to accelerate industry innovation and stay at the forefront of the wearable consumer trend. Intel Capital has invested in a wide range of start-ups in the wearables space, including Thalmic Labs and Basis.

Safe Harbor
Certain statements contained herein that are not historical facts, including future earnings guidance, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: changes in economic trends and financial performance, changes in consumer demands, tastes and fashion trends, lower levels of consumer spending resulting from a general economic downturn, shifts in market demand resulting in inventory risks, changes in foreign currency exchange rates, and the outcome of current and possible future litigation, as well as the risks and uncertainties set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 28, 2013 filed with the Securities and Exchange Commission (the “SEC”).

About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing and distribution company that specializes in consumer lifestyle and fashion accessories. The Company’s principal offerings include an extensive line of men’s and women’s fashion watches and jewelry sold under a diverse portfolio of proprietary and licensed brands, handbags, small leather goods, accessories and clothing. The Company’s products are sold to department stores, specialty retail stores and specialty watch and jewelry stores in the U.S. and in approximately 150 countries worldwide through approximately 25 Company-owned foreign sales subsidiaries and a network of over 60 independent distributors. The Company also distributes its products in over 550 Company-owned and operated retail stores, through its international e-commerce websites and through the Company’s U.S. e-commerce website at www.fossil.com. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.

Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

*Other names and brands may be claimed as the property of others.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,370 companies in 56 countries. In that timeframe, 207 portfolio companies have gone public on various exchanges around the world and 354 were acquired or participated in a merger. In 2013, Intel Capital invested US$333 million in 146 investments with approximately 49 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.

Fossil Group and Intel Announce Collaboration to Develop Innovation in Wearable Technology

by

Richardson, TX. September 5th, 2014 – Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) and Intel Corporation (NASDAQ: INTC) announced today that they will be collaborating to further develop wearable technology for the fashion industry. Fossil Group, a global design, marketing and distribution company specializing in fashion accessories will partner with Intel, a leader and innovator … Continued

The post Fossil Group and Intel Announce Collaboration to Develop Innovation in Wearable Technology appeared first on Intel Newsroom.