Intel’s worldwide investment arm Intel Capital is to invest, in total, more than USD60m in eight startups, it has announced. The funding deals, primarily made with US firms, include a lead investment as part of Veoh video site’s new USD30m Series D funding round. The deals follow Intel Capital’s investment last month in Malaysian WiMAX firm Green Packet.
The eight startups to benefit from the new funds are e-commerce fraud management system Accertify, efficient energy software firm Grid Net, health and lifestyle video network HealthNation and Czech-based European online retailer, Internet Mall. Also receiving funds will be software as a service (SaaS) firm TOA Technologies, Latin American social network platform Vostu and India-based online education firm Vriti Infocom.
The funding was announced at Intel Capital’s ninth annual CEO Summit in San Francisco.