Category Archives: Intel Capital

Pixeom raises $15M for its software-defined edge computing platform

Pixeom, a startup that offers a software-defined edge computing platform to enterprises, today announced that it has raised a $15 million funding round from Intel Capital, National Grid Partners and previous investor Samsung Catalyst Fund. The company plans to use the new funding to expand its go-to-market capacity and invest in product development. If the Pixeom name sounds familiar, that may be because you remember it as a Raspberry Pi-based personal cloud platform. Indeed, that’s the service the company first launched back in 2014. It quickly pivoted […]

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Chicago RPA startup Catalytic hauls in $30M Series B

Robotics Process Automation (RPA) is as hot as any enterprise technology at the moment, as companies look for ways to marry their legacy systems with a more modern flavor of automation. Catalytic, a startup from the midwest is putting its own flavor on RPA, aiming at more unstructured data. Today it was rewarded with a $30 million Series B investment. The investment was led by Intel Capital with participation from Redline Capital and existing investors NEA, Boldstart and Hyde Park Angel. Today’s round brings the total raised […]

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Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack self-driving software system for automobile manufacturers, is raising at least $500 million in equity funding at more than a $2 billion valuation in a round expected to be led by new investor Sequoia […]

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