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Tom Raftery's Library tagged "Intel Capital"   View Popular, Search in Google

Jul
31
2009

Intel Corp's global investment arm Intel Capital is actively looking at additional investments in cleantech companies and could announce more deals this year, a senior executive said on Wednesday.

"We are actively looking at companies," said Steve Eichenlaub, head of Intel Capital's cleantech investments.

"In this environment where a lot of venture capitalists had to pull back, for whatever reason, ... we are seeing more companies come our way as our doors are open," he added.

Intel Capital said earlier on Wednesday that it has invested about $10 million in five cleantech companies, including energy efficiency company CPower and Grid Net, which builds software for smart meters.

intel intel capital cpower grid net smart meters GreenNumbers

Green computing company Convey Computer Corporation has closed $24.15m in Series B financing. The round of funding was led by new investor, Braemar Energy Ventures. Series A investors CenterPoint Ventures, Intel Capital, InterWest Partners, Rho Ventures, and Xilinx also participated.

Additionally, the company has announced two new board members in Jiong Ma, PhD, of Braemar Energy Ventures and Joshua Ruch of Rho Ventures.

Convey Computer Corporation Braemar Energy Ventures GreenNumbers CenterPoint Ventures Intel Capital InterWest Partners Rho Ventures Xilinx

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