Intel Capital has created a $100m fund that aims to accelerate the development of software and applications to bring new experiences across the spectrum of Intel® architecture platforms.
The Intel Capital Experiences and Perceptual Computing Fund will invest over the next 2-3 years in companies developing applications including broader touch applications, imaging, gesture, voice and emotion sensing and biometrics, among others.
It will complement the existing $300m Intel Capital Ultrabook Fund, which has invested in innovative system component technologies in areas such as audio, touch, battery, display, sensor and wireless connectivity.
Commenting on the announcement, Arvind Sodhani, president of Intel Capital and Intel executive vice president, said: “This new fund will invest in start-ups and companies enabling these experiences, helping them with the business development support, global business network and technology expertise needed to scale for worldwide use“.
FinSMEs
04/06/2013