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This article was published on October 3, 2012

These are the 10 companies that Intel Capital is investing a total of $40m in

These are the 10 companies that Intel Capital is investing a total of $40m in
Josh Ong
Story by

Josh Ong

Josh Ong is the US Editor at The Next Web. He previously worked as TNW's China Editor and LA Reporter. Follow him on Twitter or email him a Josh Ong is the US Editor at The Next Web. He previously worked as TNW's China Editor and LA Reporter. Follow him on Twitter or email him at [email protected].

Intel Capital announced on Tuesday that it is investing $40 million in 10 different technology companies. By backing startups from India, China and Brazil, Intel Capital is sowing its seed widely in emerging markets, though it’s also betting on cloud service companies in the US.

Here’s a quick look at the group:


Arguably the most recognizable company on the list, Box provides secure file sharing and document collaboration. Last month, it launched a Box Accelerator network to quicken uploads on its service. Interestingly, Box was started out of a dorm room in 2005 by then-student entrepreneurs Aaron Levie and Dylan Smith.

Previous backers include: venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson (DFJ), Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners, and U.S. Venture Partners, and strategic investors and SAP. A recent round of funding by Box concluded in July valued the company at between $1.2 to $1.5 billion.

Hungama distributes and sterams Bollywood and other South Asian content such as music and movies. Earlier this year, Google licensed some of its content for YouTube to go along with new support for several Indian languages. The company also operates Bollywood Hungama, a new portal for the Indian film industry.

See also: Emerging markets: Will technology deliver the promise?


Intel’s core chip-making business likely lines up quite well with FocalTech, an integrated circuit design house. The company specializes in development of “DSP algorithm and mixed-signal circuit design for touch controlling and display applications,” such as a capacitive touch controller IC and a TFT-LCD driver IC.

In February, FocalTech announced a partnership with Intel rival NVIDIA to collaborate on improving mobile touchscreen devices.


Timed to coincide with Intel Capital’s announcement, “user-controlled radio” startup Jelli has revealed that it completed a $9 million round that also included Relay Ventures. Both Intel Capital and Relay Ventures are taking seats on the Jelli’s board.

Jelli’s platform has 70 affiliates across the US and it boasts approximately 2 million listeners per month, up 250 percent over the past year. Earlier investors include: First Round Capital and former EMI Music chairman Roger Ames.

LIFO Interactive

LIFO makes and publishes social games and platforms. Its titles include “Olympic Games City”, “Train City”, “Salad Toss”, “Pirate Commander” and “Penguin Almighty”. The startup raised $500,000 in angel investment from Stonebridge Capital in 2010.


Last year, we profiled NewAer’s ToothTag app as one of six Los Angeles startups you needed to know about. ToothTag takes advantage of the company’s proximity platform technology to provide contextual actions based on what bluetooth devices are around your smartphone.


Brazilian e-payment provider PagPop is giving Square a run for its money in Latin America. The startup made the Rio De Janeiro finals of The Next Web’s Startup World competition last month, but it ultimately lost out to Crossfy.

Tier 3

Bellevue, Washington-based Tier 3 offers enterprise cloud services. Its virtual private cloud products include infrastructure and platform as a service (IaaS and PaaS) tools into one platform.

See also: Cloud startup Tier 3 gets serious about enterprise PaaS


Transmension is a 3D game developer. The company’s website was down at the time of writing, but  it boasts more than 400 “non-flash games”.


Chinese mobile advertising firm UUCun is aiming to become the country’s largest mobile advertising network. The company received more than a million dollars in funding from Innobridge Venture Fund in 2009.

Image credit: INDRANIL MUKHERJEE / AFP / Getty Images