Intel invests $24million in software ecosystem

The deals, which total more $24million, include new investments in enterprise cloud automation software provider DynamicOps; building management software provider enLighted, real time analytics provider Guavus; Platform as a Service for commerce company IP Commerce; and social games analytics service provider Swrve New Media. Intel Capital also recently closed follow on investments in predictive analytics company Revolution Analytics and cloud based media streaming service Gaikai. All seven companies have developed innovative technologies related to key initiatives of Intel's software strategy. "The best computing experiences unite leading edge hardware with amazing software," said Arvind Sodhani, president of Intel Capital and Intel executive vp. "These investments in best of breed software vendors play an integral part in Intel's software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage agnostic approach to investing in support of this ecosystem."