Intel Capital invests about $15 Million in 3 start-ups
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Bangalore: Intel Capital has invested about $15 million three U.S. based start - Caring.com, SmartZip Analytics and Virtustream. San Mateo based Caring.com, is an online platform for people who take care of elders and fits into Intel's focus on digital health. SmartZip Analytics, based in Pleasanton, has investment ratings and analysis on 70 million U.S. residential properties. It is used by homebuyers, investors and realtors to find the best properties. Virtustream is an infrastructure services company that enables companies to implement enterprise clouds, or web-connected server infrastructure. "Technological innovation is an important driver for growth across all economies," said Arvind Sodhani, President of Intel Capital and Intel Executive Vice President. "New ideas require an ecosystem to take root and grow to encourage the formation of new businesses and creation of new industries. These three investments, ranging from IT infrastructure to digital health and the consumer Internet, reflect the core emphasis Intel Capital places on cultivating the most promising areas of innovation to foster the development of the technologies of tomorrow."

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