The Enterprise Goes High-Tech (And VCs Like It)

Oracle may have grabbed headlines with its $9.3 billion takeover of NetSuite earlier this week, but another technology giant is also making big moves in its investment game. Intel Corporation’s VC arm, Intel Capital, made not one but two of the largest venture capital investments this week, both of which landed at startups using high-tech Software-as-a-Service solutions for the enterprise. The SaaS segment scored the highest volume of venture capital, but investors across Asia were particularly active, with half of the investments coming from this region, including a whopping $125 million private equity investment in an Indian logistics firm. We break down the investment activity below. Alternative Lending Funding Societies Singapore’s Funding Societies, which positions itself as a “peer-to-business” lending marketplace, announced a $7.45 million funding round led by Sequoia…

Link to Full Article: The Enterprise Goes High-Tech (And VCs Like It)

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!