Six Telecom Startups receive $26 Million Investment from Intel


Intel, The Santa Clara chip giant has invested $26 Million in 6 mobile startups, including two from Silicon Valley. The startups that received the funding are CloudMade Inc., InVisage Technologies Inc., Borqs Ltd., Kaltura Inc., Secure Key Technologies Inc., and Vision OSS Solutions. These startups work in business verticals like mobile phone hardware, software and application companies.
The decision to invest in startups was announced by the company on Monday at Mobile World Congress in Barcelona, Spain. Even though they did not disclose the specific amount invested in each startup.
CloudMade Inc. and InVisage Technologies Inc. are both based in Menlo Park. Borqs is China-based, Kaltura is based out of New York, SecureKey is located in Toronto, and VisionOSS in the U.K.


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