Intel Capital Invests $62M In Tech Startups, 3 Israeli Companies

November 5, 2014 | Intel Capital, the venture capital arm of Intel, will invest $62 million in 16 tech startups, at least three of which are Israeli founded and run. The three Israeli startups include Screenovate, Gigya and Stratoscale. Screenovate offers mobile solutions for entertainment, productivity and education sectors and is headquartered in Jerusalem. Gigya, the cloud-based customer identification platform founded by Israelis Rooly and Eli Eliezerov, received a $35 million investment. Stratoscale, a company rethinking next-generation data centers, also received a heafty sum, $32 million in a financing round led by Intel Capital. Intel Capital is set to invest up to $355 million in technology startups this year.