Intel Capital Invests $25M In Three Israeli Startups

August 3, 2016 | Intel Capital, the global investment arm of the US-based chipmaker Intel Corp., has invested in three additional Israeli startups, Velostata, Panoply.io and Sedona Systems, for a total of $25 million, the company said in a statement. Along with other participating investors, Intel Capital led all three rounds in the companies. In this wave of funding, Panoply.io raised $7 million in Series A, while Sedona Systems and Velostrata raised $13.6 million and $17.5 million in Series B rounds respectively. This latest investment by Intel Capital brings the total funds invested in Israel to more than $345 million in more than 80 Israeli companies since 1997.