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Sweet 16: Intel Capital Invests $62 Million In These Startups

Intel's venture capital arm recently revealed its investment in 16 new companies, ranging from the microprocessor and mobility worlds to big data and wireless.

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Intel Capital is rounding out the year having spent $344 million on companies with plans to spend about another $10 million by year-end.

At the corporate venture capital firm's annual Global Summit, which recently wrapped its two-day run in Huntington Beach, Calif., news came that the company spent $62 million on 16 new startups ranging from the microprocessor and mobility worlds to big data and wireless.

"It's a very broad range, [a] very big area and we're investing in the entire continuum there," said Intel Capital President and Intel Executive Vice President Arvind Sodhani.

The startups join a portfolio that totals nearly 400 companies, with Intel Capital investing at a rate of roughly 55 companies annually.

The portfolio so far this year has seen three IPOs and 19 M&As, down slightly from the 30 to 35 M&A deals it typically sees.

Click through to see which companies managed to nab the attention of Intel Capital decision-makers.

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