Startups from California have walked away with bulk of the 16 new investments totaling $62 million from Intel Capital, illustrating Silicon Valley’s lead in attracting top ventures, amid the startup boom in capitals across the globe.
Two Asian companies made the cut – Pilot TV from Taiwan and Thundersoft (China and Taiwan) – and were joined by two startups from Israel – Stratoscale and Screenovate Technologies – and along with Canada’s Reno Sub-systems, constitute the five companies from outside the US that will receive funding from Intel Capital, the investment arm of Intel Corporation.
