Intel Capital invests in 2 Indian companies
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2013-10-23

Intel Capital invests in 2 Indian companies

Intel Capital, venture arm of Intel Corporation has announced its investments in 2 Indian companies that were among 16 companies across various categories including cloud computing to data centre, mobile and consumer services.

Intel Capital, venture arm of Intel Corporation has announced its investments in 2  Indian companies that were among 16 companies across various categories including cloud computing to data centre, mobile and consumer services.

 

The announcement came during the 14th Annual Intel Capital Global Summit where it announced that it has invested a total of USD 65 Mn combined in 16 companies.

 

Mumbai based Perpetuuiti, a disaster recovery management firm and Bangalore based Savaari are among the companies in which Intel Capital has announced investments. However details of investment amount in each company have been left undisclosed at the current point of time.

 

Perpetuuiti offers real-time visibility and “availability management” of business continuity planning/disaster recovery (BCP/DR) infrastructure. The “continuity platform” fully automates BCP/DR processes and brings visibility tied to business impact, allowing single click BCP/DR invocation.

 

Its products work with a variety of complex heterogeneous IT environments, orchestrating continuity and recovery procedures for virtual and physical computing resources across data centers.

 

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