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Intel invests $30 million in three cloud computing startups

February 05, 2019 / Tech Observer Desk

Weeks after making investments in startups like Fortanix and Pliops, the Intel Capital announced on Monday that it was investing in Catalytic, a four-year-old company that helps enterprise customers process data faster and more accurately by coordinating people, bots and artificial int The cloud has been one of the most transformative trends in enterprise computing – boosting productivity, cutting costs and creating flexible environments. But cloud adoption still faces momentous challenges, including security risks and an exponential rise in computing complexity. That’s why we’re pleased to announce new investments in three exceptional companies that will help overcome these challenges,” said Mauro D’Amato and Sunil Kurkure, investment directors at Intel Capital.elligence. Now, the company collective investments in these three companies stood at $30 million.