Tag: Intel Capital

Prism Skylabs, a two-year-old startup founded by Ron Palmeri and 3VR's Steve Russell today announced a $15 million Series B funding round led by Intel Capital, Intel Corporations' investment and M&A business. The round included investments from Presidio Ventures, Triangle Peak, Data Collective, Expa, and some existing investors, Russell told me. Prism Skylab is a cloud service that transforms any video camera “into visual merchandising, auditing and business intelligence tool that can be accessed...

PALO ALTO, Calif.—IControl co-CEOs Jim Johnson and Paul Dawes said they were originally looking for a $30 million investment, but there was so much interest that they got $50 million. They even turned away some investors whose interests didn't align with iControl's strategy, they said. “There was more interest in investing than we anticipated,” Dawes told SSN on June 20. The success of the round is due to the successful roll out of ADT's Pulse product, the recent iControl/Comcast...