Intel Capital splashes out another $60 million

CHIPZILLA'S MONEYMEN announced eight investments totaling more than $60 million to kick off Intel Capital's CEO Summit in San Francisco yesterday.

The four-day meeting at the tony Fairmont Hotel attracted some 600 chief executives from companies in the chip giant's global investment portfolio as well as executives from some of the 2,000 largest global companies. Intel is a huge source of venture capital in its own right as well as brokering ideas and contacts between IT and high-tech startups and its many planetary nebula of suppliers and customers.

The new investments that Intel Capital announced include those in:

Vriti Infocom (India) - online education
Internet Mall (Czech Republic) - online retailing
Accertify (US) - online security
TOA Technologies (US) - workforce management software
Grid Net (US) - smart grid energy efficiency
HealthiNation (US) - online healthcare
Vostu (US) - Latin American social networking
Veoh Networks (US) - online video

The microchip manufacturer also headlined its other recent investments in Malaysia's Green Packet Wimax venture and Bangladesh's Grameen microbanking social and economic development organisation. It didn't say much about China. µ

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