Intel Capital invests in Nirvanix

Intel Capital invests in Nirvanix
Intel Capital is the venture-capital division of the microprocessor giant Intel.

The company has now revealed that they have invested in Nirvanix.

Nirvanix is based in San Diego and offer scalable online storage solutions.

Intel did not reveal the amount they have invested in this company. They are expected to benefit from their Nirvanix Web Services.

Nirvanix Web Services provide third party developers with solutions to incorporate the online storage service in their applications.

Nirvanix has some other high profile investors including Mission Ventures, Valhalla Partners, and Windward Ventures.

Venture Beat Says
Nirvanix, a San Diego, Calif. storage startup, has received an investment for an amount in the “mid-single digit millions” from Intel Capital, according to the company’s CEO.

That follows an investment of $12 million two months ago, at which point the company said it had signed on 40 customers. Nirvanix directly competes with Amazon’s S3, a remote storage and delivery service for online applications like video.

For a point-by-point comparison of some features Nirvanix offers in its effort to differentiate itself from Amazon, check out the company’s own list, located here.