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    Friday, March 9, 2007

    ElephantDrive Gets Funding From Intel


    Los Angeles-based ElephantDrive, a company that uses Amazon's S3 storage service to provide online storage and backup services, has quietly raised a round of funding from Intel. The firm targets its online storage services for photos, music, videos, and other files. Emails to ElephantDrive as of press time were unreturned, however sources at Intel Capital confirmed the investment. The initial investment by Intel in the firm was November 3 of last year, according to Intel's web site.
    posted on Friday, March 9, 2007 (Link to more information)

    Related companies:
    ElephantDrive

    Related stories:
    > ElephantDrive Targets Xdrive Users
    > ElephantDrive Scores Win At Netgear
    > Intel Invests in Staccato Communications
    > Cymer Gets $20M From Intel
    > Intel, CinemaNow Partner

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