Telligent raises $20 million from Intel Capital
Telligent, a Dallas-based maker of social computing solutions and business intelligence tools, has raised $20 million in venture funding from Intel Capital.
Intel Capital, the investment arm of Intel Corp., said Wednesday that it will invest $$23 million in three Indian companies in areas ranging from online marketing to education.The investment comes as Intel's revenues are shrinking and the global credit crunch has made funding, even to relatively fast-growing countries like India, increasingly scarce.