Intel Capital Investing $125 Million In Businesses Led By Women And Minorities

Forbes magazine states that only 15% of early stage companies have a woman on the executive team according to a 2014 report from Babson College and the numbers are even lower for African-American and Hispanic executives of either gender.

Intel has pledged to do something about that. In January Intel announced its Diversity in Technology Initiative and today Intel Capital launched the Intel Capital Diversity Fund, which will invest $125 million in businesses led by women and underrepresented minorities. Initial fundees are Brit + Co, CareCloud, Mark One, and Venafi. See how you can get in on the action here…

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