The corporate venturing unit of chip maker Intel has backed US-based cloud computing provider Virtustream’s $10m round.

Intel Capital joined other existing investors in the round, including venture capital funds Columbia Capital and Noro-Moseley Partners, and TD Funds, the mutual funds division of Canada-based investment firm TD Asset Management.

These investors as well as venture firm Blue Lagoon Capital contributed to Virtustream’s series A round,  which was initially closed at $39.6m…

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