Intel Capital becomes first institutional backer of online phone operator Nymgo less than a year after selling Jajah for $207m.
Intel Capital, the corporate venturing unit of semiconductor company Intel, has become the first institutional investor in Nymgo three years after its lead investment in online phone peer Jajah.
Intel has invested an undisclosed sum in Nymgo’s series A round, which is expected to add further strategic and financial investors by the end of the year.
Omar Onsi, founder and chief executive of Nymgo, is attending the Intel CEO Summit between 15 and 17 November, after the investment was…