Investors
NeuString is a privately held company funded by a number of private and institutional investors.
All of NeuString’s investors have been active in the telecommunications industry for decades.
Among the list of investors are:
Intel Capital, Intel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$10 billion in over 1,140 companies in 50 countries. In that timeframe, 191 portfolio companies have gone public on various exchanges around the world and 268 were acquired or participated in a merger. In 2010, Intel Capital invested US$327 million in 119 investments with approximately 44 percent of funds invested outside the United States and Canada. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.
Mandated by the Kuwait Council of Ministers with a clear strategy and a fully owned subsidiary of the Kuwait Investment Authority (KIA), National Technology Enterprises Company (NTEC) was created to play a vital role in servicing major stakeholders in Kuwait with their technology needs. NTEC's business model is that of a Technology Projects Development company utilizing investment tools such as Private Equity, Venture Capital and Direct Investments to initiate and stimulate technology projects in Kuwait and the local region. NTEC is capitalized at 45 Million Kuwaiti Dinars (Approximately 155 Million U.S. Dollars) with over 23 direct international investments and 10 VC funds across three main sectors; Life Sciences, ICT and Energy & Clentech. For more information on NTEC please visit http://www.ntec.com.kw/.
