BlueStacks, a US-based mobile applications service provider, has raised about $1m from Intel Capital, the corporate venturing unit of the eponymous chip maker.
Founded in 2009, BlueStacks said it had in aggregate raised $15m from Intel and chip peer Qualcomm as well as venture capital firms Andreessen Horowitz, Radar Partners, Redpoint and Ignition Partners.
In April 2012, Qualcomm joined New York-listed chipmaker AMD and technology company Citrix Systems, which both last October helped BlueStacks raise $6.4m. This took its then-total to $14m raised during its history.
After Intel Capital’s investment, Bluestacks said it would now be “optimized for hardware running Intel chips”.
Rosen Sharma, chief executive of BlueStacks, said: “There are huge benefits to working closely together as we can engineer BlueStacks products to work exceptionally well on Intel-equipped devices.”
Dave Flanagan, managing director of Intel Capital, added: “Bluestacks technology is a key catalyst for us in enabling mobile apps to run on any type of device.”
Intel Capital has made recent investments in mobile app developers Animoca and Crowdstar.