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Short Take: Intel opens its wallet

StarMedia Network, a Latin American online network, has closed a $12 million round financing. Investors included Intel, BancAmerica Robertson Stephens' Bayview Investors, Flatiron Partners, and Chase Capital Partners. Intel also made an investment in WebLogic, a developer of Java technologies. The amount of that investment was not disclosed.

StarMedia Network, a Latin American online network, has closed a $12 million round financing. Investors included Intel, BancAmerica Robertson Stephens' Bayview Investors, Flatiron Partners, and Chase Capital Partners. Intel also made an investment in WebLogic, a developer of Java technologies. The amount of that investment was not disclosed.