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Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio , which helps plan hybrid in-person and virtual events. Indy VC firm Sixty8 Capital launches $20M fund aimed at underrepresented founders. The two companies did not share the purchase price.
Cisco announced on Friday that it’s acquiring Israeli applications-monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications-monitoring portfolio. Cisco to acquire internet monitoring solution ThousandEyes.
Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security , the third company it has purchased this week. Cisco plans to take that technology and integrate into its SecureX platform. Cisco has had a busy week on the acquisition front.
This initiative unites a group of organizations dedicated to providing funding, expertise, tools, and technology to support the Global Humanitarian ISAC mission of enhancing cybersecurity for global humanitarian and conservation nonprofits.
Members include Apple, Cisco, Dell, Google, Microsoft, AMD, Intel, IBM, Nvidia, Qualcomm and Samsung, just to name a few. The Semiconductors in America Coalition (SIAC) is a cross-sector alliance of companies that are putting their differences aside for the greater good.
The new capital infusion gives Miro $476 million in total funding since the company was founded in 2011 by Andrey Khusid and Oleg Shardin. And now today, the company announced its largest round to date, $400 million in a Series C that propels its valuation to $17.5 However, with statistics showing that 53% of the U.S.
In an email interview with TechCrunch, CEO Simon Taylor said that the proceeds will be put toward expanding HYCU’s 300-person team with a particular focus on customer success and partnerships as well as funding the development of new products and services, including a software-as-a-service product.
Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a $225 million early-stage fund, and Opportunity Fund II, a $115 million funding investing in later rounds of portfolio companies. Each fund since then has been better than the one before it, he added.
While working alongside corporate social responsibility and innovation teams was part of our initial long-term vision, the immediate interest and active participation from the likes of Cisco, Google, HP, ThoughtWorks, and VMware has been tremendous, with very real impact.
New investors DTCP, Cisco Investments and Databricks also invested in this round, together with existing investors YL Ventures, Bessemer Venture Partners, Microsoft’s venture fund M12, U.S. This new round brings Hunters’ total funding to date to $118 million, including last August’s $30 million Series B.
With Dave Evans - Futurist At Cisco. ” Next up was Dave Evans, Chief Futurist at Cisco. I just spent two amazing days at the Social Innovation Summit 2013 , a cross disciplinary crowd of people who work on social good in the areas of technology, investment, philanthropy, international development, and business.
L’Attitude Ventures announced today that it has closed on its first institutional fund, raising more than $100 million from several financial services heavyweights, including a “strategic anchor investment” from JPMorgan Chase. as well as serves as an independent trustee on Fidelity’s Equity & High-Income Funds Board. .
TechSoup Global has a clearly defined goal of providing nonprofits, charities and libraries with modern, discounted copies of today’s hottest Adobe, Microsoft, Cisco and Intuit products. TechSoup Global. According to their website, TechSoup Global offers free blogs, webinars, and forums to educate nonprofits on how to utilize technology.
He has had a 20+-year career in enterprise technology, holding senior marketing roles at Facebook, Google, Cisco and several startups. However, after putting all that work in, many founders make the mistake of letting a funding moment pass by without extracting all the value they could have. and Europe.
Mio , a startup that helps enterprise teams collaborate across messaging services like Zoom Chat, Microsoft Teams, Slack and Cisco’s Webex, today announced that it has raised an $8.7 million Series A funding round. The round was led by Zoom and Cisco Investments. ”
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.
How Cisco keeps its startup acquisition engine humming. Ron Miller interviewed three Cisco executives to learn more about the company’s “rich history of buying its way to global success”: CFO Scott Herren. Derek Idemoto, SVP for corporate development and Cisco investments. startup funding events.
The six-year-old startup’s product, which began its journey in India, is today used by more than 17 million developers and over 500,000 organizations, including Microsoft, Salesforce, Stripe, Shopify, Cisco and PayPal. We are solving a fundamental problem for the technology landscape.
This funding round saw participation from Safe Security’s existing investors, including former Cisco chairman and chief executive John Chambers, and brings the total amount raised by Safe Security to $49.2
The project is training 300 NGOs in Jordan , Lebanon , Tunisia , Morocco , and other Arab countries to become networked ngos and use social media for civil society goals. A true public/private partnership, the funding partners include Microsoft and craiglist Charitable Fund. I’d like to share some of these below.
10 key lessons about tech mergers and acquisitions from Cisco’s John Chambers. Her role includes gathering and analysing data on SOSV portfolio companies and syndicate investors, managing the funds’ databases and CRM, and reporting SOSV’s quarterly investments to external data providers. More posts by this contributor.
And along with its public launch, Redacted is announcing $35 million in funding to expand its business. It brings the total raised by Redacted — which it specifically styles “[redacted]”…with brackets — to $60 million, including a previous funding of $25 million. Marine Corps, U.S.
VergeSense, a startup that uses machine vision to help businesses better understand how their office spaces are being utilized, today announced that it has raised a $12 million Series B funding round led by Tola Capital. These include the likes of Shell, Quicken Loans, Roche, Cisco and Telus. Image Credits: VergeSense.
million Series E funding round co-led by Alphabet’s independent growth fund CapitalG, which also led the company’s $50 million Series D round in 2020 , and Paladin Capital Group, which led Expel’s Series A round in 2016.
And today, a startup that’s helping companies connect with a wider range of designers and other creatives to meet that demand is announcing a round of funding to fuel its business growth. Prosus Ventures and Lugard Road Capital are co-leading the round, with previous investors Slack Fund and Acequia Capital also participating.
They may have shaken loose some early funding. Often, they’re assessing what established tech vendors like Microsoft, Oracle and Cisco can provide — and they may find their solutions wanting. At this stage, the corporate customer has already discovered some internal problem or use case that the technology might address.
As evidenced by the larger and larger funding tranches, investors believe that there’s a sizeable market for real-time databases. Thoma Bravo led Imply’s round with participation from OMERS Growth Equity, Bessemer Venture Funds, Andreessen Horowitz, and Khosla Ventures. billion post-money.
million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated. Panaseer , which takes a data science approach to cybersecurity, has raised $26.5
We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. The Challenge ran for six weeks through December 5th. We did very well, and with the Skoll Foundation’s matching support, each gift to our campaign more than doubled its impact.
The startup has today announced closing a $3 million pre-seed funding to accelerate this growth. To date, Qureos has attracted over 25,000 trainees, 200 mentors from big-tech companies like Google, Cisco and Amazon, and 300 business partners that are using its platform to complete tasks.
Shabodi raised $3.375 million in seed funding to enable enterprises, system integrators and telecommunications companies to accelerate the development and deployment of next-generation applications on 5G. Shabodi raised a $200,000 pre-seed round earlier this year led by Forum Ventures and former Cisco and Yahoo executives.
Xeround was founded in 2005 by Sharon Barkai – founder of Sheer networks, which was eventually sold to Cisco , and Dr. Gilad Zlotkin – founder of Class Data, also sold to Cisco. funds and recruit the single largest investment of the company, nearly $16 million. What happens when you over-pivot. Yarkoni managed to secure two U.S.
Cisco’s latest results indicate a reckoning may soon be at hand. Is networking leader Cisco in the doldrums? Cisco’s latest results indicate a reckoning may soon be at hand. ?Why .” IP and cybersecurity disputes are top legal concerns for tech companies. Image Credits: Bloomberg / Getty Images.
Events — when they haven’t been cancelled altogether in the last 12 months due to the global health pandemic — have gone virtual and online, and a wave of startups that are helping people create and participate in those experiences are seeing a surge of attention — and funding.
AutoRabit , which provides CI/CD tools for Salesforce customer dev teams, today announced that it raised $26 million in a Series B funding round led by Full In Partners, bringing the startup’s total raised to $52.5 For its part, AutoRabit claims to have 400 customers, with a special concentration in regulated industries.
Today, a London-based startup called Veed that’s built an online-only, web-based platform for all those video creators to edit and publish their work is announcing $35 million in funding to double down on strong demand. Cisco estimates that in 2021, video accounted for 82% of all online traffic.
According to PitchBook, consumer fintech is on pace to attract a record amount of venture funding in 2020, at least in North America and Europe. Nash didn’t reveal many details in the post or later on Twitter , saying he’ll have more to say when the company is closer to launching. Nash is also riding a very big wave.
Amy Chang (EVP at Cisco & Disney board member), Ellen Levy (early investor in Outreach), Jake Seid (early investor in Brex & Carta), and Krish & Raman (the founders of unicorn SaaS firm Chargebee) also participated in the round. The startup announced on Tuesday that it has raised a seed round of $2.8
The company claims between 8x and 13x better performance than competitive products from companies like Nutanix, VMware, Cisco and others. Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding.
Fabric , a five-year-old company providing composable API-driven technology for digital commerce, secured $140 million in Series C funding on a $1.5 The new capital gives fabric $293 million in total funding raised to date. Masud attributes the quick succession in funding rounds to fabric’s “substantial growth,” much of it organic.
It’s a paradigm that caught the eye of investors, with Digital Alpha Advisors, a long-time telecom VC with close ties to Cisco, investing $185 million into the company in equity as well as a debt facility in exchange for revenue share (sort of the hardware version of SaaS securitization ).
AllRight was founded by Oleg Oksyuk, and the team is comprised of people drawn from 51Talks, SkyEng, Cisco and Yandex. The app has obviously benefited from the fact that many lessons in schools are now conducted virtually due to the pandemic.
Today, an Israeli startup called Rezilion that is doing just that — building automation tools for DevSecOps, the area of IT that addresses the needs of security teams and the technical work that they need to do in their jobs — is announcing $30 million in funding. Previously, the company had raised $8 million.
.” Before starting Grip Security, co-founder and CEO Lior Yaari actually spent some time as the CTO of YL Ventures (though he says he still had to go through the firm’s standard vetting procedure to get funding). Like his co-founders, Idan Fast (CTO) and Alon Shenkler (VP R&D), Yaari also has a deep cybersecurity background.
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