Cisco Invests $15M In RPeV

[Techtaffy Newsdesk]

Cisco has invested $15 million in the venture capital fund Redpoint Brazil, RPeV, a joint venture between Silicon Valley-based venture capital firms Redpoint and BV Capital/ The locally managed and operated RPeV fund is based in Sao Paulo, Brazil. The fund closed  $130 million on July 19th, with Cisco committing $15 million.

The new venture capital fund will focus on early-stage investments in Brazil, a key market for Cisco.

You may also be interested in:

Cisco To Invest $546M In Various Brazilian Initiatives

Categories:   Companies


Leave a Reply