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Cisco invests $15 million in Israeli storage company Elastifile

Cisco Investments has invested $15 million in Israeli storage company Elastifile. The latest investment brings the total funds raised by Elastifile to $50 million to date.

Elastifile was founded in 2013. Investors in the company include Battery Ventures and Lightspeed Venture Partners. The company is headquartered in Herzliya, Israel, with a Marketing & Sales office in San Jose, Calif.

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Saudi Arabia’s internet usage hits 99% in 2023 — Gulf News

Saudi Arabia recorded a significant increase in internet usage in 2023, with a penetration rate reaching 99 per cent, demonstrating near-universal access among its population, according to a Gulf News report. 

Atlan raises $105M

San Francisco, Calif.-based Atlan, providers of a data and AI governance platform, has raised $105 million in a Series C funding round.