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

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.