TechTaffy

tech:

taffy

Cisco Invests $15M In RPeV

By TechTaffy Desk

[Techtaffy Newsdesk]

Cisco has invested $15 million in the venture capital fund Redpoint e.ventures Brazil, RPeV, a joint venture between Silicon Valley-based venture capital firms Redpoint and BV Capital/e.ventures. 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

Just in

Industry

Silicon Labs appoints Radhika Chennakeshavula as CIO

Silicon Labs has appointed Radhika Chennakeshavula as chief information officer.
Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 
Industry

Former VMware COO Mike Hayes joins Mirantis board

Mirantis, a company that provides open source software for infrastructure control, has appointed Mike Hayes to its board.
Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots.