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December 14, 2012 01:17 pm GMT
According to multiple sources, Cisco has taken a secretive role as the "Unnamed Silicon Valley Titan" in a $31 million round for WhipTail, a flash storage company that also took investment from SanDisk and other investors.The Series C round of funding included investment fromIgnition Partners,RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing. SanDisk's investment in WhipTail was made through SanDisk Ventures, the companys newly formed strategic investment arm. Cisco's total investment was not available.Cisco executives did not respond to a request for comment.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9jJCrmYr4ZM/
Source: Cisco Takes Secretive Role As Unnamed Silicon Valley Industry Titan In WhipTails $31M Round
According to multiple sources, Cisco has taken a secretive role as the "Unnamed Silicon Valley Titan" in a $31 million round for WhipTail, a flash storage company that also took investment from SanDisk and other investors.The Series C round of funding included investment fromIgnition Partners,RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing. SanDisk's investment in WhipTail was made through SanDisk Ventures, the companys newly formed strategic investment arm. Cisco's total investment was not available.Cisco executives did not respond to a request for comment.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9jJCrmYr4ZM/
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