Anissa Gardizy / The Information:

Source: Cisco is paying around $650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent was valued at $250M in a funding round in September 2022  —  Cisco Systems' acquisition of Isovalent, a cloud networking and security startup backed by Google and Microsoft, announced on Thursday …

Anissa Gardizy / The Information:

Source: Cisco is paying around $650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent was valued at $250M in a funding round in September 2022  —  Cisco Systems' acquisition of Isovalent, a cloud networking and security startup backed by Google and Microsoft, announced on Thursday …

Source: TechMeme
Source Link: http://www.techmeme.com/231222/p17#a231222p17