Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022 (Anissa Gardizy/The Information)

https://ift.tt/0WXgP3v

Anissa Gardizy / The Information:
Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022  —  Cisco Systems' acquisition of Isovalent, a cloud networking and security startup backed by Google and Microsoft, announced on Thursday …

from Techmeme https://ift.tt/MtBKRTH