Cisco Funds Video Search Technology Startup
Cisco is re-upping its investment in Digitalsmiths, a North Carolina based developer of video search and discovery products. DigitalSmiths said it has raised $12.5M in an oversubscribed expansion financing round, led by Technicolor and including .406 Ventures, Aurora Funds, Chrysalis Ventures, Capitol Broadcasting and Cisco. Cisco was previously an investor in the firm.
posted on Wednesday, April 27, 2011 (Link to more information)
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