Cisco commits $150 mln to Canadian innovation, VC funds, incubators
The Canadian subsidiary of Cisco Systems Inc (Nasdaq: CSCO) has committed $150 million to its Cisco Canada Innovation Program, a strategy to support and accelerate innovation in Canada. Cisco Investments will partner with Canadian venture capital funds and incubators and make direct technology investments as part of the strategy, along with providing Cisco technology and go-to-market expertise to Canadian businesses, the company said. Activity, which will emphasize a mix of digital technologies sectors, businesses and investment stages, will occur over the next 10 years.
19 June 2014•3 mins read
