Saturday, December 15, 2012

Source: Cisco Takes Secretive Role As ?Unnamed Silicon Valley Industry Titan? In WhipTail?s $31M Round

whiptail.logoAccording 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 others. The Series C round of funding included investment from?Ignition Partners,?RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing. SanDisk's investment in WhipTail was made through SanDisk Ventures, the company?s newly formed strategic investment arm. Cisco's total investment was not available.?Cisco executives did not respond to a request for comment.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9jJCrmYr4ZM/

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