Georgian Partners Fund Receives Cisco Investment

Posted by Techvibes NewsWire

Georgian Partners today announced that Cisco has made a strategic investment in Georgian Partners Growth Fund II, the newest fund from Georgian Partners, a growth equity firm investing in expansion-stage software companies.

“We are very pleased to have Cisco investing our second fund,” said Simon Chong, co-founder and managing director of Georgian Partners. “To have a global leader like Cisco join the fund as an investor demonstrates the validity of our Applied Analytics investment thesis.”

RELATED: Cisco Pledges $150 Million to Support Innovation in Canada

“By investing in innovative companies we gain valuable insight into the Canadian start up and entrepreneurial community,” said Cisco Canada President Nitin Kawale. “Georgian Partners is at the forefront of investing in expansion-stage software companies, which in addition to their investment focus on Big Data and Analytics, supports our own vision of the opportunity that the Internet of Everything represents and aligns to our commitment to fostering innovation in Canada.”

Last month Cisco Canada announced the Cisco Canada Innovation Program, a strategy to invest $150 million to support and accelerate innovation in Canada.

Company:
Georgian Partners
Website:
http://www.GeorgianPartners.com
Location:
Toronto, Ontario, Canada

Georgian Partners is a growth equity firm investing in expansion and later stage enterprise software and information aggregation companies. Georgian Partners leverages its capital and its team of strong global operators to support the growth objectives of its investments. Georgian Partners is based in Toronto, Ontario. Georgian Partners. more


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Techvibes NewsWire

Techvibes NewsWire

Techvibes is Canada's leading technology media property. Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes NewsWire publishes the press releases of leading technology companies. Content distributed by NewsWire is sponsored. If... more



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