Cisco Systems’ investment arm plans to invest US $10 million in Monk’s Hill Ventures’ innovation fund for Asean startups. The latter supports early-stage startups that offer tools in the Cloud, the Internet of Everything (IoE), Big Data, mobility, among others. Monk’s Hill Ventures focuses on technology startups with operations in Southeast Asia, as well as global tech startups looking to expand into this region.
http://www.so-co-it.com Sep 9, 2015
Funding Focused on Early Stage Technology Start-Ups That Drive the Internet of Everything and Digital Transformation in ASEAN…
Cisco commits $10M to fund for Asean startups – ZDNet
http://news.google.com Sep 9, 2015
Apart from offering financial help, Cisco said it also would be looking to provide its technology and go-to-market expertise with the selected startups. The networking vendor’s Asean president…
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