Cisco Doubles Down on Strategic Bets with Starcloud Investment

Cisco Systems has reaffirmed its strategic bets on AI and data infrastructure by participating in two significant funding rounds. The company's investment arm, Cisco Investments, joined a $250 million Series A round for Starcloud, valuing it at $2.3 billion. This backing will support Starcloud's orbital data centers and AI deployments.

Cisco also expanded its partnership with Kobo to include AI Formbuilder and generative AI capabilities. The integration aims to accelerate survey design in humanitarian data collection while prioritizing data privacy and human oversight.