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      <p>
        Upstream Security, an Israeli startup providing a cloud-based centralized cybersecurity and analytics platform for vehicles, has received undisclosed funds from Cisco Investments.
      </p>
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        The company intends to utilize the funds to strengthen its presence in the IoT sector, specifically in mobility, automotive, and transportation.
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        <b>Analyst QuickTake:</b>
         Upstream Security has raised more than USD 100 million to date, and has reportedly monitored 25 million connected vehicles globally.
      </p>
    </li>
  </ul>
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  </p>
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  <p>
    <a href="https://www.businesswire.com/news/home/20240410994590/en/Upstream-Security-Receives-Investment-from-Cisco-Investments-as-the-Demand-for-IoT-Cybersecurity-Soars">
      Press release
    </a>
  </p>
</div>


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ANALYST_QUICK_TAKE

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<div>
 <p>Upstream Security, an Israeli startup that offers a cloud-based cybersecurity and analytics platform for vehicles, has secured an investment from Cisco Investments. The amount of the investment has not been disclosed. </p>
 <p>This funding will be used by the company to enhance its presence in the Internet of Things (IoT) sector, with a particular focus on mobility, automotive, and transportation.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> Upstream Security has raised more than USD 100 million to date, and has reportedly monitored 25 million connected vehicles globally.</p>

Upstream Security raises undisclosed funds from Cisco Investments

Building future-ready applications in the cloud

Cloud-native Tech

<div>
 <p>Global technology company, Cisco Systems, has completed the acquisition of operational intelligence software specialist, Splunk, for an estimated USD 28 billion. </p>
 <p>Splunk, established in 2003, provides software solutions that allow businesses to monitor, search, and analyze big data generated by their IT infrastructure. The platform is used by over 15,000 organizations and delivers valuable business insights, such as information on cyber threats, technical outages, and more. </p>
 <p>Following the acquisition, Cisco plans to merge its existing network capabilities with Splunk's security and observability solutions. This integrated solution will provide a comprehensive, real-time view of an organization's digital interface. This will improve the defense against cyber threats, reduce system downtime, and enhance user experience within the network. </p>
</div> <p><b>Analyst QuickTake:<br>
 </b> The agreement—Cisco's largest acquisition ever—was formally signed in <a href="https:<br>
//sp-edge.com/updates/22088"> September 2023 </a> for USD 157 per Splunk share, which was 31% higher than its previous unaffected stock price. Both firms offer AI capabilities in their cybersecurity solutions, which will be integrated to present a unified user interface for quicker problem analysis. Before being acquired, Splunk was involved in the open-source community and substantially contributed to projects such as OpenTelemetry and eBPF. <b> </b></p>

Cisco acquires Splunk for USD 28 billion

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

PROMINENT_CATEGORY

<div>
 
 <p>Cisco, a networking and security corporation, has introduced new features to boost security and streamline operations throughout its network range. These features aim to create a more integrated strategy for network management and protection.</p>
 <p>The upgrades incorporate new synergies between Cisco's networking and security platforms. This includes the integration of Cisco Secure Access, Cisco's secure service edge (SSE) solution, and the improvement of security posture reports for operational technology (OT) assets.&nbsp;</p>
 
</div>

CISCO adds additional AI and security capabilities to unified networking platform

Quantum information processing is slowly becoming a reality, ushering in a new technological era.

Quantum Computing

<div>
 <p>Nu Quantum, a Cambridge-based quantum networking firm, has formed a collaboration with Cisco, a global networking infrastructure provider, to create the first Quantum Networking Unit (QNU). The LYRA project, supported by UK government funding, is worth GBP 2.3 million (USD 2.9 million). </p>
 <p>The initiative will work towards creating a flexible, scalable quantum data center prototype in 18 months that will cater to various quantum computer modalities and wavelengths, thereby facilitating more straightforward in-field updates and scalability for larger quantum-compute clusters.</p>
</div>

Nu Quantum partners with Cisco to develop modular quantum data center

<div>
 
 <p>Cisco plans to acquire Isovalent, a cloud-native networking and security firm. Isovalent specializes in open-source extended Berkeley Packet Filter (eBPF) technology and has developed Cilium, a security solution for cloud workloads. The acquisition is set to close in Q3 of the 2024 fiscal year. </p>
 <p>Cisco plans to integrate Isovalent's capabilities into its hybrid cloud security platform, the Cisco Security Cloud. The company also announced two new AI-powered assistants and an encrypted visibility engine for its firewall models in December. </p>
 
</div> <p><b>Analyst QuickTake</b> : Isovalent is the latest in a long run of cybersecurity acquisitions by Cisco this year. In September, the networking giant announced a mega USD 28 billion deal to <a href="https://sp-edge.com/updates/22088"> acquire </a> <a href="https://sp-edge.com/companies/1410"> Splunk </a> , having acquired email threat detection platform <a href="https://sp-edge.com/companies/522304"> Armorblox </a> , identity management firm <a href="https://sp-edge.com/companies/1013307"> Oort </a> , cloud security companies <a href="https://sp-edge.com/companies/617833"> Valtix </a> , and <a href="https://sp-edge.com/companies/1157591"> Lightspin </a> <a href="https://sp-edge.com/companies/617833"> earlier </a> in 2023.</p>

Cisco to acquire Isovalent for cloud-native security integration

<div>
 <p>Cisco is set to purchase Isovalent, a firm specializing in cloud-native networking and security, with the deal expected to close in Q3 of the 2024 fiscal year. Isovalent's open-source extended Berkeley Packet Filter technology forms the basis for its Cilium security solution, permitting the construction of security systems that guard cloud workloads at runtime. Cisco plans to incorporate Isovalent's capabilities into its Cisco Security Cloud, an integrated, hybrid cloud security platform powered by AI. The company also recently unveiled two AI-powered assistants, a firewall policy helper, and an encrypted visibility engine for its firewall models.</p>
</div> <p><b>Analyst QuickTake</b> : Isovalent is the latest in a long run of cybersecurity acquisitions by Cisco this year. In September, the networking giant announced a mega USD 28 billion deal to <a href="https://sp-edge.com/updates/22088"> acquire </a> <a href="https://sp-edge.com/companies/1410"> Splunk </a> , having acquired email threat detection platform <a href="https://sp-edge.com/companies/522304"> Armorblox </a> , identity management firm <a href="https://sp-edge.com/companies/1013307"> Oort </a> , cloud security companies <a href="https://sp-edge.com/companies/617833"> Valtix </a> , and <a href="https://sp-edge.com/companies/1157591"> Lightspin </a> <a href="https://sp-edge.com/companies/617833"> earlier </a> in 2023.</p>

<div>
 <p>Cisco plans to acquire cloud-native networking and security firm Insovalent, specialists in open-source eBPF technology and creators of Cilium cloud security solution. The deal is expected to be completed in Q3 of 2024 fiscal year. Insovalent's solutions provide a platform for creating security systems defending cloud workloads at runtime. Cisco aims to incorporate these capabilities into its AI-driven hybrid cloud security platform, the Cisco Security Cloud. Earlier, Cisco announced two new AI-powered assistants, including a firewall policy helper and an encrypted visibility engine for all its firewall models.</p>
</div> <p><b>Analyst QuickTake</b> : Insovalent is the latest in a long run of cybersecurity acquisitions by Cisco this year. In September, the networking giant announced a mega USD 28 billion deal to <a href="https://sp-edge.com/updates/22088"> acquire </a> <a href="https://sp-edge.com/companies/1410"> Splunk </a> , having acquired email threat detection platform <a href="https://sp-edge.com/companies/522304"> Armorblox </a> , identity management firm <a href="https://sp-edge.com/companies/1013307"> Oort </a> , and cloud security companies <a href="https://sp-edge.com/companies/617833"> Valtix </a> , and <a href="https://sp-edge.com/companies/1157591"> Lightspin </a> <a href="https://sp-edge.com/companies/617833"> earlier </a> in 2023.</p>

Cisco to acquire Insovalent for cloud-native security integration

Cisco has announced plans to acquire cybersecurity observability company Splunk for $28 billion, in what would be the largest technology M&A deal of the year. Cisco's largest ever acquisition is expected to close in Q3 2023, pending regulatory approval. The deal will bolster Cisco's move away from being solely a networking vendor, as it focuses on developing secure network and cybersecurity software. Splunk's observability platform will complement Cisco's existing security portfolio, allowing for an enhanced, AI-powered observability platform across hybrid and multi-cloud environments. Splunk, which recently transitioned to a SaaS model, reported revenue of $911 million in Q2 2023 and has 15,000 customers.

All Updates

Upstream Security raises undisclosed funds from Cisco Investments

Cisco acquires Splunk for USD 28 billion

CISCO adds additional AI and security capabilities to unified networking platform

Nu Quantum partners with Cisco to develop modular quantum data center

Cisco to acquire Isovalent for cloud-native security integration

Cisco to acquire Isovalent for cloud-native security integration

Cisco to acquire Insovalent for cloud-native security integration

Cisco to acquire Splunk in USD 28 billion all-cash deal

Cisco launches AI-based security solutions

Cisco launches extended detection and response solution

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Upstream Security raises undisclosed funds from Cisco Investments

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