Cisco to Make New Investments in Japan to Promote IoE Innovation
Summary
Cisco Investments announced a new Japan-focused investment push for Internet of Everything and IoT startups. The first company to receive funding under this initiative is smart-FOA, which offers a software platform for real-time information sharing in manufacturing environments. Cisco plans to co-develop solutions with smart-FOA using its IOx platform and expand the software beyond Japan. The move also signals renewed Cisco investment activity in Japan and support for the local startup ecosystem.
Funding
Amount
None
Total raised
Date
October 14, 2014
Announcement date
Investors
Scientific Atlanta
Lead investors
Company
smart-foa.com
Funded company
Classifications
industries
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applications
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