Blackbird Has Opened Up Its Fund for One Big Corporate Investor

[1] Blackbird Ventures has officially accepted an investment from Cisco.

[2] Since Cisco is the company’s first ever corporate investor, they needed the consent of all their other 95 investors.

[3] The investment amount has not been disclosed but it assured that the company would be able to spend more on startups.

Source: http://www.businessinsider.com.au/blackbird-has-opened-up-its-fund-for-one-big-corporate-investor-2014-12