Tech giants IBM and Cisco led the money moves in June with strategic acquisitions. Networking vendor Riverbed was acquired again -- we look at its rocky road to back. Plus, we list some the most prominent venture capital (VC) and merger and acquisition (M&A) news items from June. If you’d like SDxCentral to report on your company’s VC, M&A or other financial activity in our monthly Money Moves section, or if you have any tips on that activity, please send the information to Dan Muse ([email protected]).

The acquisition also includes $450 billion worth of IT spending data that IBM plans to integrate with its artificial intelligence platform.

Cisco is acquiring Accedian in a move to boost the 5G network assurance and observability capabilities of its Networking Cloud efforts. Kevin Wollenweber, SVP and GM for data center and provider connectivity at Cisco, noted in a blog post that the acquisition will allow Cisco to link Accedian’s network performance and user experience monitoring services into Cisco’s ThousandEyes network assurance platform.

The long and winding path that networking vendor Riverbed has been on over the past two decades took another turn. Private equity firm Vector Capital announced that it was acquiring Riverbed. Financial terms of the deal are not being publicly disclosed.  According to a Bloomberg report, the deal is estimated to be worth approximately $450 million.

Viasat completed its $7.3 billion acquisition of Inmarsat.

Cortex closed a $35M series B round.

CloudZero announced $32M Series B funding.

Digibee ed $60 million in funding.

AMD announced plans to invest $135 million to expand adaptive computing research, development and engineering operations in Ireland.

RevSure.AI closed $10 million seed round.

AppSec security startup, Kodem, announced $25 million in funding led by Greylock Ventures.

AI-led customer experience transformation platform provider, Cyara, acquired SaaS provider CentraCX.

Open source AI app dev platform,  BentoML, raised $9M in seed money.

HashiCorp acquired BluBracket to expand its code management capabilities.

Intel sold its minority stake in IMS nanofabrication business to Bain Capital.

Invary, a cybersecurity company, emerged from stealth with $1.85 million in pre-seed funding.

Astrix Security secured $25 million in Series A funding.

Celestial AI raised $100 million in Series B funding.

Parabola, a data automation solution provider, announced $24 million in Series B round funding.

ThoughtSpot acquired Mode Analytics for $200 million.

Keysight acquired ESI Group

Inflection AI lands $1.3 billion in funding led by  Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt,and Nvidia.

Runway announced $141 million in funding to expand multi-modal AI research, products.