For the second month in a row, a Cisco acquisition topped the list of Money Moves. Last month, the networking giant acquired Working Group Two to boost Mobility Services and IoT networks. This month, Cisco made a blockbuster move, announcing its plans to acquire Splunk for $28 billion without making it clear on how it plans to assimilate the cybersecurity and observability vendor’s assets.

In another huge financial move, data analytics platform provider Databricks announced that it has raised more than $500 million in a Series I funding round, valuing the company at $43 billion. Notable new investors include Nvidia and Capital One Ventures, both of whom are known to be supporters of Databricks’ competitor Snowflake, with Nvidia as a partner and Capital One as one of Snowflake’s largest customers.

Netskope is growing its capabilities with the acquisition of digital experience monitoring (DEM) startup Kadiska. The acquisition is a bid for Netskope to boost its capabilities on the monitoring side of its secure access service edge (SASE) platform initiatives. Financial terms of the acquisition are not being publicly disclosed. Kadiska is a smaller private startup that was founded in 2020 and is based in France. It combines real user DEM with end-to-end visibility of network and application performance.

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]).

In other Money Moves

Amazon to invest up to $4 billion in AI startup Anthropic

Panmnesia raised $12.5 million in seed funding.

Data observability pioneer Acceldata announced that it has acquired Bewgle.

Gutsy emerged from stealth with $51M seed round.

MotherDuck raised $52.5 million series B funding.

Salvador Technologies lands $2 million in funding.

UC Berkeley professors raise $10.6M seed, launch genAI startup for security.

Nord Security raised $100M in its first-ever external investment round.

WatchGuard acquires CyGlass fir AI-based network detection and tesponse and open XDR capabilities.

Arduino secures $22M in new series B funding from Arm, Arnzu and CDP Ventures.

Pryon closes $100 million Series B round.

Collibra acquired Husprey, a integrated SQL data notebook platform.