Cisco Systems CEO Chuck Robbins’ corporate shopping spree shows no signs of ending. He has lately kicked the tires of several startups in storage, security and networking software, looking to upgrade Cisco’s product portfolio with new technology tied into cloud computing.
The tire-kicking has led to at least one previously undisclosed deal. Cisco has made an $80 million investment in RStor, a stealth storage startup led by a former senior engineering director at Facebook, The Information has learned. Cisco is the lone investor in RStor, which is developing software-based storage, said a person close to Cisco.