Networking startup Nile raises US$175 million

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To challenge Cisco.

Networking startup Nile raises US$175 million
Nile, a networking startup co-founded by former Cisco Systems executives John Chambers and Pankaj Patel, has raised US$175 million ($265 million) in a new round to fund its efforts to build a Cisco competitor, the company said. The new round, co-led by March Capital and Saudi Arabia's ...

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