Published on
November 13, 2024
min read

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Cisco and CoreWeave formed a new financial partnership, with Cisco becoming an investor through a $650 million secondary share sale.

About CoreWeave
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‍CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com.
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