Cisco Investments is the investment office of Cisco Systems. It is headquartered in San Jose. Founded in 1993, it invests $150-200 million annually in global companies. It targets investments in telecommunications related sectors. It has invested in the venture capital, IoT, SaaS, Big Data analytics, semiconductors, secrurity, cloud computing, and service provider sectors. The company follows a mandate from its parent company to expand the corporation's business in to emerging industry sectors.