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  "markdown": "Corporate investor.\n\nWebsite: https://www.ciscoinvestments.com\n\n## Companies on Anchor Terminal\n\n- **Anthropic**, Series E, March 2025\n  - [Claude API](https://www.anchorterminal.com/tools/anthropic-api.md), graded BB, 77.3/100\n  - [Claude Agent SDK](https://www.anchorterminal.com/tools/claude-agent-sdk.md), graded BB, 70.1/100\n  - [Claude Code](https://www.anchorterminal.com/tools/claude-code.md), graded C, 59.9/100\n  - Source: https://www.anthropic.com/news/anthropic-raises-series-e-at-usd61-5b-post-money-valuation\n- **Arcade.dev**, Series A extension, September 2026\n  - [Arcade.dev](https://www.anchorterminal.com/tools/arcade.md), graded B, 66.9/100\n  - Source: https://www.arcade.dev/blog/cisco-investments-backs-arcade/\n- **Anthropic, PBC**, Series E, March 2025\n  - [Claude Duet](https://www.anchorterminal.com/tools/claude-duet.md), graded F, 17.9/100\n  - Source: https://www.anthropic.com/news/anthropic-raises-series-e-at-usd61-5b-post-money-valuation\n- **Thinking Machines Lab**, Seed, July 2025, through Cisco\n  - [Inkling](https://www.anchorterminal.com/tools/inkling.md), graded B, 64.2/100\n  - [Inkling-Small](https://www.anchorterminal.com/tools/inkling-small.md), graded B, 66.5/100\n  - [Tinker](https://www.anchorterminal.com/tools/tinker.md), graded D, 51.2/100\n  - Source: https://techcrunch.com/2025/07/15/mira-muratis-thinking-machines-lab-is-worth-12b-in-seed-round/\n- **LangChain**, Series B, October 2025\n  - [LangGraph](https://www.anchorterminal.com/tools/langgraph.md), graded BB, 70.8/100\n  - [LangMem](https://www.anchorterminal.com/tools/langmem.md), graded D, 48.3/100\n  - [LangSmith API + MCP](https://www.anchorterminal.com/tools/langsmith.md), graded BB, 71.3/100\n  - Source: https://www.langchain.com/blog/series-b\n- **PubNub Inc.**, through Cisco\n  - [PubNub](https://www.anchorterminal.com/tools/pubnub.md), graded B, 68.3/100\n  - Source: https://www.pubnub.com/company/\n\n## Where they invest\n\n- Agent frameworks \u0026 SDKs, 2\n- Open-weight models, 2\n- Model APIs \u0026 inference, 1\n- Agent harnesses, 1\n- Agent auth \u0026 delegated access, 1\n- Personal assistants, 1\n- Fine-tuning, 1\n- Agent memory, 1\n- Agent observability \u0026 evals, 1\n- Event delivery \u0026 webhooks, 1\n\n## Founders they backed\n\n- [Dario Amodei](https://www.anchorterminal.com/people/dario-amodei/), Anthropic\n- [Daniela Amodei](https://www.anchorterminal.com/people/daniela-amodei/), Anthropic\n- [Tom Brown](https://www.anchorterminal.com/people/tom-brown/), Anthropic\n- [Jack Clark](https://www.anchorterminal.com/people/jack-clark/), Anthropic\n- [Jared Kaplan](https://www.anchorterminal.com/people/jared-kaplan/), Anthropic\n- [Sam McCandlish](https://www.anchorterminal.com/people/sam-mccandlish/), Anthropic\n- [Chris Olah](https://www.anchorterminal.com/people/chris-olah/), Anthropic\n- [Alex Salazar](https://www.anchorterminal.com/people/alex-salazar/), Arcade.dev\n- [Sam Partee](https://www.anchorterminal.com/people/sam-partee/), Arcade.dev\n- [Karan Ahuja](https://www.anchorterminal.com/people/karan-ahuja/), Anthropic, PBC\n- [Mira Murati](https://www.anchorterminal.com/people/mira-murati/), Thinking Machines Lab\n- [John Schulman](https://www.anchorterminal.com/people/john-schulman-2/), Thinking Machines Lab\n- [Harrison Chase](https://www.anchorterminal.com/people/harrison-chase/), LangChain\n- [Ankush Gola](https://www.anchorterminal.com/people/ankush-gola/), LangChain\n- [Todd Greene](https://www.anchorterminal.com/people/todd-greene/), PubNub Inc.\n- [Stephen Blum](https://www.anchorterminal.com/people/stephen-blum/), PubNub Inc.\n\n## Questions\n\n### Which AI tools has Cisco Investments invested in?\n\nAnchor Terminal lists Anthropic, Arcade.dev, Anthropic, PBC, Thinking Machines Lab, LangChain and PubNub Inc. backed by Cisco Investments.\n\n### How are Cisco Investments's companies graded?\n\nOn Anchor Terminal's benchmark, Claude API (BB, 77.3), Claude Agent SDK (BB, 70.1), Claude Code (C, 59.9), Arcade.dev (B, 66.9), Claude Duet (F, 17.9), Inkling (B, 64.2), Inkling-Small (B, 66.5), Tinker (D, 51.2), LangGraph (BB, 70.8), LangMem (D, 48.3), LangSmith API + MCP (BB, 71.3) and PubNub (B, 68.3).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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