Upscale, which is building AI networking infrastructure to rival Cisco, raised a $190M Series A-1 at a $2B valuation, up from $1B after raising $200M in January (Lily Mae Lazarus/Fortune)

<a href="https://fortune.com/2026/06/22/nvidia-upscale-ai-next-ciscoand-seligman-ventures-premji/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260622/i23.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260622/p23#a260622p23" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Lily Mae Lazarus / <a href="http://www.fortune.com/">Fortune</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://fortune.com/2026/06/22/nvidia-upscale-ai-next-ciscoand-seligman-ventures-premji/">Upscale, which is building AI networking infrastructure to rival Cisco, raised a $190M Series A-1 at a $2B valuation, up from $1B after raising $200M in January</a></b></span>&nbsp; &mdash;&nbsp; Every time computing has fundamentally changed, a new networking company has risen with it.&nbsp; When PCs started connecting &hellip; </p>