News Summary

• Cisco announced the acquisition over the weekend, but the company didn’t disclose the size of the deal.
• EzDubs was founded by Padmanabhan Krishnamurthy, Amrutavarsh Kinagi, and Kareem Nassar.
• Nassar had previously worked at Cisco’s Speech AI group before co-founding the startup.
• The company raised $4.2 million in seed funding led by Venture Highway.
• According to various reports, the translation services market is valued at approximately $40 billion.