GV, a backer since cloud computing company Cliqr Technologies' seed round, will be among the exiting investors in a deal expected to close in Q3.

Networking technology producer Cisco agreed yesterday to acquire Cliqr Technologies, a cloud computing technology provider backed by internet conglomerate Alphabet, for $260m.

Cliqr has built a cloud orchestration platform that models, deploys and manages applications across hybrid cloud environments. Users can create a single app profile through which they can manage apps across any data centre, public or private cloud.

The technology is already integrated with Cisco’s Application Centric Infrastructure and Unified Computing System products, and once the deal closes…