Cisco Investments and Google have both made early-stage bets on Isovalent, a developer of cloud networking management and security tools.

US-based cloud networking management software provider Isovalent has emerged from stealth with $29m from a series A round co-led by internet technology provider Google.

The round was co-led by venture capital firm Andreessen Horowitz and included Cisco Investments, the strategic investment arm of networking technology manufacturer Cisco.

Founded in 2017, Isovalent has developed a networking technology called Cilium that allows enterprises to integrate various cloud software tools securely.

Clients can examine cloud-based functions on their IT network at a granular…