Cisco gives $1 million more to enterprise startup accelerator Alchemist

EXCLUSIVE: Cisco is making a $1 million investment in startup incubator Alchemist Accelerator to support a track focused on enterprise collaboration, Alchemist Accelerator managing partner Ravi Belani told VentureBeat in a phone interview.
The money comes from the Cisco Spark Innovation Fund, a $150 million commitment to support collaboration around the messaging app, Cisco VP Jason Goecke told VentureBeat in a conversation on Cisco Spark. The app was built to interact with Cisco