Research Triangle Park, N.C. - Digitalsmiths, a provider of video indexing, analysis and publishing technology, announced on Monday that networking firm Cisco (NASD: CSCO) has invested an undisclosed sum in the company.

Research Triangle Park, N.C. - Digitalsmiths, a provider of broadband video indexing, analytics, and publishing technology, announced on Thursday that it has closed a $12 million second round of financing.

Borders Group Chief Executive Officer George Jones today announced that Cedric J. Vanzura, executive vice president, emerging business and technology, chief strategy officer, has resigned as an executive officer of the company effective immediately, and his position is being eliminated. Vanzura will transition his functional duties over the next couple of months and will leave the company in September after the arrival of Borders Group's new Chief Information Officer, Susan Harwood.

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Raleigh-Durham, N.C. - Digitalsmiths, a provider of broadband video contextual advertising technology, announced that it has raised $6 million in its first round of venture capital financing.