Cisco CEO Chuck Robbins. Photo credit: World Economic Forum/swiss-image.ch/Photo Jolanda Flubacher, under Creative Commons license

Networking hardware giant Cisco has announced that it’s acquired Modcam, a Swedish video analytics startup, particularly scooping up the company to bolster its Meraki smart camera product. Modcam has developed a solution that enables cameras to be used for precision locationing and journey pathing within confined physical spaces, primarily targeted at retailers. Cisco, whose Meraki smart camera capabilities already include motion and object detection, says Modcam technology will enable them to be even better.

Since its inception, Modcam is known to have raised some $7.6 million in funding. Investors in the company include the likes of Spintop Ventures, Robert Bosch Venture Capital, and Northvolt CEO Peter Carlsson. The price Cisco paid for the company isn’t disclosed.