Company Research Report: Crosslink Capital
Company Overview
Name: Crosslink Capital
Mission of the Company: Partnering with ambitious early-stage founders building category-defining companies.
Founded: 1989
Headquarters: San Francisco, California
Assets Under Management (AUM): $4.6 billion
Notable Achievements:
- 50+ exits including 17 IPOs.
Geographic Reach: Investments across North America.
Events: Hosts over 40 events annually across 7 geographies.
Key People
- Chris Britt: Co-Founder/CEO, Chime
- Wardah Inam, PhD.: CEO, Overjet
- Alexi Robichaux: Co-Founder/CEO, BetterUp
- Drew Uher: Founder/CEO, Homelight
- Ben McKean: Founder/CEO, Hungryroot
- Chet Kapoor: CEO, DataStax
- Jay Shah: Former CEO, Personal Capital
- Deepak Thomas: CEO, Phil
- Rob Bernshteyn: Former CEO, Coupa
- Dave Yarnold: Former CEO, Servicemax
- Rick Tallman: Former CEO, Vungle
Key Features and Advantages
- Alpha Network: Premier technology network with over 2,000 founders, CEOs, investors, and thought leaders.
Products and Services
General Product Overview
Crosslink Capital is primarily recognized for its venture capital investments in startup companies across highly dynamic enterprise and consumer sectors.
Recent Developments
Recent Fundings and Developments
1. Axiado Corporation:
- Raised $60 million in Series C funding aimed at enhancing AI-driven cybersecurity technologies and platform security.
- Investment led by Maverick Silicon with participation from Crosslink Capital.
2. Stride Funding (now Clasp):
- Closed more than $10 million oversubscribed venture round led by Crosslink Capital.
- Aims to address workforce shortages and student debt, primarily within the healthcare sector.
3. Darkhive, Inc.:
- Secured $21 million in Series A investment led by Ten Eleven Ventures.
- Developing reconnaissance drones with UAS for military and public safety.
Historical Portfolio Highlights
Bleacher Report
- Entry Date: 2010; Exit Date: 2012
- Outcome: Acquired by Time Warner
- Crosslink led a $10M investment; helped disrupt ESPN with a crowdsourced publishing platform.
BuildingConnected
- Entry Date: 2015; Exit Date: 2019
- Outcome: Acquired by Autodesk for $275M
- Platform centralizes bid management in construction.
Coupa
- Entry Date: 2012; Exit Date: 2016
- Outcome: IPO (NASDAQ: COUP)
- SaaS-based procurement and expense management, emerged as a category leader.
Equinix
- Entry Date: 2003; Exit Date: 2004
- Outcome: IPO (EQIX)
- Operates Internet Business Exchange centers for major network interconnections.
Flo
- Entry Date: 2015; Exit Date: 2020
- Outcome: Acquired by Moen
- Smart home solution for water damage prevention.
Omniture
- Entry Date: 2006; Exit Date: 2006
- Outcome: Acquired by Adobe Web Analytics
Pandora Media
- Entry Date: 2005; Exit Date: 2011
- Outcome: IPO (P)
- Leading Internet radio platform with advanced targeting advertising.
Personal Capital
- Entry Date: 2013; Exit Date: 2020
- Outcome: Acquired by Empower Retirement for $1B
Postmates
- Entry Date: 2011; Exit Date: 2020
- Outcome: Acquired by Uber for $2.65B
ServiceMax
- Entry Date: 2012; Exit Date: 2017
- Outcome: Acquired by GE
Verodin
- Entry Date: 2015; Exit Date: 2019
- Outcome: Acquired by FireEye for $300M
Vungle
- Entry Date: 2011; Exit Date: 2019
- Outcome: Acquired by Blackstone for $773M
Contact Information
- Location: Menlo Park, CA
- Phone: +1 415 617 1800
(No other information is available for Revenue, Number of Employees, etc.)
