Tech Company Financing Transactions
Crossbeam Funding Round
Crossbeam, based in Philadelphia, scored $25 million from Redpoint Ventures, FirstMark Capital and Okta.
Transaction Overview
Company Name
Announced On
8/7/2020
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
Along with the funding -which will allow Crossbeam to roughly double its current staff of 28 in the next six months - the company is also making the basic paid tier of its platform.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1339 Chestnut St.
Philadelphia, PA 19107
USA
Philadelphia, PA 19107
USA
Phone
Undisclosed
Website
Email Address
Overview
Crossbeam is a collaborative data platform that helps companies build more valuable partnerships. We act as an escrow service for data, allowing companies to find overlapping customers and prospects with their partners, while keeping the rest of their data private and secure.
Management Team
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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