Crossbeam Systems

Boxborough, United States Founded: 1999 • Age: 27 yrs Acquired By Blue Coat
Network security applications are virtualized through a dedicated platform.
Annual revenue - Latest available
Total funding $42.5M 3 rounds
Employees 30 Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Crossbeam Systems

Crossbeam Systems is a company based in Boxborough (United States) founded in 1999 was acquired by Blue Coat in February 2017. Crossbeam Systems has raised $42.5 million across 3 funding rounds from investors including Blue Coat, Thoma Bravo and Matrix. The company has 30 employees as of December 31, 2022. Crossbeam Systems operates in a competitive market with competitors including Juniper Networks, Spirent, Tufin, Allot and EclecticIQ, among others.

  • Headquarter Boxborough, United States
  • Employees 30 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Legal Name Crossbeam Systems, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.5 M (USD), Series F

    Feb 14, 2008

  • Investors
    Blue Coat

    & 10 more

  • Employee Count
    30

    as on Dec 31, 2022

  • Acquired by
    Blue Coat

    & 1 more

    (Feb 02, 2017)

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Funding Insights of Crossbeam Systems

Crossbeam Systems has successfully raised a total of $42.5M across 3 strategic funding rounds. The most recent funding activity was a Series F round of $3.5 million completed in February 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series F — $3.5M
  • First Round

    (05 May 2003)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2008 Amount Series F - Crossbeam Systems Valuation Matrix , North Bridge Venture Partners
May, 2007 Amount Series F - Crossbeam Systems Valuation Tudor Funds
May, 2003 Amount Series C - Crossbeam Systems Valuation North Bridge Venture Partners , Commonwealth Capital Ventures

Investors in Crossbeam Systems

Crossbeam Systems has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Blue Coat, Thoma Bravo and Matrix.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage ventures are funded by the investment firm.
Founded Year Domain Location
US focused seed to growth stage VC firm
Founded Year Domain Location
-
Founded Year Domain Location

Investments & Acquisitions by Crossbeam Systems

Investments

Financial Statements - Crossbeam Systems

Crossbeam Systems Comparisons

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Competitors of Crossbeam Systems

Crossbeam Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Juniper Networks, Spirent, Tufin, Allot and EclecticIQ, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based enterprise networking and firewall solutions are delivered.
domain founded_year HQ Location
Provider of automated testing and assurance solutions for networks, security, and positioning
domain founded_year HQ Location
Fire-wall based network security solutions
domain founded_year HQ Location
Cloud-based platform is used for network management and optimization.
domain founded_year HQ Location
Cyber threat intelligence, analytics, and management platform is provided.
domain founded_year HQ Location
Security policies and vulnerabilities are managed across network devices.

Latest news on Crossbeam Systems

Frequently Asked Questions about Crossbeam Systems

Crossbeam Systems was founded in 1999 and raised its 1st funding round 4 years after it was founded.

Crossbeam Systems is headquartered in Boxborough, United States. It is registered at Boxborough, Massachusetts, United States.

Greg Clark is the current CEO of Crossbeam Systems.

Crossbeam Systems is a funded company, having raised a total of $42.5M across 3 funding rounds to date. The company's 1st funding round was a Series C of $18M, raised on May 05, 2003.

As of Dec 31, 2022, the latest employee count at Crossbeam Systems is 30.

Founded in 1999 and based in Boxborough, United States, Crossbeam Systems operates in the network security sector. A virtualization platform is provided to host security applications from third-party vendors such as McAfee, SourceFire, CheckPoint, and Imperva. Racks of security appliances, along with network equipment including switches and load balancers, are delivered to facilitate the deployment of these applications across enterprise environments.

Crossbeam Systems's top competitors include Spirent, Allot and RedSeal.

Crossbeam Systems has 11 investors. Key investors include Blue Coat, Thoma Bravo, Matrix, North Bridge Venture Partners, and Tudor Ventures.

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