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
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Sectors
Technology
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Phone
*********
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Website
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- Legal Name Crossbeam Systems, Inc.
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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 Funding
- Total Rounds 3
- Last Round Series F — $3.5M
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First Round
First Round
(05 May 2003)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2008 | Amount | Series F - Crossbeam Systems | Valuation | Matrix , North Bridge Venture Partners |
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| 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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage ventures are funded by the investment firm.
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Crossbeam Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Crossbeam Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crossbeam Systems Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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Provider of automated testing and assurance solutions for networks, security, and positioning
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Fire-wall based network security solutions
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Cloud-based platform is used for network management and optimization.
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Cyber threat intelligence, analytics, and management platform is provided.
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Security policies and vulnerabilities are managed across network devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Crossbeam Systems
Frequently Asked Questions about Crossbeam Systems
When was Crossbeam Systems founded?
Crossbeam Systems was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is Crossbeam Systems located?
Crossbeam Systems is headquartered in Boxborough, United States. It is registered at Boxborough, Massachusetts, United States.
Who is the current CEO of Crossbeam Systems?
Greg Clark is the current CEO of Crossbeam Systems.
Is Crossbeam Systems a funded company?
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.
How many employees does Crossbeam Systems have?
As of Dec 31, 2022, the latest employee count at Crossbeam Systems is 30.
What does Crossbeam Systems do?
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.
Who are the top competitors of Crossbeam Systems?
Who are Crossbeam Systems's investors?
Crossbeam Systems has 11 investors. Key investors include Blue Coat, Thoma Bravo, Matrix, North Bridge Venture Partners, and Tudor Ventures.