TLDR:
- Crosslink Capital announced the closing of its tenth flagship venture capital fund, Crosslink Ventures X, with $350 million in commitments.
- The firm remains focused on investing in early-stage founders and celebrating 35 years of partnering with entrepreneurs.
Crosslink Capital recently announced the launch of its tenth flagship venture capital fund, Ventures X, with $350 million in commitments from new and existing investors. The firm’s previous venture fund was also capitalized at $350 million in January 2021. Crosslink will continue to focus on backing early-stage entrepreneurs from inception to Series A, supporting them throughout their growth. This year, the firm is celebrating 35 years of partnering with ambitious founders in developing enterprise, consumer, and vertical technologies.
One of Crosslink’s core strategies is its commitment to Alpha, an invite-only network of over 2,000 founders, CEOs, investors, and operators. This network was co-founded in 2005 by Crosslink General Partner Eric Chin, and connects entrepreneurs and thought leaders through various forums and events throughout the year. In conjunction with the fundraising for Ventures X, Crosslink Capital welcomed Anduena Zhubi as the Director of Business Development. Zhubi brings a wealth of industry experience from previous roles at Microsoft and M12, Microsoft’s venture arm.
David Silverman, General Partner at Crosslink Capital, highlighted the firm’s decades of experience in diverse market cycles and its readiness to guide founders through unpredictable market conditions. Eric Chin, General Partner at Crosslink, emphasized the importance of connecting founders with a rich ecosystem of peers and experts to support them at every stage of their journey.
Overall, Crosslink Capital’s Ventures X fund aims to continue its tradition of supporting early-stage entrepreneurs and providing them with the resources and expertise needed to succeed in today’s changing economic environment.
