Crosslink backs early-stage ambitions with new fund

Crosslink Capital announced the close of its ninth venture capital fund, which was oversubscribed with a $350 million fundraise.

Crosslink Ventures IX builds on the success of the $3.6 billion firm’s previous offering that was capitalized at $275 million in 2018.

Crosslink’s focus is in early-stage technology companies investing in seed and Series A rounds and then supporting their early-stage growth. The new fund allows the team to continue to allocate intelligent capital and to collaborate with seed funds to identify, invest in and deliver a winning portfolio, officials said . . .

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