Crossbeam Systems - About the company
Crossbeam Systems is an acqui-hired company based in Boxborough (United States), founded in 1999. It operates as a Network security virtualization platform. Crossbeam Systems has raised $100M in funding from investors like North Bridge Venture Partners, Matrix and Tudor Funds. The company has 157 active competitors, including 29 funded and 36 that have exited. Its top competitors include companies like Aruba Networks, Allot and Spirent.
Company Details
Crossbeam provides a network security virtualization platform. It provides a platform that can virtualize network security applications & third-party security software vendors like McAfee, SourceFire, CheckPoint, Imperva, etc. The Solution delivered racks of security appliances and network equipment like switches and load balancers which virtualizes the deployment and delivery of security applications.
- Website
- crossbeamsystems.com
- Registered Address
- Boxborough, Massachusetts
Key Metrics
Founded Year
1999
Location
Boxborough, United States
Stage
Acqui-Hired
Total Funding
$100M in 3 rounds
Latest Funding Round
Investors
Ranked
41st among 157 active competitors
Similar Companies
Legal entities associated with Crossbeam Systems
Crossbeam Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Crossbeam Systems, Inc. CIN: 43492144 , Belgium, Active | Jul 22, 1999 | - | 30 (As on Dec 31, 2022) | - |
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Crossbeam Systems's funding and investors
Crossbeam Systems has raised a total funding of $100M over 3 rounds. Its first funding round was on May 05, 2003. Its latest funding round was a Series F round on Feb 14, 2008 for $*****. 3 investors participated in its latest round. Crossbeam Systems has 10 institutional investors.
Here is the list of recent funding rounds of Crossbeam Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2008 | 6071116 | Series F | 4914960 | 3128472 | 8441123 | 8095495 |
May 08, 2007 | 4108921 | Series F | 4196353 | 9142710 | 1003333 | |
May 05, 2003 | 1927921 | Series C | 8328664 | 1102376 |
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Crossbeam Systems's Competitors and alternates
Top competitors of Crossbeam Systems include Aruba Networks, Allot and Spirent. Here is the list of Top 10 competitors of Crossbeam Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aruba Networks 2002, Sunnyvale (United States), Acquired | Provider of edge-to-cloud solutions including networking, security, and AI operations | $86.5M | 69/100 | |
2nd | Cloud based platform offering network management software | - | 65/100 | ||
3rd |  Spirent 1936, Crawley (United Kingdom), Acquired | Provider of automated testing and assurance solutions for networks and security | - | 64/100 | |
4th | Provider of AI-powered cybersecurity solutions embedded directly into device firmware | $225M | 59/100 | ||
5th | Network security solution for enterprise | $19.2M | 59/100 | ||
6th | Secret Network 2020, Chicago (United States), Series C | Provider of privacy-preserving smart contracts and confidential computing layer for Web3 and AI applications | $412M | 58/100 | |
7th | EclecticIQ 2014, Amsterdam (Netherlands), Series C | Provider of a threat intelligence platform that delivers contextual business insights | $52.2M | 57/100 | |
8th | Fire-wall based network security solutions | $8M | 55/100 | ||
9th | Finjan Cybersecurity 1996, New York City (United States), Acquired | Cybersecurity leader, proactively detecting unknown threats with behavior-based intellectual property | $67.5M | 55/100 | |
10th |  ProjectDiscovery 2019, San Francisco (United States), Series A | Provider of cloud-based and open source asset management software | $28M | 54/100 | |
41st |  Crossbeam Systems 1999, Boxborough (United States), Acqui-Hired | Network security virtualization platform | $100M | 34/100 |
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Crossbeam Systems's Investments and acquisitions
Crossbeam Systems has made no investments or acquisitions yet.
Reports related to Crossbeam Systems
Here is the latest report on Crossbeam Systems's sector:
News related to Crossbeam Systems
Filter this list•
Crossbeam raises $3.5 million from First Round, Silicon ValleyInquirer•Jan 07, 2019•Crossbeam Systems, Crossbeam, First Round Capital, Uncork Capital and 2 others
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Blue Coat To Acquire Crossbeam SystemsFirstpost•Feb 02, 2017•Crossbeam Systems, Blue Coat, Crossbeam, Symantec
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Blue Coat to acquire UTM networking firm CrossbeamTechTarget•Dec 17, 2012•Crossbeam Systems, Blue Coat, Thoma Bravo, Symantec
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Thoma Bravo Buys Crossbeam SystemsPE Hub•Nov 09, 2012•Crossbeam Systems, Thoma Bravo, SonicWALL, Dell
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Crossbeam Systems collects $3.5 million for network securityVentureBeat•Feb 14, 2008•Crossbeam Systems
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