What is Crossbar?
Headquartered in Santa Clara, California, Crossbar has been at the forefront of memory innovation since its inception in 2010. The company specializes in Resistive RAM (ReRAM), a transformative technology designed to replace traditional flash memory. By offering a solution that can be seamlessly integrated into system-on-chip (SoC) designs or manufactured as standalone memory chips, Crossbar addresses critical bottlenecks in data storage and processing. Its market position is defined by its ability to provide high-performance, low-power memory solutions that are essential for the next generation of consumer electronics, industrial IoT, and enterprise-grade computing infrastructure.
How much funding has Crossbar raised?
Crossbar has raised a total of $143.9M across 8 funding rounds:
Series A
$4.2M
Private Equity
$20.6M
Series B
$20.6M
Series C
$23.5M
Series C
$25M
Series D
$34.2M
Private Equity
$14.5M
Debt
$1.4M
Series A (2011): $4.2M, investors not publicly disclosed
Private Equity (2012): $20.6M led by Northern Light Venture Capital, Kleiner Perkins, Artiman Ventures, and Correlation Ventures
Series B (2012): $20.6M supported by Kleiner Perkins, Artiman Ventures, Correlation Ventures, and Northern Light Venture Capital
Series C (2014): $23.5M featuring TAO Venture Capital Partners, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital, SAIF Partners, Artiman Managment, LLC, University of Michigan, Correlation Ventures, Korea Investment Partners, and CBC Capital
Series C (2014): $25M backed by University of Michigan, Tao Investments, Artiman Ventures, Kleiner Perkins Caufield & Byers, CBC-Capital, SAIF Partners, Korea Investment Partners, and Northern Light Venture Capital
Series D (2015): $34.2M with participation from Northern Light Venture Capital, SAIF Partners, Kleiner Perkins Caufield & Byers, Korea Investment Partners, Correlation Ventures, CBC-Capital, and Artiman Ventures
Private Equity (2017): $14.5M, investors not publicly disclosed
Debt (2021): $1.4M supported by PPP
Key Investors in Crossbar
Northern Light Venture Capital
A technology-centric early stage venture capital firm that supports the next generation of entrepreneurs in enterprise, healthcare, and consumer sectors with disruptive potential.
Kleiner Perkins
A Menlo Park-based venture capital firm that invests in early and growth-stage technology and life-science companies, providing capital and operational support from seed through IPO.
Artiman Ventures
An investment firm focused on innovative companies across various sectors, supporting businesses that leverage technology to improve education, security, and healthcare.
What's next for Crossbar?
With a robust history of backing from top-tier venture capital and private equity firms, Crossbar is well-positioned to accelerate the commercialization of its ReRAM technology. The recent strategic capital infusion is expected to bolster the company's manufacturing partnerships and R&D efforts, enabling broader adoption of its memory solutions in high-growth sectors. As the demand for efficient, high-density memory continues to rise, Crossbar's focus remains on scaling production and deepening its footprint within the global semiconductor ecosystem, ensuring its technology becomes a standard component in modern hardware architectures.
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