What is Crosslake Technologies?
Founded in 2010 by a veteran of Microsoft's Engineering Excellence team, Crosslake Technologies operates as a specialized consultancy that empowers organizations to buy, build, and run technology effectively. The firm distinguishes itself through an unmatched community of former CTOs, CIOs, and architects who translate complex technical jargon into actionable business intelligence. Central to their service offering is the patented Corsis platform, which synthesizes data from thousands of historical technology M&A transactions. This proprietary technology allows Crosslake to provide measurable TechIndicators, enabling private equity investors to mitigate risk and identify opportunities for strategic value creation during the diligence process.
How much funding has Crosslake Technologies raised?
Crosslake Technologies has raised a total of $50.4M across 2 funding rounds:
Debt
$350K
Debt
$50M
Debt (2020): $350K with participation from PPP
Debt (2022): $50M led by Citizens Financial Group
Key Investors in Crosslake Technologies
Citizens Financial Group
Citizens Financial Group is a prominent financial institution providing comprehensive commercial banking and corporate finance solutions to large-scale enterprises and institutional clients.
PPP
Public-Private Partnership
What's next for Crosslake Technologies?
With this recent capital, Crosslake Technologies is poised to deepen its investment in the Corsis platform, further refining its predictive analytics capabilities for the M&A market. The firm is expected to expand its footprint in the enterprise sector, focusing on enhancing its suite of tools for post-merger integration and long-term technical strategy. By maintaining its focus on data-backed decision-making, Crosslake is set to remain a cornerstone partner for investors seeking to maximize the ROI of their technology portfolios in an increasingly volatile economic environment.
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