What is Crosslake Technologies?
Founded in 2010 by a former member of Microsoft's Engineering Excellence team, Crosslake Technologies specializes in guiding organizations through the acquisition, development, and operationalization of technology that drives tangible business value. The company leverages a unique network of seasoned technical practitioners, including former CTOs, CIOs, and architects, to translate complex technological concepts into actionable, business-focused insights. Their proprietary Corsis® platform enhances this capability by analyzing data from numerous technology M&A transactions, providing objective, measurable TechIndicators crucial for private equity investors and management teams focused on strategic value creation and due diligence.
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 major financial institution providing a wide array of banking products and services. Their involvement suggests a strategic debt financing component to Crosslake Technologies' capital structure.
PPP
Public-Private Partnership
What's next for Crosslake Technologies?
The recent major strategic investment, alongside previous debt financing, positions Crosslake Technologies for continued expansion and innovation. This capital infusion is expected to fuel further development of its Corsis® platform and broaden its reach in assisting clients with technology-driven M&A and operational strategies. The company's focus on providing data-backed, actionable insights in the complex technology landscape suggests a strategic path toward solidifying its role as a key advisor for private equity and corporate technology initiatives.
See full Crosslake Technologies company page
